Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then KIRWAN is number 3579th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service KIRWAN, 4817.
Between 2005 and 2011 the population of KIRWAN, 4817 grew an average of 4354.20 people each year. This figure of 0.00% per annum means KIRWAN is one of the fastest growing suburbs in QLD.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,830 which is $1,830 more every month. As a percentage rise, this makes KIRWAN, 4817 the number 6469th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in KIRWAN, 4817 should have seen some difference. While the latest census median annual household figure income is now $79,976, it was $0 back in 2006, which is a net increase of $79,976 Subtract from that the median mortgage repayment increase of $21,960 and a mortgage broker’s clients could be up to $58,016 better off each year even without factoring in mortgage rate cuts.