House prices in NARANGBA have seen little 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.
Between 2005 and 2011 the population of NARANGBA, 4504 grew an average of 3192.00 people each year. This figure of 3224.60% per annum means NARANGBA is one of the fastest growing suburbs in QLD.
NARANGBA, 4504 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,430 to $2,167.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NARANGBA, 4504 should have seen some difference. While the latest census median annual household figure income is now $88,140, it was $68,437 back in 2006, which is a net increase of $19,702 Subtract from that the median mortgage repayment increase of $8,844 and a mortgage broker’s clients could be up to $10,858 better off each year even without factoring in mortgage rate cuts.