HILLCREST is one of the less expensive suburbs in QLD. Median home prices are $379,750 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $341,775 home loan.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 5128.00% population change in HILLCREST 4118 is well above average.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-100 less than the median monthly home loan repayment in HILLCREST, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in HILLCREST, 4118 should have seen some difference. While the latest census median annual household figure income is now $67,652, it was $54,225 back in 2006, which is a net increase of $13,426 Subtract from that the median mortgage repayment increase of $7,272 and a mortgage broker’s clients could be up to $6,154 better off each year even without factoring in mortgage rate cuts.