NEWSTEAD, 4006 is number 3857th in a list of the country’s fastest growing suburbs, and number 886th in State. It has had an average population growth of -797.00 over the period between the last two national censuses.
Mortgage payments in NEWSTEAD , 4006 have increased by $939 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in NEWSTEAD, 4006 should have seen some difference. While the latest census median annual household figure income is now $128,960, it was $94,702 back in 2006, which is a net increase of $34,257 Subtract from that the median mortgage repayment increase of $11,274 and a mortgage broker’s clients could be up to $22,983 better off each year even without factoring in mortgage rate cuts.