No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in LABRADOR , 4215 is $549,000 this month which means that a mortgage for 80% of that value would be $439,200.
Australia’s total population growth over the last five years has been 16301.00 This means that LABRADOR, 4215’s growth of 1010 people is well above the mean for the country as a whole.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in LABRADOR, 4215 rank at number 964th in State or 3096th 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 LABRADOR, 4215 should have seen some difference. While the latest census median annual household figure income is now $44,824, it was $38,350 back in 2006, which is a net increase of $6,474 Subtract from that the median mortgage repayment increase of $5,520 and a mortgage broker’s clients could be up to $954 better off each year even without factoring in mortgage rate cuts.