Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in LAWNTON, 4501 is already $379,500, which makes it the number 558th in QLD on a list ordered by most expensive. Make sure that you get good LAWNTON mortgage broker to look for the best deal.
LAWNTON 4501 has seen considerable shrinkage in it’s population over the last five years.
LAWNTON 4501 homeowners are paying around 44.42% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay more than the median average increase of QLD which is 48.06%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in LAWNTON, 4501 should have seen some difference. While the latest census median annual household figure income is now $56,212, it was $50,596 back in 2006, which is a net increase of $5,616 Subtract from that the median mortgage repayment increase of $6,396 and a mortgage broker’s clients could be up to $-780 better off each year even without factoring in mortgage rate cuts.