House prices in EMERALD have seen negative growth over the last year, which means it's more important than ever to get a good QLD mortgage broker to help you choose the right home loan product.
Australia’s total population growth over the last five years has been 13783.00 This means that EMERALD, 4720’s growth of 2308 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 $2,167 which is $667 more every month. As a percentage rise, this makes EMERALD, 4720 the number 846th 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 EMERALD, 4720 should have seen some difference. While the latest census median annual household figure income is now $119,340, it was $86,918 back in 2006, which is a net increase of $32,422 Subtract from that the median mortgage repayment increase of $8,004 and a mortgage broker’s clients could be up to $24,418 better off each year even without factoring in mortgage rate cuts.