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 MILTON , 4064 is $882,500 this month which means that a mortgage for 80% of that value would be $706,000.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 1887.00% population change in MILTON 4064 is above average.
Mortgage brokers in MILTON, 4064 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,612 to $2,400.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MILTON, 4064 should have seen some difference. While the latest census median annual household figure income is now $93,496, it was $62,270 back in 2006, which is a net increase of $31,226 Subtract from that the median mortgage repayment increase of $9,450 and a mortgage broker’s clients could be up to $21,776 better off each year even without factoring in mortgage rate cuts.