No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in BRACKEN RIDGE , 4017 is $487,000 this month which means that a mortgage for 80% of that value would be $389,600.
Across the whole country BRACKEN RIDGE,4017 is number 146th fastest growing suburb by population growth, and 16th in State. Its population grew by 1443 people over the last five years.
Mortgage payments in BRACKEN RIDGE , 4017 have increased by $650 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BRACKEN RIDGE, 4017 should have seen some difference. While the latest census median annual household figure income is now $78,572, it was $63,622 back in 2006, which is a net increase of $14,950 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $7,150 better off each year even without factoring in mortgage rate cuts.