Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BROWNS PLAINS, 4118 is already $355,000, which makes it the number 602th in QLD on a list ordered by most expensive. Make sure that you get good BROWNS PLAINS mortgage broker to look for the best deal.
BROWNS PLAINS, 4118 is number 1163th in a list of the country’s fastest growing suburbs, and number 274th in State. It has had an average population growth of -21.80 over the period between the last two national censuses.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in BROWNS PLAINS, 4118 rank at number 512th in State or 1474th nationally when listed in order of median monthly mortgage payment.
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.