Mortgage Broker/Home Loans Bundall
Buying a property in Bundall? We can secure you with the right finance
Within the last month Bundall has seen some positive statistics with regard to property fundamentals. There were 38 houses for sale over the month with 93 properties sold over the previous 12 months. Given the level of buyer interest (2567 buyers interested), days on market was a relatively low 51 days demonstrating positive buyer demand. The investment yield for houses in Bundall equated to 4.1% with average rents reflecting $1,295 per week which is up 12.6% year on year. The median house price in Bundall was $1,935,000 over April 2023 to March 2024 which is up (9.9%) from the previous 12 months. Based on five years of sales, Bundall has seen a median growth rate for houses of 18.7% annually reflecting total growth of 93.5% over the 5 years.
Given houses make up the majority of the built form in Bundall, only 11 units sold over the previous month with 74 units selling over the previous 12 months. Days on market were lower to that of established houses at 28 days. There were 900 interested buyers over the year with Bundall reflecting a rental yield for units of 5.8%. The median unit price in Bundall reflected $571,250 which is a modest 2.1% increase from the preceding 12 months. Median rents reflected $667 per week, an increase of 9.9% year on year. Based on five years of sales, Bundall has seen a median growth rate for units of 5.97% annually reflecting total growth of 29.82% over the 5 years.
Sorren Perridge and the team at Mortgage Choice, servicing Bundall, will discuss your borrowing options and guide you through the home loan process.
Bundall suburb profile
Bundall is a suburb located on the Gold Coast in Queensland, Australia. Situated just inland from the sunny beaches of Surfers Paradise, Bundall is known for its central location, commercial hub, and recreational facilities.
Bundall is one of the major commercial and business hubs on the Gold Coast. The suburb is home to several office buildings, corporate headquarters, and retail centres. It hosts a variety of businesses ranging from small enterprises to large corporations, making it an important economic centre for the region. The Gold Coast City Council occupy a large amount of administrative office space within the suburb as well as the council chambers being located within the HOTA (Home of The Arts) precinct.
Bundall offers various shopping and entertainment options to residents and visitors. The suburb is home to the popular Gold Coast Turf Club, which hosts horse racing events such as the Magic Millions carnival and other entertainment activities throughout the year. Additionally, there are retail centres such as the Home Centre Bundall, offering a range of home improvement and lifestyle stores.
Bundall boasts several recreational facilities and green spaces for outdoor activities. The HOTA precinct is a popular destination featuring walking trails and picnic areas along with an art gallery and live performance centre,. Residents and visitors can enjoy leisurely strolls, picnics, or engage in sports activities in this expansive parkland.
While Bundall is primarily known for its commercial and recreational amenities, it also features residential areas. These residential pockets offer a mix of housing options, including detached homes, townhouses, and apartments. Residents enjoy the convenience of living close to employment opportunities and urban amenities while still residing in a relatively quiet neighbourhood.
Bundall's central location on the Gold Coast provides easy access to various attractions and amenities. The suburb is situated near major roads and highways, allowing residents to commute to neighbouring areas such as Surfers Paradise, Southport, and Broadbeach with ease. Additionally, Bundall is within proximity to the pristine beaches of the Gold Coast, offering residents the opportunity to enjoy coastal activities and leisure.
Overall, Bundall offers a dynamic blend of commercial activity, recreational amenities, and residential options, making it an attractive suburb for individuals and families seeking a convenient and vibrant lifestyle on the Gold Coast.
Our promise to you
Being your Mortgage Choice broker servicing (Suburb), 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.
- With thousands of loan products available, we will find the best finance solution suited to your individual circumstances.
What is your Borrowing Power in Bundall
When you're ready to purchase your property in (Suburb), 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 Bundall, on 0436 961 101 or book your appointment today.
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
