Which suburb you live in obviously impacts how much your next mortgage is. If we assume that the median house price is directly linked to the size of mortgages in a suburb, then PARADISE POINT is number 603th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service PARADISE POINT, 4216.
With a net change of 814 people, PARADISE POINT 4216 has grown considerably when compared to other suburbs in QLD.
With a median housing loan repayment of $2,297 a month, PARADISE POINT , 4216 mortgage brokers are seeing mortgage holders paying $564 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PARADISE POINT, 4216 should have seen some difference. While the latest census median annual household figure income is now $60,476, it was $49,987 back in 2006, which is a net increase of $10,488 Subtract from that the median mortgage repayment increase of $6,768 and a mortgage broker’s clients could be up to $3,720 better off each year even without factoring in mortgage rate cuts.