Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in WOREE, 4868 is already $329,000, which makes it the number 668th in QLD on a list ordered by most expensive. Make sure that you get good WOREE mortgage broker to look for the best deal.
The average suburb population growth in QLD has been 2808.22% since 2006, so the 4726.00% population change in WOREE 4868 is above average.
WOREE 4868 homeowners are paying around 30.01% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay less than the median average increase of QLD which is 48.06%.
Although an increase in household income doesn’t necessarily mean more disposable income, over the 5 year census period, mortgage holders in WOREE, 4868 should have seen some difference. While the latest census median annual household figure income is now $45,344, it was $45,401 back in 2006, which is a net increase of $-57 Subtract from that the median mortgage repayment increase of $3,900 and a mortgage broker’s clients could be up to $-3,957 better off each year even without factoring in mortgage rate cuts.