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 MAREEBA is number 3571th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service MAREEBA, 4880.
Between 2005 and 2011 the population of MAREEBA, 4880 grew an average of 237.40 people each year. This figure of 2016.20% per annum means MAREEBA is one of the fastest growing suburbs in QLD.
With a median housing loan repayment of $1,517 a month, MAREEBA , 4880 mortgage brokers are seeing mortgage holders paying $542 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 MAREEBA, 4880 should have seen some difference. While the latest census median annual household figure income is now $46,748, it was $37,960 back in 2006, which is a net increase of $8,788 Subtract from that the median mortgage repayment increase of $6,504 and a mortgage broker’s clients could be up to $2,284 better off each year even without factoring in mortgage rate cuts.