The demand for property in Melbourne’s Northcote and surrounding suburbs has prompted Australia’s leading mortgage broker, Aussie Home Loans, to boost its presence by opening a new store in the Northcote Central Shopping Centre.
Aussie Northcote opens its doors mid-June; attracted to the newly minted million dollar suburb amid its fast price growth, popularity and high demand.
Owned by Callum Kerr and Lachie Pitman, who also owns the Greensborough store, Lachie and loan writer Maria Tsoukatos are returning to their old stomping grounds in Northcote. Lachie was previously Manager at both Northcote and Thornbury National Australia Bank branches and was ably supported by Maria who spent over 20 years with the Bank.
Mr Pitman said “I believe the Reserve Bank’s decisions to cut the official cash rate by 50 basis points this year will further boost growth in the booming inner and middle north suburbs by encouraging more buyers into the market.
“Northcote is particularly popular due to its close proximity to the CBD. Our cafe culture and good public transport access is attracting an influx of buyers and we want to be here to provide a great home loan service through our wide choice of lenders to these buyers, just like we’ve been doing in Greensborough.”
Mr Kerr said “Prices in Northcote are growing at fever pitch. The inner suburb of Northcote reached million-dollar price median in the December quarter, according to recent data by the Real Estate Institute of Victoria (REIV). In 2013 houses prices increased 6.6% and in 2014 they increased by 17.2%; these are really big figures.”
“Our doors open in just a couple of weeks, and we invite everyone to pop in and say hello, and find out how we can help you get the right home loan for your needs, whether you’re a first time buyer or looking to refinance your home loan to a better deal.”
Aussie Northcote will offer a variety of home finance options to suit every kind of borrower, including a huge selection of competitively priced home loans from up to 19 lenders, insurance products and personal loans, as well as advice for customers about how to potentially save thousands of dollars and years off their mortgages.
Customers can see Aussie Northcote’s expert mortgage advisers during the store’s opening hours of 10:00am to 6:00pm Monday to Friday and on Saturdays from 10am to 3pm or after hours by appointment. They can be contacted on 9480 4800.