Menu
1300 088 065
Get a Free Assessment

Find out your chances of getting a loan

Mortgage Broker Algester

Improve your chances of getting a loan with an award winning mortgage broker.
We have one of the highest loan approval rates in the country.

  • Market-leading

    Approximately 40% of home loan applications were rejected in December 2018 based on a survey of 52,000 households completed by DigitalFinance Analytics DFA. In 2017 to 2018 Hunter Galloway submitted 342 home loan applications and had 8 applications rejected, giving a 2.33% rejection rate.

    loan approval rate in Australia of 97%
  • Variety of options due to direct access to 30+ Australian banks & lenders
  • #1 rated

    The highest rated and most reviewed Mortgage Broker in Brisbane: 5-star rating based on 1600+ reviews on Google

    Mortgage Broker in Brisbane
Get a Free Assessment

We promise to get back to you within 4 business hours

mobile_img

Improve your chances of getting a loan with an award winning mortgage broker. We have one of the highest loan approval rates in the country

Get a Free Assessment

We promise to get back to you within 4 business hours

Our reputation and achievements

Market average rejection rate is 40%, our rejection rate is 3%
Approximately 40% of home loan applications were rejected in December 2018 based on a survey of 52,000 households completed by 'DigitalFinance Analytics DFA'. In 2017 to 2018 Hunter Galloway submitted 342 home loan applications and had 8 applications rejected, giving a 2.33% rejection rate.
2024 Mortgage Broker of the Year

Don't risk having your
home loan declined

Did you know that over
40%
Approximately 40% of home loan applications were rejected in December 2018 based on a survey of 52,000 households completed by 'DigitalFinance Analytics DFA'. In 2017 to 2018 Hunter Galloway submitted 342 home loan applications and had 8 applications rejected, giving a 2.33% rejection rate.
of home loan applications that get submitted
never make it to settlement? Don't take that risk.

  • We know the banks inside out

    Our brokers have over 35 years of combined experience in the finance industry, including decades of banking experience, and have processed thousands of home loan applications.

    We have a wide range of lenders on our panel and we intimately understand their credit policies. This means we know the problems you may face on your loan application and how to mitigate them when applying with any specific bank or lender.

  • Reducing risk of rejection

    Unlike other brokers, Hunter Galloway completes our own internal credit assessment process before applying with any lender.

    Your application will be assigned its own Credit Manager who reviews each application thoroughly before it is submitted to the lenders, meaning we won't apply with a lender who won't approve your loan.

manager
2024 Mortgage Broker of the Year
Why Choose Hunter Galloway As
Your Mortgage Broker?
One of the lowest rejection rates
Across Mortgage Brokers in Australia
The highest rated and most reviewed
Mortgage Broker in Brisbane on Google
We have direct access to 30+ banks and lenders
Across Australia

About Algester

Overview

Algester is a residential suburb located 18km south of Brisbane's CBD. Developed in the 1970s, it offers a family-friendly atmosphere with tree-lined streets and well-maintained homes. The suburb is characterized by its mix of older and newer housing, parks, and local amenities. Algester attracts a diverse demographic, including families, professionals, and retirees. The area is well-connected to the city via public transport and major roads. Algester Shopping Village serves as a central hub for the community. With its proximity to Sunnybank and other southern suburbs, residents enjoy access to various cultural experiences and facilities. The suburb boasts good local infrastructure, including medical centers and community services.

Looking to buy a home in Algester?

Find out if you're eligible for a loan

Algester Demographics

Population

9,016

Median Age

36 years

Family Makeup

2,382

Weekly Rent

$395

Weekly Income

$1,716

Safety Score

10

Lower score indicates higher safety

Algester Property Market

Median House Price

$904,500

Median Unit Price

$628,000

Days on Market (Houses)

22 days

What are properties like in Algester?

