No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in SHERWOOD , 4075 is $900,000 this month which means that a mortgage for 80% of that value would be $720,000.
SHERWOOD 4075 has seen steady growth in it’s population over the last five years.
SHERWOOD, 4075 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 $1,690 to $2,210.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SHERWOOD, 4075 should have seen some difference. While the latest census median annual household figure income is now $89,440, it was $68,120 back in 2006, which is a net increase of $21,320 Subtract from that the median mortgage repayment increase of $6,240 and a mortgage broker’s clients could be up to $15,080 better off each year even without factoring in mortgage rate cuts.