Mark recently helped a Keperra couple get ready for their first investment property. To achieve this, he refinanced their existing mortgage and arranged an cash out to provide a deposit towards their new property. This was achievable by using equity in their own home. With a sizeable cash contribution and a preapproval in place, they have now have the confidence to enter the market with a set budget in mind.
Now, while we are on the subject ot Keperra….
Keperra is just 14km from the Brisbane CBD. It has great appeal to families, featuring extensive parklands and convenient shopping including Woolworths, Aldi and Bunnings and its just a suburb away from Brookside Shopping Centre.Commuters will love the easy rail access to the city and, being on the north side of Brisbane, you can be in the paradise of Bribie every weekend with a minimum of effort. Keperra is also alongside the Australian Army’s Gallipoli barracks, meaning there will always be strong demand for rental property in the area, and your tenants will potentially be Australia’s finest!
This all stacks up to make Keperra a hotspot for consideration when investing. This is reflected by rising median house prices (currently $950,000) and rising median rental income (currently $635 a week).
If Keperra is on your property radar, make sure Mark at Bribie Island is on your radar. With extensive experience in property investment finance and firsthand knowledge of the market, Mark is truly your go to mortgage broker for north Brisbane.
We are based on the beautiful Queensland coast, between the Sunshine Coast & Brisbane and we offer a complimentary home loan broking service.
Make an appointment today for an obligation-free chat, to talk about what you need and how we can help.
*This article is general information only and does not constitute financial advice. Your personal circumstances will need to be assessed before any product or proposal is recommended. Mark Hind is an Authorised Credit Representative (ACR 519951) of Outsource Finance Pty Ltd, Australian Credit Licence 384324.
You've seen the ads a big, bold interest rate that looks incredibly competitive. But there's another number sitting quietly beside it that tells a very different story.
The RBA has lifted the cash rate to 4.35%, and most lenders are expected to pass it on. If you've got a mortgage in the Moreton Bay region, your repayments are likely going up.
When the Reserve Bank of Australia raises the cash rate, it can directly affect home loan interest rates and mortgage repayments.
Whether you're just starting to explore your options or ready to move Mark and the team are here to help. Get in touch for a no-obligation chat and find out what's possible for your situation.
