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Mortgage Broker Red Hill

Name: Mortgage Broker Brisbane - Hunter Galloway
Price range: $$$

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

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We promise to get back to you within 4 business hours

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%

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.

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 Red Hill

Overview

Red Hill, located just 3km northwest of Brisbane's CBD, is a charming inner-city suburb known for its hilly terrain and character-filled Queenslander homes. Developed in the late 19th century, it boasts a rich history and vibrant community atmosphere. The suburb's central hub is the Latrobe and Enoggera Terrace intersection, featuring local shops and cafes. Red Hill's leafy streets and elevated positions offer stunning city views. The area attracts a mix of young professionals, families, and long-term residents. Well-connected by bus routes and bikeways, it provides easy access to the city. The nearby Ithaca Creek and Victoria Park Golf Course contribute to its natural appeal, making it ideal for those seeking a balance of urban convenience and suburban tranquility.

Red Hill Demographics

Population

5,830

Median Age

33 years

Family Makeup

1,373

Weekly Rent

$430

Weekly Income

$2,367

Safety Score

Lower score indicates higher safety

Red Hill Property Market

Median House Price

$1,550,000

Median Unit Price

$865,000

Days on Market (Houses)

39 days

What are properties like in Red Hill?

Red Hill offers a diverse range of housing options, catering to various lifestyle preferences and needs. Houses dominate the suburb's landscape, making up 65.1% (1482 units) of the total dwellings, indicating a strong family-oriented community with ample space for larger households. Apartments comprise 27.3% (621 units) of the housing stock, providing options for young professionals, downsizers, or those seeking low-maintenance living. Townhouses represent 7.7% (175 units) of dwellings, offering a middle ground between houses and apartments. This mix of dwelling types creates a balanced neighborhood that can accommodate residents at different life stages, from first-time homebuyers to established families and retirees. The predominance of houses suggests Red Hill maintains a suburban feel while still offering higher-density options, potentially appealing to a wide range of residents and investors looking for varied property choices in a single suburb.

How many bedrooms in Red Hill properties?

Red Hill offers a diverse range of property sizes to suit various needs and lifestyles. Of the homes in this suburb, a substantial portion (36.9%) boasts 4 or more bedrooms, making it an excellent choice for larger families or those requiring more space. Close behind, with 33.3% of homes, are 3-bedroom properties, which appeal to average-sized families and individuals seeking a balance between space and manageability. For smaller families or couples, 2-bedroom homes make up 30.5% of the market, providing cozy and affordable options. Singles or those preferring more compact living will find suitable options among the 1-bedroom homes, which constitute 11.9% of the area. Additionally, there's a small segment (0.9%) of studio options, catering to solo residents or those desiring minimalist living spaces. This variety in bedroom numbers means Red Hill has a home for everyone—from singles and couples to growing families and multi-generational households. It offers flexibility for homebuyers to find a property that fits their current needs, with the possibility to upsize or downsize within the same community. The diverse range of homes also supports strong potential for property value growth, attracting a broad demographic spectrum. Whether you're a first-time buyer looking for a cozy apartment, or a family seeking a spacious home, Red Hill's mix of options makes it an appealing suburb for different stages of life and living preferences.

Living in Red Hill

Education

Red Hill offers a range of quality educational options. The suburb is home to Red Hill Special School, catering to students with disabilities. Nearby, Ithaca Creek State School in Bardon is a popular primary school known for its strong community involvement and environmental programs. For secondary education, Kelvin Grove State College, located in the adjacent suburb, is highly regarded for its academic excellence and performing arts programs. Several private schools are within easy reach, including Marist College Rosalie and St Joseph's College, Gregory Terrace. The Queensland University of Technology's Kelvin Grove campus is also nearby, providing tertiary education opportunities. Overall, Red Hill residents have access to a diverse and high-quality educational landscape.

Parks and Recreation

Red Hill boasts an array of green spaces and recreational facilities. The expansive Victoria Park offers walking trails, a popular playground, and a public golf course. Nearby, the Ithaca Creek Corridor provides a natural habitat for local wildlife and a scenic walking track. The Red Hill Community Sports Club is a hub for local sports enthusiasts, offering facilities for cricket, rugby, and soccer. The historic Paddington Skate Park is popular among skateboarders and BMX riders. Regular community events are held in local parks, fostering a strong sense of community. The suburb's hilly terrain also attracts fitness enthusiasts for jogging and cycling. Overall, Red Hill provides diverse recreational opportunities for residents of all ages and interests.

Shopping and Dining

Red Hill offers a blend of local charm and urban convenience in its shopping and dining scene. The suburb's main retail hub is centered around the intersection of Latrobe and Enoggera Terrace, featuring boutique shops, cafes, and essential services. The nearby Paddington precinct along Given and Latrobe Terraces offers an eclectic mix of antique stores, fashion boutiques, and homeware shops. Dining options in Red Hill range from casual cafes like The Red Hill Cafe to upscale restaurants such as Colle Rosso Ristorante Italiano. The suburb is known for its quality coffee shops and brunch spots. While major shopping centers are not present within Red Hill itself, nearby Kelvin Grove Urban Village and The Barracks in Petrie Terrace provide additional retail and dining options. The area's shopping and dining landscape caters well to local needs while maintaining a distinct neighborhood feel.

Transportation and Walkability

79/100 Red Hill is a fantastic choice for homebuyers who value convenience and accessibility. With a walkability score of 79 out of 100, most daily errands can be done on foot, making it easy to visit local shops, cafes, and parks. The main methods of commuting here are by car and public transport, with 1548 residents driving while 235 use public transport daily. Additionally, 167 residents prefer walking to work. This variety in commute options means residents can easily switch between driving, taking public transport, or walking, depending on their needs and preferences. For homebuyers, these flexible transport options contribute to a higher quality of life by allowing for reduced travel times and costs. Walking and public transport alternatives help lessen traffic congestion and promote a greener lifestyle. Moreover, areas with high walkability and excellent transport choices usually maintain strong property values, making Red Hill a smart investment. Whether you're a young professional, a family, or someone looking to downsize, Red Hill offers convenience and enduring appeal.

Our Mortgage Services in Red Hill

First Home Buyers

Navigating the Red Hill 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 Red Hill property? We can help you secure better rates and terms tailored to your current financial situation.

Investment Loans

With median house prices in Red Hill at $1,550,000, let our investment loan specialists help you structure your loan for maximum benefit.

Lenders on our panel

Questions and Answers About Red Hill Home Loans

What should I know about buying property in Red Hill?

When buying in Red Hill, it's important to understand the local property market trends. Currently, the median house price is $1,550,000 and median unit price is $865,000.

The area has a population of approximately 5,830 residents, and offers a range of amenities and lifestyle benefits. Working with a local mortgage broker who understands the Red Hill 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 Red Hill.

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 Red Hill?

A mortgage broker familiar with Red Hill 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 Red Hill.

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 Red Hill, 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).

Mortgage Broker Red Hill

Our reputation and achievements

Don't risk having your
home loan declined