WAKERLEY is one of the most expensive suburbs in QLD. Median home prices are $745,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $670,500 home loan.
Between 2005 and 2011 the population of WAKERLEY, 4154 grew an average of 778.80 people each year. This figure of 1540.40% per annum means WAKERLEY is one of the fastest growing suburbs in QLD.
Mortgage payments in WAKERLEY , 4154 have increased by $800 over the 5-year census period.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WAKERLEY, 4154 should have seen some difference. While the latest census median annual household figure income is now $118,560, it was $86,678 back in 2006, which is a net increase of $31,881 Subtract from that the median mortgage repayment increase of $9,600 and a mortgage broker’s clients could be up to $22,281 better off each year even without factoring in mortgage rate cuts.