Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in BUCCAN, 4207 is already $635,000, which makes it the number 194th in QLD on a list ordered by most expensive. Make sure that you get good BUCCAN mortgage broker to look for the best deal.
Between 2005 and 2011 the population of BUCCAN, 4207 grew an average of -3.80 people each year. This figure of 294.80% per annum means BUCCAN is one of the average growth suburbs in QLD.
With a median housing loan repayment of $1,928 a month, BUCCAN , 4207 mortgage brokers are seeing mortgage holders paying $628 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in BUCCAN, 4207 should have seen some difference. While the latest census median annual household figure income is now $84,968, it was $68,775 back in 2006, which is a net increase of $16,192 Subtract from that the median mortgage repayment increase of $7,536 and a mortgage broker’s clients could be up to $8,656 better off each year even without factoring in mortgage rate cuts.