TINGALPA is one of the more expensive suburbs in QLD. Median home prices are $515,500 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $463,950 home loan.
QLD has seen an average of 2808.22% rowth over the last 5 years. This means that with well above the state figure, TINGALPA, 4173 figure of 366 represents a 8439.00% change.
With a median housing loan repayment of $2,000 a month, TINGALPA , 4173 mortgage brokers are seeing mortgage holders paying $700 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 TINGALPA, 4173 should have seen some difference. While the latest census median annual household figure income is now $76,648, it was $58,812 back in 2006, which is a net increase of $17,836 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $9,436 better off each year even without factoring in mortgage rate cuts.