Mortgage Broker/Home Loans Benowa
Buying a property in Suburb? We can secure you with the right finance
Within the last month Benowa has seen some positive statistics with regard to property fundamentals. There were 45 houses for sale over the month with 123 houses sold over the previous 12 months. Given the level of buyer interest (2024 buyers interested), days on market was a relatively low 42 days demonstrating positive buyer demand. The investment yield for houses in Benowa equated to 4.1% with average rents reflecting $1,100 per week which is up which has been stable year on year. The median house price in Benowa was $1,611,000 over April 2023 to March 2024 which is up 7.4% from the previous 12 months. Based on five years of sales, Benowa has seen a median growth rate for houses of 17.03% annually reflecting total growth of 85.17% over the 5 years.
Benowa has a diverse range of built form with houses, townhouses and units making up the majority. 80 units sold over the previous 12 months. Over the previous month, 26 units were available for sale with median days on market being 57 days. There were 808 interested buyers over the year with Benowa reflecting a rental yield for units of 5.3%. The median unit price in Benowa reflected $780,250 which is an increase of 5.9% from the preceding 12 months. Median rents reflected $750 per week, an increase of 7.1% year on year. Based on five years of sales, Benowa has seen a median growth rate for units of 10.0% annually reflecting total growth of 50.0% over the 5 years.
Sorren Perridge and the team at Mortgage Choice, servicing Benowa, will discuss your borrowing options and guide you through the home loan process.
Benowa suburb profile
Benowa is a suburb located on the central Gold Coast in Queensland, Australia. Benowa is primarily a residential suburb, offering a mix of housing options including detached homes, townhouses, and apartments. The built form encompasses entry level apartments and houses through to prestige golf frontage and water frontage properties. The suburb attracts families and individuals looking for a peaceful and suburban lifestyle. Benowa is renowned for its golfing facilities, including the Royal Pines Resort Golf Course. This championship course hosts prestigious golf tournaments and provides residents with access to world-class golfing amenities.
The suburb features several parks and recreational areas, providing opportunities for outdoor activities such as picnics, walking, and cycling. Benowa Gardens Park (Gold Coast Botanical Gardens) and Rosser Park are popular green spaces where residents can relax and enjoy nature. Benowa is home to Benowa State High School, a reputable public high school known for its academic excellence and sporting programs. The suburb also has primary schools and childcare centres catering to the educational needs of families.
Benowa offers convenient access to shopping and dining options. The nearby Benowa Gardens Shopping Centre features a variety of retail stores, supermarkets, and dining establishments, meeting the everyday needs of residents. Benowa's central location on the Gold Coast provides easy access to major attractions, amenities, and employment hubs. The suburb is situated near main roads and highways, allowing residents to commute to neighbouring areas such as Surfers Paradise, Southport, and Broadbeach with ease.
Overall, Benowa offers a desirable lifestyle with its residential charm, golfing amenities, green spaces, and convenient access to urban conveniences, making it an attractive suburb for families and individuals seeking a balanced lifestyle on the Gold Coast.
Our promise to you
Being your Mortgage Choice broker servicing Benowa, 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.
- We are commited to finding the most suitable loan for your individual circumstances.
What is your Borrowing power in Benowa
When you're ready to purchase your property in Benowa, 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 Sorren Perridge from the team at Mortgage Choice, servicing Benowa, on 0436 961 101 or click the button below to book an appointment.
We can also help with:
- Mortgage Broking
- Personal loans
- Asset Finance
- Debt Consolidation
- Equipment Finance
- First Home Buyers
- Pre-Approvals
- Refinancing
- Self-Managed Super Fund lending
- Upgraders and Movers
- Investment Lending
- Commercial Lending
- Car loans and leasing
