Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WATERFORD WEST, 4133 is already $355,000, which makes it the number 619th in QLD on a list ordered by most expensive. Make sure that you get good WATERFORD WEST mortgage broker to look for the best deal.
Between 2005 and 2011 the population of WATERFORD WEST, 4133 grew an average of 133.40 people each year. This figure of 1211.80% per annum means WATERFORD WEST is one of the fastest growing suburbs in QLD.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $53 more than the median monthly home loan repayment in WATERFORD WEST, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WATERFORD WEST, 4133 should have seen some difference. While the latest census median annual household figure income is now $50,388, it was $41,906 back in 2006, which is a net increase of $8,481 Subtract from that the median mortgage repayment increase of $5,964 and a mortgage broker’s clients could be up to $2,517 better off each year even without factoring in mortgage rate cuts.