HEMMANT is one of the averagely priced suburbs in QLD. Median home prices are $482,053 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $433,847 home loan.
Between 2005 and 2011 the population of HEMMANT, 4174 grew an average of -17.40 people each year. This figure of 498.60% per annum means HEMMANT is one of the more rapidly growing suburbs in QLD.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-317 less than the median monthly home loan repayment in HEMMANT, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HEMMANT, 4174 should have seen some difference. While the latest census median annual household figure income is now $75,712, it was $56,700 back in 2006, which is a net increase of $19,011 Subtract from that the median mortgage repayment increase of $6,600 and a mortgage broker’s clients could be up to $12,411 better off each year even without factoring in mortgage rate cuts.