Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in YEPPOON, 4703 is already $360,000, which makes it the number 594th in QLD on a list ordered by most expensive. Make sure that you get good YEPPOON mortgage broker to look for the best deal.
Australia’s total population growth over the last five years has been 6216.00 This means that YEPPOON, 4703’s growth of 418 people is well above the mean for the country as a whole.
Mortgage brokers in YEPPOON, 4703 have seen that the median mortgage loan repayment has increased somewhat between the last two census periods, changing from $1,128 to $1,950.
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.