Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in CORINDA, 4075 is already $749,000, which makes it the number 128th in QLD on a list ordered by most expensive. Make sure that you get good CORINDA mortgage broker to look for the best deal.
Between 2005 and 2011 the population of CORINDA, 4075 grew an average of 47.80 people each year. This figure of 919.00% per annum means CORINDA is one of the more rapidly growing suburbs in QLD.
CORINDA, 4075 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,440 to $2,123.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in CORINDA, 4075 should have seen some difference. While the latest census median annual household figure income is now $78,988, it was $58,853 back in 2006, which is a net increase of $20,134 Subtract from that the median mortgage repayment increase of $8,196 and a mortgage broker’s clients could be up to $11,938 better off each year even without factoring in mortgage rate cuts.