If you’re looking to buy in HILLCREST then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have decreased to $372,500 over the last year.
With a net change of 620 people, HILLCREST 4118 has grown considerably when compared to other suburbs in QLD.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in HILLCREST, 4118 rank at number 600th in State or 1717th nationally when listed in order of median monthly mortgage payment.
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.