If you’re looking to buy in COOLANGATTA then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased to $698,750 over the last year.
COOLANGATTA, 4225 is number 1269th in a list of the country’s fastest growing suburbs, and number 302th in State. It has had an average population growth of 64.60 over the period between the last two national censuses.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,781 which is $377 more every month. As a percentage rise, this makes COOLANGATTA, 4225 the number 2515th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in COOLANGATTA, 4225 should have seen some difference. While the latest census median annual household figure income is now $41,444, it was $36,176 back in 2006, which is a net increase of $5,267 Subtract from that the median mortgage repayment increase of $4,524 and a mortgage broker’s clients could be up to $743 better off each year even without factoring in mortgage rate cuts.