Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WOOMBYE, 4559 is already $455,000, which makes it the number 432th in QLD on a list ordered by most expensive. Make sure that you get good WOOMBYE mortgage broker to look for the best deal.
WOOMBYE, 4559 is number 2206th in a list of the country’s fastest growing suburbs, and number 511th in State. It has had an average population growth of 136.20 over the period between the last two national censuses.
In QLD the median mortgage repayment has increased from $1,125 to $1,633 which is $-367 less than the median monthly home loan repayment in WOOMBYE, QLD.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WOOMBYE, 4559 should have seen some difference. While the latest census median annual household figure income is now $56,992, it was $52,104 back in 2006, which is a net increase of $4,888 Subtract from that the median mortgage repayment increase of $8,400 and a mortgage broker’s clients could be up to $-3,512 better off each year even without factoring in mortgage rate cuts.