Mortgage Brokers Mentone | Home Loans Mentone
Buying a property in Mentone?
Over the last year, the median property prices ranged from $1,470,000 for houses to $670,000 for units, so if you're looking at purchasing a property in Mentone, get in touch with Brooke to discuss your borrowing capacity.
As your local home loan expert in Mentone, Brooke Alexander can help you assess the mortgage market and find a home loan that’s tailored to your individual needs. Get in touch with her today!
Property Update: Mentone
Last month Mentone had 63 properties available for rent and 99 properties for sale. Median property prices over the last year range from $1,340,000 for houses to $610,000 for units. If you are looking for an investment property, consider houses in Mentone rent out for $730 PW with an annual rental yield of 3.0% and units rent for $500 PW with a rental yield of 4.6%.
Start your home loan journey today
Benefits of a home loan pre-approval
Are you ready to start house hunting? It might be worth organising a home loan pre-approval first (especially in a property market like this). Pre-approval is generally valid for 3 months and gives you a good idea of how much you can actually spend on your property. The best part about pre-approval is that it can provide peace of mind before you hit the pavement in search of your new home.
Some of the benefits of pre-approval include:
- A clear spending limit, so you’ll know how much you can borrow.
- Extra negotiating power. This tells vendors you’re a serious buyer and in a position to act quickly.
- Confidence to bid at auction.
Learn more about home loan pre-approvals in our short video below!
Free Property Resources
If you're wanting to continue your research before getting in touch with our Mortgage Broker in Mentone, then feel free to check out some of our free resources.
- Guide: Moving checklist
- Guide: Step by step to property ownership
- Home Loan Calculator: How much can I borrow?
If you need to speak with a mortgage broker in Mentone, then get in touch with Brooke Alexander. Call 0401 134 650.
Brooke can help you with:
- Buying your first home
- Mortgage Brokers Beaumaris
- Mortgage Brokers Highett
- Refinancing
- Investment Loans