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.
EMERALD 4720 has seen a high level of growth in it’s population over the last five years.
EMERALD 4720 homeowners are paying around 44.47% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of QLD which is 48.06%.
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.