MOFFAT BEACH is one of the most expensive suburbs in QLD. Median home prices are $760,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $684,000 home loan.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with above the state figure, MOFFAT BEACH, 4551 figure of 2 represents a 2468.00% change.
Mortgage brokers in MOFFAT BEACH, 4551 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,250 to $2,000.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MOFFAT BEACH, 4551 should have seen some difference. While the latest census median annual household figure income is now $54,340, it was $47,226 back in 2006, which is a net increase of $7,113 Subtract from that the median mortgage repayment increase of $9,000 and a mortgage broker’s clients could be up to $-1,886 better off each year even without factoring in mortgage rate cuts.