Mortgage Choice brokers compare hundreds of home loans to find you the home loan that best suits your needs. Find a local mortgage broker now for expert advice at no cost to you.
Find a mortgage broker in Melbourne
Are you looking for a Mortgage Broker in Melbourne? Mortgage Choice has expert mortgage brokers located right across Melbourne & surrounding areas. We offer you the choice of hundreds of great home loan deals from over 20 lenders, with appointments at the time and place that suits you.
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The Melbourne property market has seen a marked change in sentiment driven by more affordable values, super-low interest rates and an easing in loan assessment requirements.
The latest ANZ Bank property market outlook is predicting Melbourne values will rise by 4.3% in 2020.
As always with forecasts, we see differing views. Moody's Analytics estimates that Melbourne house prices will significantly outperform apartments in the medium to long term.
The expectation is for house values across Greater Melbourne to grow by 1.3% in 2020, with suburbs in Melbourne-Inner East and Melbourne-North East leading the recovery. This is expected to be followed by a large recovery of 6% in 2021.
Investors score big yields
Data modelling from the Real Estate Institute of Victoria (REIV) reveals that the highest rental yields in Victoria can be found in and around the CBD though some regional hot spots are dishing up surprisingly high returns.
Melbourne’s one-bedroom apartment market is the most profitable for investors with a rental yield of 6.7%. Considering that you only need to outlay $347,500 to buy a one bedroom apartment in the city, it is a great market for people to dip their toe into property investment and be confident of a tidy return of around $450 a week.
Regional Victorian towns rate highly in the rental yield list with three-bedroom houses in Moe generating a 6.6% return and three-bedroom houses in Stawell returning 6.4%.
Why choose Mortgage Choice?
We know how important it is for you to be able to trust the advice you are receiving from our experts.
Our home loan service comes at no cost to you because we get paid a commission by the lender when you settle a home loan. We then pay your broker but we do it differently from other mortgage brokers. Your Mortgage Choice broker gets paid the same rate of commission no matter which home loan you choose from our wide choice of lenders.
This makes sure they always have your best interests at heart.
We have local experts available to help you with all things finance related. They'll make complicated easy and provide you with the information and advice you need to make the right decisions with your money.
We can assist you with your personal finances including your home loan, car loan and insurances and our financial advisers can help you plan to achieve your financial goals now and in the future. We can also help you organise finance to start or grow your business and fund your assets.
Contact one of our local experts today to see how we can help you.
Find an Expert
Mortgage Choice was founded by the Higgins brothers over 25 years ago. They believed in giving Australians access to a choice of home loans, backed by expert advice to help them make the right choice. They were pioneers in mortgage broking and we've since helped over 600,000 people with their home loans.
Over the years, our passion for offering choice and advice has been extended to other areas of personal and business finance, including our industry leading financial planning service.
Compare and save on your mortgage
See the latest great deals from over 20 lenders, including the big four banks. Our online comparison tool lets you compare rates and features of hundreds of loans to find one that's right for you~.