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Rob Lees

Mortgage Broker Cranebrook

Start your home loan journey today

 

Buying a property in Cranebrook? Refinancing in Cranebrook? We can secure you with the right finance. 

Last month, Cranebrook had a total of 33 properties available for rent and 34 properties available for sale. The median prices for properties in Cranebrook over the past year have varied, with houses averaging at $839,000 and units averaging at $662,500.

If you are considering an investment property in Cranebrook, it is worth noting that houses in the area can be rented out for approximately $530 per week, offering an annual rental yield of 3.5%. On the other hand, units can be rented out for about $460 per week, providing a rental yield of 3.6%.

When analysing the sales data from the past five years, Cranebrook has experienced a compound growth rate of -0.1% for houses and -9.9% for units.

Krystal Jackson and the team at Mortgage Choice, servicing Cranebrook, will discuss your borrowing options and guide you through the home loan process. 

Cranebrook's geography is hilly and many residents on the western side enjoy views across the Nepean River to the Blue Mountains. Residents on the eastern side enjoy views across the ADI Site, an area rich in Cumberland Woodland and populated with many kangaroos.The Northern Road separates Cranebrook (to the west) from the ADI Site (to the east), an area of land around 15 square kilometres in size. Aspects relating to the sale and development of this land have been a strong local political issue. The southern boundary of Cranebrook is Andrews Road, and the northern boundary is Smeeton Road. Nearby is McCarthys Lane Cemetery, considered the oldest Catholic cemetery in Australia. The western boundary is Castlereagh Road and Church Street.West of Castlereagh Rd are the Penrith Lakes, a series of flooded quarries. The quarries were formed by a quarrying conglomerate in 1979. The site supplies around 75% of Sydney's sand and crushed aggregate requirements, including about 85% of the materials for ready mixed concrete. One of these lakes is the Sydney International Regatta Centre which hosted the rowing events of the Sydney 2000 Olympics. There is also the popular Penrith Whitewater Stadium which hosted whitewater slalom events for the Sydney 2000 Olympics. The Penrith Lakes Development Corporation (PLDC) oversees implementation of the Penrith Lakes Scheme.

Our promise to you

Being your Mortgage Choice broker servicing Cranebrook, we are committed to ensuring you truly have the best interest rate available on the market! Our promise to our clients is:

In most cases, our home loan service is at no cost to you!

We will do the legwork. You can save hours of research and paperwork by getting us to help!

We can help you access market-leading rates from over 30 lenders. 

 What is your borrowing power in Cranebrook? 

 When you're ready to purchase your property in Cranebrook, it's important to have a good understanding of how much you can borrow. We know that finding out how much you can borrow for a property can be a bit confusing, which is why we have some great resources at your disposal. 

Feel free to check out our easy-to-use home loan calculators here or get in touch with us to discuss your unique situation. 

To arrange an appointment please call Krystal Jackson from the team at Mortgage Choice, servicing Cranebrook, on 0437 976 046

 


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