If you were to buy a house locally at the current median price of $310,000 and had 10% deposit, then you would need a mortgage for $279,000. This is small than average mortgage compared to state.
With a net change of 843 people, KIRWAN 4817 has grown considerably when compared to other suburbs in QLD.
KIRWAN, 4817 has seen a large increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $0 to $1,830.
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.