GOODNA is one of the less expensive suburbs in QLD. Median home prices are $320,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $288,000 home loan.
Australia’s total population growth over the last five years has been 8675.00 This means that GOODNA, 4300’s growth of 836 people is well above the mean for the country as a whole.
GOODNA, 4300 has seen a average 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 $1,083 to $1,638.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in GOODNA, 4300 should have seen some difference. While the latest census median annual household figure income is now $52,416, it was $43,898 back in 2006, which is a net increase of $8,517 Subtract from that the median mortgage repayment increase of $6,660 and a mortgage broker’s clients could be up to $1,857 better off each year even without factoring in mortgage rate cuts.