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 CITY BEACH is number 205th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service CITY BEACH, 6015.
CITY BEACH 6015 has seen steady growth in it’s population over the last five years.
With a median housing loan repayment of $3,033 a month, CITY BEACH , 6015 mortgage brokers are seeing mortgage holders paying $866 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 CITY BEACH, 6015 should have seen some difference. While the latest census median annual household figure income is now $133,900, it was $98,191 back in 2006, which is a net increase of $35,708 Subtract from that the median mortgage repayment increase of $10,392 and a mortgage broker’s clients could be up to $25,316 better off each year even without factoring in mortgage rate cuts.