Mortgage Broker Bendigo

Bendigo is a city in Victoria, located in the Bendigo Valley near the geographical centre of the state and approximately 150 kilometres north-west of Melbourne. Bendigo has a population of roughly 105,000 making it Australia's 19th-largest city by population, fourth-largest inland city in Australia and the fourth-most populous city in Victoria.

 

Buying a property in Bendigo? We can help secure you the right finance

The Median house sale price range is $1,028,000 with a 30% increase in the last 4 years (March 2020-March 2024), the corresponding previous 4 years showed a 37% rise. GISBORNE now ranks on a list of fastest growing suburbs in the territory.

Because of this real estate investors could earn a rental income of $600 based on current median home prices.

With the median unit price in GISBORNE sitting at $550,000, and the average rent at $450, property owners could potentially earn a 4.25% increase in gross rental yield.

Property investors have seen a 6.8% gain in GISBORNE based on an increase in median unit prices for the past three months.

*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)

 

Talk to Nathan Newlan, your local Mortgage Choice Broker. Let us research and compare more than 30 lenders for you.

 

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The right home loan for your needs

Our mission is to find the right home loan for your individual needs and always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation.

 

Contact Nathan Newlan and the team at Mortgage Choice on 03 5441 3600 or email nathan.newlan@mortgagechoice.com.au