Mortgage Broker Blackburn | Blackburn Home Loans

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Home loans in Blackburn

A great place to experience bush living close to the city, Blackburn features plenty of parkland and green spaces to enjoy - you may even spot some native wildlife! The Blackburn Lake Sanctuary, with its many tranquil walking tracks, is one such popular spot, ideal for exercise and a great place to get away from the hustle and bustle of everyday life. But don’t worry - despite the peaceful atmosphere, Blackburn has no shortage of wonderful cafes, takeaway food shops, and grocery stores to keep you busy and your stomach full, as well as all your essential amenities like medical practices. With two convenient train stations that have you in the CBD in no time, Blackburn is certainly a gem of the region.

In 2023, the median house and apartment prices in Blackburn were $1,600,134 and $713,000 respectively. If this suburb sounds like the place for you, contact James Ly for an obligation-free appointment to discuss your situation.

Building a home in the Blackburn region

Are you dreaming of a newly built home, customised exactly to your needs? You’ll need a construction loan to help you get there. Unlike a standard home loan, where the full amount is paid immediately, your construction loan will be drawn down in increments to pay for each stage of the build. These stages usually include

Base
Frame
Lock up
Fixing
Completion and handover

This structure means that you will only pay interest on money that has been used, keeping your initial repayments low. Your construction loan will also involve more application documents, such as approved council plans. This is where James comes in - he will make sure that everything is in order to submit and inform you as your application progresses. He will also be by your side throughout the entire build for all your finance questions. If you’re thinking about building a home, talk to James today to learn more about what’s involved.