Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CARRARA, 4211 is already $545,000, which makes it the number 299th in QLD on a list ordered by most expensive. Make sure that you get good CARRARA mortgage broker to look for the best deal.
CARRARA, 4211 is number 354th in a list of the country’s fastest growing suburbs, and number 72th in State. It has had an average population growth of 176.20 over the period between the last two national censuses.
With a median housing loan repayment of $1,950 a month, CARRARA , 4211 mortgage brokers are seeing mortgage holders paying $500 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 CARRARA, 4211 should have seen some difference. While the latest census median annual household figure income is now $62,192, it was $53,934 back in 2006, which is a net increase of $8,257 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $2,257 better off each year even without factoring in mortgage rate cuts.