SPRINGWOOD is one of the more expensive suburbs in QLD. Median home prices are $500,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $450,000 home loan.
Across the whole country SPRINGWOOD,4127 is number 591th fastest growing suburb by population growth, and 125th in State. Its population grew by 39 people over the last five years.
SPRINGWOOD, 4127 has seen a average 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 $1,217 to $1,733.
The local median household income has increased by $272 which is a theoretical $26,806 available for a SPRINGWOOD mortgage broker to find a home loan.