EATONS HILL is one of the more expensive suburbs in QLD. Median home prices are $621,750 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $559,575 home loan.
Australia’s total population growth over the last five years has been 7892.00 This means that EATONS HILL, 4037’s growth of 7461 people is well above the mean for the country as a whole.
With a median housing loan repayment of $2,167 a month, EATONS HILL , 4037 mortgage brokers are seeing mortgage holders paying $650 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in EATONS HILL, 4037 should have seen some difference. While the latest census median annual household figure income is now $111,644, it was $92,289 back in 2006, which is a net increase of $19,354 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $11,554 better off each year even without factoring in mortgage rate cuts.