If you’re looking to buy in CANNONVALE then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have decreased to $430,000 over the last year.
Between 2005 and 2011 the population of CANNONVALE, 4802 grew an average of 174.80 people each year. This figure of 957.00% per annum means CANNONVALE is one of the more rapidly growing suburbs in QLD.
Mortgage brokers in CANNONVALE, 4802 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,400 to $2,100.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CANNONVALE, 4802 should have seen some difference. While the latest census median annual household figure income is now $64,168, it was $56,165 back in 2006, which is a net increase of $8,002 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $-397 better off each year even without factoring in mortgage rate cuts.