If you’re looking to buy in COORPAROO then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $848,250 over the last year.
Australia’s total population growth over the last five years has been 14844.00 This means that COORPAROO, 4151’s growth of 1145 people is well above the mean for the country as a whole.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $2,152 which is $652 more every month. As a percentage rise, this makes COORPAROO, 4151 the number 1198th 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 COORPAROO, 4151 should have seen some difference. While the latest census median annual household figure income is now $79,196, it was $58,037 back in 2006, which is a net increase of $21,158 Subtract from that the median mortgage repayment increase of $7,824 and a mortgage broker’s clients could be up to $13,334 better off each year even without factoring in mortgage rate cuts.