House prices in SPRINGWOOD have seen little growth over the last year, which means it's more important than ever to get a good QLD mortgage broker to help you choose the right home loan product.
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.
With a median housing loan repayment of $1,733 a month, SPRINGWOOD , 4127 mortgage brokers are seeing mortgage holders paying $515 more than 2006.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in SPRINGWOOD, 4127 should have seen some difference. While the latest census median annual household figure income is now $75,140, it was $60,980 back in 2006, which is a net increase of $14,159 Subtract from that the median mortgage repayment increase of $6,186 and a mortgage broker’s clients could be up to $7,973 better off each year even without factoring in mortgage rate cuts.