Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in YEPPOON, 4703 is already $359,000, which makes it the number 600th in QLD on a list ordered by most expensive. Make sure that you get good YEPPOON mortgage broker to look for the best deal.
Across the whole country YEPPOON,4703 is number 971th fastest growing suburb by population growth, and 219th in State. Its population grew by 418 people over the last five years.
YEPPOON 4703 homeowners are paying around 72.80% more than they were at the time of the 2006 census. This means local mortgage brokers’ clients are having to pay much more 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 YEPPOON, 4703 should have seen some difference. While the latest census median annual household figure income is now $43,992, it was $34,460 back in 2006, which is a net increase of $9,531 Subtract from that the median mortgage repayment increase of $9,858 and a mortgage broker’s clients could be up to $-326 better off each year even without factoring in mortgage rate cuts.