If you’re looking to buy in COOMERA then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have not risen much to $477,000 over the last year.
Australia’s total population growth over the last five years has been 8692.00 This means that COOMERA, 4209’s growth of 6155 people is well above the mean for the country as a whole.
Mortgage brokers in COOMERA, 4209 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $2,000 to $2,500.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in COOMERA, 4209 should have seen some difference. While the latest census median annual household figure income is now $82,316, it was $80,022 back in 2006, which is a net increase of $2,293 Subtract from that the median mortgage repayment increase of $6,000 and a mortgage broker’s clients could be up to $-3,706 better off each year even without factoring in mortgage rate cuts.