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 QUEENSCLIFF is number 1146th on a national scale of largest to smallest mortgages. Make sure that you get a good mortgage broker who can service QUEENSCLIFF, 3225.
Across the whole country QUEENSCLIFF,3225 is number 3156th fastest growing suburb by population growth, and 553th in State. Its population grew by 0 people over the last five years.
Mortgage brokers in QUEENSCLIFF, 3225 have seen that the median mortgage loan repayment has not changed much between the last two census periods, changing from $1,083 to $1,733.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in QUEENSCLIFF, 3225 should have seen some difference. While the latest census median annual household figure income is now $57,148, it was $41,459 back in 2006, which is a net increase of $15,688 Subtract from that the median mortgage repayment increase of $7,800 and a mortgage broker’s clients could be up to $7,888 better off each year even without factoring in mortgage rate cuts.