PEREGIAN BEACH is one of the most expensive suburbs in QLD. Median home prices are $775,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $697,500 home loan.
PEREGIAN BEACH, 4573 is number 1818th in a list of the country’s fastest growing suburbs, and number 431th in State. It has had an average population growth of 701.40 over the period between the last two national censuses.
Mortgage brokers in PEREGIAN BEACH, 4573 have seen that the median mortgage loan repayment has decreased notably between the last two census periods, changing from $0 to $1,921.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in PEREGIAN BEACH, 4573 should have seen some difference. While the latest census median annual household figure income is now $55,796, it was $46,774 back in 2006, which is a net increase of $9,022 Subtract from that the median mortgage repayment increase of $23,052 and a mortgage broker’s clients could be up to $-14,030 better off each year even without factoring in mortgage rate cuts.