Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WEST END, 4101 is already $1,122,500, which makes it the number 19th in QLD on a list ordered by most expensive. Make sure that you get good WEST END mortgage broker to look for the best deal.
Across the whole country WEST END,4101 is number 699th fastest growing suburb by population growth, and 160th in State. Its population grew by 1856 people over the last five years.
Mortgage brokers in WEST END, 4101 have seen that the median mortgage loan repayment has increased substantially between the last two census periods, changing from $1,517 to $2,597.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WEST END, 4101 should have seen some difference. While the latest census median annual household figure income is now $77,220, it was $50,767 back in 2006, which is a net increase of $26,452 Subtract from that the median mortgage repayment increase of $12,960 and a mortgage broker’s clients could be up to $13,492 better off each year even without factoring in mortgage rate cuts.