Mortgage Broker Paddington | Buy property with an expert mortgage broker team
Paddington is a great place to live in Brisbane
Looking to buy property in Paddington? We may be a little bit biased, but we're certain it's a great decision to make. Our team will also be particularly excited for you to join the neighbourhood, since Mortgage Choice in Paddington is one of many friendly local businesses in the Paddington area. Paddington is part of Brisbane's inner northern suburbs and a fantastic place to buy property and live.
What is it like to live in Paddington, Brisbane?
Relaxed and stylish, Paddington is on the list of Brisbane's most affluent and trendy residential neighbourhoods.
Brisbane city views from the green and hilly streets have wonderful appeal for many homebuyers and renters alike. For those who love food and a beverage or two, there's vibrant and trendy gastropubs such as Hope and Anchor and The Paddo, hip brunch cafes like Cafe Bema, Paddington Social, Chapter IV and popular restaurants including Ngon, Marinara Trattoria and NAÏM.
Also known for its boutique shopping options, Paddington has everything from shops full of antiques to eclectic fashion-forward stores like Hummingbird and Olive Paddington selling trendy and vintage fashion, as well as trend-setting homewares.
In nearby Milton, Suncorp Stadium hosts all types of events, including sporting events like rugby and soccer matches, and big-name concerts.
Paddington property prices
In Paddington, as of April 2024 the median property price over the last year has ranged from $1,850,000 for houses to $714,500 for units.
Potential Paddington property investors can take into consideration that houses in Paddington rent out for $822 per week, with an annual rental yield of 2.6%. Paddington units on the other hand, rent for $550 per week with a rental yield of 4.8%.
Based on the last five years of property sales, Paddington has seen a compound growth rate of 8.8% for houses and 13.4% for units as at April 2024, so it's a fantastic return over time in this area.
Property finance for Paddington
For many of us, our home loan will be the most significant debt we ever take on. So, it's worth making sure you have the very best home loan for your new Paddington property or investment, based on your circumstances.
If you're looking professional home loan advice in Paddington, don't hesitate to give us a call. Mortgage Choice in Paddington has 101+ impressive 5-star Google and other Reviews from our happy clients, so you know that you can trust us to give you the very best customer service and home finance outcomes.
From our conveniently located office in Paddington, mortgage brokers Adam Bourke and Jed Meddings offer home loan, refinance and investment property loan services. While we're based in Paddington, our mortgage brokers service surrounding suburbs including Milton, The Gap and Bardon areas. We also provide our home loan service to all areas of Brisbane and across Australia.
