House prices in THORNLANDS have seen quite a lot of 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.
Between 2005 and 2011 the population of THORNLANDS, 4164 grew an average of 2375.00 people each year. This figure of 2541.20% per annum means THORNLANDS is one of the fastest growing suburbs in QLD.
Across the nation mortgage brokers have seen home loan repayments rise from census to census. Mortgage repayments in THORNLANDS, 4164 rank at number 520th in State or 1499th nationally when listed in order of median monthly mortgage payment.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in THORNLANDS, 4164 should have seen some difference. While the latest census median annual household figure income is now $88,608, it was $73,049 back in 2006, which is a net increase of $15,558 Subtract from that the median mortgage repayment increase of $7,680 and a mortgage broker’s clients could be up to $7,878 better off each year even without factoring in mortgage rate cuts.