Mortgage Broker & Home loans in Torrens Park

 

Buying a house in Torrens Park?

Torrens Park is a small, beautiful, leafy area, with many parks and reserves located in the foothills of Adelaide. The area is well serviced by public transport, with buses and trains running regularly.

There are a number of schools in the area, including some of the top private schools in the city. The public transport links make it easy to get around, and the shopping centre provides a range of stores and services. All in all, Torrens Park is a great place to live.

 

Whats happening in the Torrens Park property market?

Over the 2023/2024 period the average price for houses was $1,332,500. When looking at a house as an investment property, rent averages to $620 per week with an annual rental yield of 3.0%. 

When looking at units, the average price for 2023/2024 was $450,000. If looking to purchase a unit as an investment property, the average rent was $400 per week, with an annual yield of 5.0%. 

There has been an annual compound growth in Torrens Park which saw a 5.2% growth for houses and a 2.9% growth for units. 

Contact Nicolle Steinert at Mortgage Choice, servicing Torrens Park, to discuss your borrowing options and guide you through the home loan process. 

My promise to you 

Being your Mortgage Choice broker servicing Torrens Park, I am committed to ensuring you truly have the best interest rate available on the market! My promise to my clients is:

• I will do the legwork. You can save hours of research and paperwork by getting me to help!
• I can help you access market-leading rates from over 30 lenders.
• In most cases, my home loan service is at no cost to you!

Start your home loan journey today

• I want to buy a home

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• I want to buy an investment

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• I'm considering refinancing

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What is your Borrowing power in Torrens Park

 When you're ready to purchase your property in Torrens Park, 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.

 

Contact Nicolle Call: 0411 154 185  to arrange a no-obligation meeting and discuss your home loan options.