Algester offers a wide variety of housing options that can meet the needs of different residents. The majority of homes in the suburb are houses, making up 80.4% of the dwellings. This is ideal for families or those who enjoy having extra space and a garden. Townhouses account for 16.2% of the housing, providing a good balance between space and low-maintenance living, suitable for young professionals, small families, or retirees. Apartments make up 1.4% of the housing market, which can be perfect for singles, couples, or those looking for a more compact living option. This diverse mix of dwelling types in Algester enriches the community by catering to a wide range of lifestyles and housing needs. For homebuyers, this variety ensures flexibility, allowing them to choose a property that fits their specific circumstances and preferences. This also implies good potential for property investment, as the area attracts different demographics, contributing to a stable and dynamic property market. Whether you're looking for a spacious house, a practical townhouse, or a convenient apartment, Algester provides attractive options for various stages of life. The suburb's appeal lies in its ability to accommodate diverse lifestyles and needs, making it a welcoming community for all demographics.

How many bedrooms in Algester properties?

Algester offers a diverse range of property sizes to suit various needs and lifestyles. The majority of homes (45.4%) boast 4 or more bedrooms, closely followed by 3-bedroom properties at 40.6%. This makes Algester particularly attractive for families or individuals looking for additional space. Couples or smaller families will find 2-bedroom properties making up 10% of the market. There are also options for singles or those who prefer smaller living spaces, with around 4.1% of homes providing 1 bedroom, and a small percentage (0.3%) offering studios. This varied mix of bedroom numbers caters to a wide array of residents, from singles and couples to growing families and even multi-generational households. For potential homebuyers, this variety offers the flexibility to choose a property that suits their current lifestyle, with the possibility to upgrade as their needs change. Additionally, the broad range of housing options suggests strong potential for property value retention, as the suburb appeals to a diverse demographic. Overall, Algester's housing diversity makes it an appealing choice for different types of homebuyers, whether you're starting out, growing, or seeking a space that accommodates a larger family.

Looking to invest in Algester?

Check if you qualify for a loan

Living in Algester

Education

Algester offers a range of educational options for families. Algester State School and St Stephen's Catholic Primary School are the main primary schools, both known for their strong community involvement and academic programs. For secondary education, students typically attend nearby schools such as Calamvale Community College or Sunnybank State High School. The suburb is within reach of several private schools in neighboring areas. Griffith University's Nathan campus and TAFE Queensland's Mt Gravatt campus are accessible for tertiary education. Overall, Algester provides a solid foundation for education from primary through to tertiary levels, with a good mix of public and private options in the vicinity.

Parks and Recreation

Algester boasts numerous green spaces and recreational facilities, catering to outdoor enthusiasts and families. Ridgewood Park is a standout, featuring playgrounds, picnic areas, and walking trails. The Les Atkinson Park offers sports fields and a skate park, popular among local youth. Algester Sports Club provides facilities for various activities, including cricket and soccer. The suburb hosts community events in its parks throughout the year, fostering a strong neighborhood spirit. With its abundance of open spaces and well-maintained facilities, Algester offers excellent opportunities for outdoor recreation and community engagement, contributing to a healthy and active lifestyle for residents.

Shopping and Dining

Algester's shopping and dining scene is centered around the Algester Shopping Village, which houses a supermarket, pharmacy, and various specialty stores. The suburb offers a mix of local cafes, takeaways, and family-friendly restaurants, catering to diverse tastes. For more extensive shopping options, residents can easily access nearby Sunnybank Plaza or Calamvale Central. The area's multicultural influence is reflected in its dining options, with Asian cuisines particularly well-represented. While Algester itself has limited high-end dining, its proximity to Sunnybank's vibrant food scene provides residents with a wide array of culinary choices. Overall, the suburb offers convenient local shopping and casual dining, with easy access to more diverse options in neighboring areas.

