If you’re looking to buy in TORQUAY then you’re going to need a mortgage broker who can get you a good home loan. Median house prices have decreased to $320,000 over the last year.
TORQUAY 4655 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 $173 more than the median monthly home loan repayment in TORQUAY, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in TORQUAY, 4655 should have seen some difference. While the latest census median annual household figure income is now $35,256, it was $31,382 back in 2006, which is a net increase of $3,874 Subtract from that the median mortgage repayment increase of $5,166 and a mortgage broker’s clients could be up to $-1,292 better off each year even without factoring in mortgage rate cuts.