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 BROWNS PLAINS is number 3299th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service BROWNS PLAINS, 4118.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with well above the state figure, BROWNS PLAINS, 4118 figure of -109 represents a 5472.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,729 which is $646 more every month. As a percentage rise, this makes BROWNS PLAINS, 4118 the number 2993th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BROWNS PLAINS, 4118 should have seen some difference. While the latest census median annual household figure income is now $60,684, it was $51,734 back in 2006, which is a net increase of $8,949 Subtract from that the median mortgage repayment increase of $7,752 and a mortgage broker’s clients could be up to $1,197 better off each year even without factoring in mortgage rate cuts.