Transportation and Walkability

45/100 Algester is a welcoming suburb ideal for homebuyers who prioritize convenience and flexible commuting options. With a walkability score of 45, Algester may not be the easiest place to tackle all chores on foot, but it still provides opportunities for enjoyable strolls within the neighborhood. Most residents prefer using cars, with a significant number using public transport as well. This combination of commuting methods ensures flexibility: whether driving to work, taking a bus, or occasionally walking. For those who commute, the availability of both car and public transport options can significantly enhance daily life. This variety supports diverse lifestyles, from busy professionals to families needing reliable transport for school runs and activities. Knowing that you can choose the most convenient way to travel each day adds a layer of comfort and efficiency. Homebuyers should consider how these transport options contribute to the overall quality of life in Algester. Although the walkability score suggests a more vehicle-dependent lifestyle, the robust public transport network offers alternative travel choices. Areas with strong transport links often maintain property values well, making Algester a sound investment for future homeowners.

Our Mortgage Services in Algester

First Home Buyers

Navigating the Algester property market as a first-time buyer can be challenging. Our brokers provide personalized guidance to help you find the right loan and maximize your borrowing capacity.

Refinancing

Looking to refinance your Algester property? We can help you secure better rates and terms tailored to your current financial situation.

Investment Loans

With median house prices in Algester at $904,500, let our investment loan specialists help you structure your loan for maximum benefit.

Lenders on our panel

  • Westpac Bank
  • ANZ Bank
  • NAB
  • AMP
  • Adelaide Bank
  • FirstMac
  • Commonwealth Bank (CBA)
  • St George Mortgage Brokers
  • ING Direct
  • Home Loans

Questions and Answers About Algester Home Loans

What should I know about buying property in Algester?

When buying in Algester, it's important to understand the local property market trends. Currently, the median house price is $904,500 and median unit price is $628,000.

The area has a population of approximately 9,016 residents, and offers a range of amenities and lifestyle benefits. Working with a local mortgage broker who understands the Algester market can help you navigate the buying process more effectively.

Are you able to do virtual meetings?

Yes, our mortgage brokers can 'face to face' meet you using Zoom Meeting or Google Hangouts, whichever is your preference. In our online meeting, we'll be able to go through your requirements and walk you through the home buying process in Algester.

Our mortgage brokers are working and are available during the coronavirus outbreak, so if you need any assistance with a home loan get in touch today.

What is a mortgage broker?

A mortgage broker is a consultant that can help you with finding a home loan, or mortgage usually from their panel of lenders. Once the right home loan has been selected, the mortgage broker will help you manage the home loan process, from initially signing the paperwork all the way until settlement.

How can a mortgage broker help me buy in Algester?

A mortgage broker familiar with Algester can provide valuable insights about the local property market and help you secure the best possible financing. They will work with you to understand your budget and goals, then connect you with lenders offering competitive rates and terms suited to your specific situation.

At Hunter Galloway, we have access to over 30 different banks and lenders, giving you a wide range of home loan options to ensure we have a lender that can fit in with what you need when buying in Algester.

Is it good to go through a mortgage broker?

Applying for your home loan through a mortgage broker gives you many advantages and there are no down sides.

We will give your application more care and attention than going direct, and we can offer you the best loan product across over thirty different lenders.

And if your loan application is complicated for any reason, we have the in depth knowledge and expertise required to correctly assess your situation and find you the right loan.

How much do mortgage brokers get paid in Australia?

Mortgage brokers in Australia get paid commissions from the banks. There is no cost to you as the client.

We do the same work the branch manager would do in putting together your application, so the lenders pay us for that service. The difference is that we are invested in your loan application - we don't get paid otherwise - so we will work very hard for it to get approved, as well as provide incredible service.

How long should a mortgage application take?

The length of a mortgage application depends on various factors, including the complexity of your application and the lender you're using. Simple applications with responsive lenders can be very quick, while more complex cases may take longer.

For property purchases in Algester, it's common for us to have finance approved within 14 days, or 2 weeks - sometimes less if you have tight finance timeframes.

We will give you an estimate of the expected timeframe for your application when we submit it to lenders, and keep you updated every step of the way. As a general guide, most applications are settled within a month (and many are settled much quicker).

Ready to get started with your Algester home loan?

Get A Free Assessment
  • 60%
    average loan Approval Rate
  • 97%
    our loan Approval rate
  • 2,000+
    5 star Reviews on google

We can find you the perfect home loan solution

Request a Call

or video call

Get a Free Assessment