Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then BOOVAL is number 3676th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BOOVAL, 4304.
With a net change of 146 people, BOOVAL 4304 has not grown much when compared to other suburbs in QLD.
BOOVAL, 4304 has seen a low increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,018 to $1,400.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BOOVAL, 4304 should have seen some difference. While the latest census median annual household figure income is now $40,404, it was $32,900 back in 2006, which is a net increase of $7,503 Subtract from that the median mortgage repayment increase of $4,584 and a mortgage broker’s clients could be up to $2,919 better off each year even without factoring in mortgage rate cuts.