DEAGON is one of the averagely priced suburbs in QLD. Median home prices are $467,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $420,300 home loan.
DEAGON 4017 has seen steady growth in it’s population over the last five years.
Mortgage brokers in DEAGON, 4017 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,083 to $1,842.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in DEAGON, 4017 should have seen some difference. While the latest census median annual household figure income is now $56,472, it was $43,534 back in 2006, which is a net increase of $12,937 Subtract from that the median mortgage repayment increase of $9,108 and a mortgage broker’s clients could be up to $3,829 better off each year even without factoring in mortgage rate cuts.