Mortgage Broker Eastwood | Eastwood Home Loans

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Buying a home in Eastwood

The vibrant community and excellent amenities in Eastwood provide an enviable lifestyle for people from all walks of life. In Eastwood, you are spoiled for choice when it comes to dining! Boutique cafes, sushi, Vietnamese food, Chinese cuisine, and so many more are all plentiful in this area - your biggest dilemma will be choosing a favourite spot! There’s no need to sacrifice convenience for tranquillity when you live in Eastwood. Leafy streets, friendly neighbours, and a quiet atmosphere greet you one moment, and in the next, express trains are ready to take you into the CBD in a heartbeat.

If you’ve been considering buying a property in Eastwood, talk to Kin Chan today. The median house price in the area was $2,598,000 in 2024, while the median apartment price was $849,500.

Fixed vs variable home loans

When you select your home loan, you will have the choice between a fixed rate loan and a variable rate loan. Each loan has its upsides and pitfalls, and the right option will depend primarily on your own preferences.

Fixed rate loans

With a fixed rate, you are protected from any future rate rises for the fixed period. This means that you can predict your repayments and make a firm budget accordingly. However, this type of loan is often less flexible and has fewer features.

Variable rate loans

With a variable loan, your repayment amount may change - up or down - depending on rate fluctuations. You may also have access to more features, like redraw or an offset account.

Not sure which one is right for you? Talk to Kin, your Eastwood mortgage broker. He will be able to look at your financial situation and offer advice about the pros and cons of each type of loan.

Free home loan calculators

Try out our free calculators to unravel some of the mysteries of your loan. They’re simple to use and a great starting point on your property ownership journey.