Mortgage Brokers Mount Gambier | Home loans Mount Gambier

Start your home loan journey today

Buying a home in Mount Gambier?

You’ll never have a desire for more entertainment in Mount Gambier! With plenty of restaurants, shops, and attractions to keep you busy, this close-knit community offers a regional feel just a short trip from Melbourne and Adelaide.

Named for the dormant volcano on which the township is built, Mount Gambier is a nature lover's paradise. Explore the famous Blue Lake, discover the lush Umpherston Sinkhole, and snorkel the serene waters of the Piccaninnie Ponds just a stone’s throw from your door.

Mount Gambier property market

Currently, Mount Gambier has 89 properties available for rent and 125 properties for sale. Median property prices over the last year range from $379,500 for houses to $243,500 for units. If you are looking for an investment property, consider houses in Mount Gambier rent out for $355 PW with an annual rental yield of 5.4% and units rent for $270 PW with a rental yield of 5.8%. Based on five years of sales, Mount Gambier has seen a compound growth rate of 26.5% for houses and 18.8% for units.

If you’re looking at purchasing a property in Mount Gambier, get in touch with Steve today.

Contact Steve today!

Mount Gambier mortgage broker

If you’re looking at purchasing a home soon, you may be struggling to understand just how far your budget can extend. You might’ve found your dream home, but how do you know if you can afford it? Having your loan pre-approved can aid you in negotiating and making an offer confidently, knowing exactly how much you can spend.

Pre-approval can help you to:

Narrow down your choices with a set budget
Appear as a more attractive buyer by showing that you are serious
Have a maximum bid in mind at auctions
Move quickly through the financing process once you find a property

Pre-approval is not a guarantee of a home loan, and changes in your circumstances can affect the success of your application. If you’re interested in having your loan pre-approved, book an obligation-free appointment or give Steve a call to discuss your options.

How much can you borrow?

To get an idea of how much you might be able to borrow and how long it will take to reach your savings goal, try out our useful online calculators here.

Handy borrowing calculators