Mortgage Broker Elizabeth Bay

Generally yes. At Elizabeth Bay's price point, most major lenders are competitive. The full range of standard loan products including high LVR lending are typically available for apartments of reasonable size. Where lender choice can narrow is with very small apartments (under 50sqm internally), company title properties (as distinct from strata title), serviced apartments, or student accommodation buildings. Heritage listing itself doesn't affect lender appetite, though the valuer will assess the property on its merits. We know the suburb's building stock well and will identify the right lender for the specific property you're buying.

Most lenders start at 80% LVR (requiring a 20% deposit) as standard, but many will lend up to 90% or 95% LVR with Lenders Mortgage Insurance (LMI) for eligible apartments in this price range. For qualifying professionals such as doctors, dentists, lawyers, accountants, engineers, vets, pharmacists, and nurses, an LMI waiver may allow borrowing above 80% without the LMI premium. We compare your options across lenders and identify the most efficient path given your deposit level, profession, and target property.

Not necessarily. Short-term growth figures in a market this size move around a lot, and one year of data says little about the long term. Look at the 5 and 10 year figures alongside it, and if you're weighing up a purchase we can talk through what's actually selling and for how much.

Yes, and this is your responsibility as the buyer, not something the lender handles for you. Before exchanging contracts, your solicitor or conveyancer will order a strata inspection report. For older art deco and inter-war buildings, which make up a significant part of Elizabeth Bay's housing stock, this report is particularly important. It will detail the sinking fund balance, current levies, any proposed special levies, building defects, maintenance history, and any ongoing disputes. These are all things that affect your decision to buy, and your solicitor should review them carefully before you exchange.

Lenders don't see the strata report. What they assess is the property type, floor size, and title. For standard residential strata apartments in Elizabeth Bay, the full range of lenders are typically available. Lender choice narrows for very small apartments (under 50sqm internally), company title, serviced apartments, or student accommodation. We'll assess the property type early so there are no surprises on the finance side.

We arrange pre-approval before the campaign starts so you can bid without a finance clause. Well-located apartments with views or heritage character attract competitive bidding, and once the hammer falls the contract is binding. We liaise with your conveyancer through to settlement.

Yes, and more realistically than in most of the inner east. Plenty of Elizabeth Bay units sell in a range where stamp duty concessions and government schemes come into play, and the caps change regularly, so checking what you're eligible for is the first thing we do. Start with our first home buyers page.

It's one of the more accessible investment markets in the inner east. Unit yields sit in the mid threes, vacancy is consistently low, and demand from CBD professionals doesn't let up. The main thing to get right is the building itself, and we know which lenders suit which stock. More on our investment loans page.

If you're comparing mortgage brokers in Elizabeth Bay, ask them about the buildings. Shane works across the inner east and knows the difference between the blocks that sail through valuation and the ones that don't. A bank can only offer you its own products. We compare more than 30 lenders and the service costs you nothing.

Our service is completely free to you. Lenders pay us a commission when your loan settles. There are no upfront costs, no hidden fees, and no obligation after an initial conversation.