If you’re looking to buy in SHERWOOD then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have increased considerably to $882,500 over the last year.
SHERWOOD 4075 has seen steady growth in it’s population over the last five years.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-577 less than the median monthly home loan repayment in SHERWOOD, QLD.
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.