House prices in MERMAID BEACH have seen a high level of growth over the last year, which means it's more important than ever to get a good QLD mortgage broker to help you choose the right home loan product.
With a net change of -29 people, MERMAID BEACH 4218 has has shrunk when compared to other suburbs in QLD.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-367 less than the median monthly home loan repayment in MERMAID BEACH, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MERMAID BEACH, 4218 should have seen some difference. While the latest census median annual household figure income is now $62,920, it was $54,215 back in 2006, which is a net increase of $8,704 Subtract from that the median mortgage repayment increase of $4,908 and a mortgage broker’s clients could be up to $3,796 better off each year even without factoring in mortgage rate cuts.