KENMORE is one of the most expensive suburbs in QLD. Median home prices are $660,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $594,000 home loan.
With a net change of 276 people, KENMORE 4069 has grown when compared to other suburbs in QLD.
With a median housing loan repayment of $2,100 a month, KENMORE , 4069 mortgage brokers are seeing mortgage holders paying $583 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KENMORE, 4069 should have seen some difference. While the latest census median annual household figure income is now $99,632, it was $75,753 back in 2006, which is a net increase of $23,878 Subtract from that the median mortgage repayment increase of $6,996 and a mortgage broker’s clients could be up to $16,882 better off each year even without factoring in mortgage rate cuts.