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 MOGGILL , 4070 is $590,000 this month which means that a mortgage for 80% of that value would be $472,000.
Between 2005 and 2011 the population of MOGGILL, 4070 grew an average of 292.20 people each year. This figure of 701.20% per annum means MOGGILL is one of the more rapidly growing suburbs in QLD.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in MOGGILL, 4070 rank at number 222th in State or 638th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in MOGGILL, 4070 should have seen some difference. While the latest census median annual household figure income is now $103,844, it was $81,624 back in 2006, which is a net increase of $22,219 Subtract from that the median mortgage repayment increase of $9,600 and a mortgage broker’s clients could be up to $12,619 better off each year even without factoring in mortgage rate cuts.