No matter where in QLD you want to buy a home, it's important that you get the right mortgage product to make sure that you pay as little as possible every month. The median house price in WATERFORD WEST , 4133 is $358,750 this month which means that a mortgage for 80% of that value would be $287,000.
WATERFORD WEST 4133 has seen a high level of growth in it’s population over the last five years.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,580 which is $497 more every month. As a percentage rise, this makes WATERFORD WEST, 4133 the number 3496th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
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.