WESTLAKE is one of the most expensive suburbs in QLD. Median home prices are $712,000 so a 90% mortgage at level that will mean your mortgage broker will need to find you the best deal possible for a $640,800 home loan.
WESTLAKE, 4074 is number 1509th in a list of the country’s fastest growing suburbs, and number 357th in State. It has had an average population growth of -60.00 over the period between the last two national censuses.
WESTLAKE, 4074 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,510 to $2,150.
The local median household income has increased by $425 which is a theoretical $33,254 available for a WESTLAKE mortgage broker to find a home loan.