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Southside Mortgage Brokers – Queensland

Posted September 7th, 2010 and last modified December 15th, 2010

There are sixty suburbs south of Brisbane city that make up the region known as Southside. Most of these suburbs are in the post code area of 4100 but 24 have 4000 post codes. They include some of the most desirable places in the greater Brisbane area to live being so close to the city centre itself yet separated from the main hustle and bustle by the Brisbane River.

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Many of these Southside locations have mortgage brokers operating in their immediate area, some do not, but as there are 20,000 mortgage brokers scattered throughout the nation, it will not be too hard a task to locate one close to where you either live or work. Mortgage brokers, of course, will make the daunting and confusing task of locating the right home loan for your particular circumstances much easier.

Some of the closer in suburbs that make up Southside include the following:

  • Archerfield. This Southside suburb is only 11 kilometres out from the Brisbane CBD. It is an eight minute drive from the city, or if you prefer to walk it will take you a little longer than 2 hours. It is an area that contains much family accommodation with the average home bringing in about $195 a week in rent. This represents about 18 percent of the average weekly earning in the suburb making it quite affordable.
  • Brisbane Market. A Southside suburb about 8 kilometres from the centre of Brisbane which equates to a six minute drive or an hour and a half walk. Rent is a little higher here at $200 a week but for the average household income in the area it represents about 17 percent of their income.
  • Larapinta. Nineteen kilometres from the Brisbane CBD, meaning in walking terminology, 228 minutes. If you prefer to drive however it will only take you about 14 minutes. Housing rent is quite low in Larapinta probably representing its greater distance out from Brisbane proper. This is good for families as the average is around $190 a week. However as the average income here is a little lower than those living closer into the city it represents around 20 percent of their household income.
  • Holland Park. Another Southside location just 7 kilometres from the CBD of Brisbane is within a fitness walking distance of less than an hour and a half or a five minute drive across the bridge. The median house price in Holland Park is $485,000 and a unit $345,000. People pay an average of $225 a week in rent in Holland Park West, which for the average family living in the area equates to about 15 percent of their income.
  • Robertson. This location, 11 kilometres from the city, has a median house price of $537,500. It is a good two to two and a half hours walk from the CBD but only 8 minutes by car. The average rent being paid by tenants living in Robertson is $250 a week. An amount representing 21 percent of their average family income after tax.

The best way to purchase an investment property or to buy a home of your own in any of the Southside suburbs of Brisbane is to engage the services of mortgage brokers. They are best positioned to save you both time and money when looking for the best value home loan. By enlisting the services of such professionals you could save yourself thousands of dollars over the life of the loan and at the same time remove much of the stress involved with buying or refinancing.

Mortgage brokers do more than just choose the most applicable home loan to suit your particular circumstances. They also assist you throughout the whole application process, right through to when settlement occurs.

Mortgage brokers will carry out all the tedious work of getting you the most competitive deal available at the best interest rate. This will save you much of your own time as when you deal with just the one lender you limit you chances of finding the best home loan available. Mortgage brokers work with a panel of lenders, all with competitive products and countless options available.

They will then assist you with the entire application process from approval right through to the final settlement when you are handed the keys of your new property. During the whole process they will act as your advocate with any dealings found necessary to be carried out with your lender or property vendor or their solicitor on any matters pertaining to your loan.

As the years go by it is natural to expect some changes to take place in your personal and financial situation. When this happens you will need your mortgage to be as flexible as possible. You may find hardship if interest rates were to increase over a certain level, either you or you partner may lose your job, you might wish to start a family, you may get injured or sick and may require relief from mortgage repayments for a period. Good mortgage brokers will have taken all these contingencies into consideration and framed your home loan accordingly.


Related posts:

  1. Best Brisbane Suburbs for Property Investment
  2. Best Melbourne Suburbs for Property Investment
  3. Mortgage Brokers in Brisbane 4000 – Queensland
  4. South Mortgage Brokers – Queensland
  5. Woodridge Is Now The Most Affordable Suburb In Australia
  6. Profitable Investment Properties in Canberra
  7. Real Estate in Queensland
  8. Top Investment Property Suburbs in Perth
  9. Adelaide Residential Property Market
  10. Top Darwin Investment Property Suburbs

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