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Mortgage Broker Albion

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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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 Albion

Overview

Albion is an inner-city suburb located 5km northeast of Brisbane's CBD. Known for its blend of residential and industrial areas, Albion has a rich history dating back to the 1860s. The suburb is characterized by its mix of heritage Queenslanders and modern developments. Notable landmarks include the Albion Park Raceway and the Breakfast Creek Hotel. The area boasts leafy streets and is situated near the Brisbane River. Albion attracts a diverse population, including young professionals and families. It offers excellent public transport connections via train and bus, with easy access to major roads. The suburb features quality healthcare facilities and is well-suited for those seeking a balance between urban living and suburban charm.

Looking to buy a home in Albion?

Find out if you're eligible for a loan

Albion Demographics

Population

3,482

Median Age

33 years

Family Makeup

820

Weekly Rent

$410

Weekly Income

$1,972

Safety Score

23

Lower score indicates higher safety

Albion Property Market

Median House Price

$1,285,000

Median Unit Price

$600,000

Days on Market (Houses)

60 days

What are properties like in Albion?

Albion presents a variety of housing choices to meet diverse needs and preferences. The majority of dwellings in Albion are houses, accounting for 70.3% of the housing stock. This makes the suburb highly suitable for families and individuals seeking spacious living environments. Apartments make up 21% of properties, providing great options for young professionals, singles, and downsizers looking for low-maintenance living. Townhouses, representing 8.2% of dwellings, offer an ideal balance for those preferring more space than an apartment but less upkeep than a house. The mix of housing types enhances Albion’s dynamic and inclusive community vibe. This variety ensures potential homebuyers can find a property that matches their lifestyle and budget, whether they prioritize open space, convenient living, or a blend of both. Additionally, this diversity in housing supports steady demand across different buyer segments, making Albion an appealing choice for investors. With its blend of spacious houses, convenient apartments, and versatile townhouses, Albion is a suburb that appeals to a broad spectrum of residents, ensuring a vibrant and adaptable community.

How many bedrooms in Albion properties?

Albion offers a diverse range of property sizes to suit various needs and lifestyles. The majority of homes (43.3%) in Albion have 2 bedrooms, making them well-suited for couples or small families. About 21.4% of properties feature 3 bedrooms, offering a comfortable space for growing families. For larger households or those desiring extra room, 18.8% of homes provide 4 or more bedrooms. Singles or those preferring more compact living can choose from the 20.5% of 1-bedroom homes. Additionally, there is a small selection (1.4%) of studio apartments, ideal for minimalists or young professionals. The range of bedroom options in Albion means that the suburb can meet the needs of a wide spectrum of residents, from young singles and couples starting out, to established families and multi-generational households. This variety contributes to Albion's versatility and broad appeal. For potential homebuyers, the diverse property sizes offer flexibility to find a home that fits their current lifestyle, with the possibility of growth and change over time. This diversity also suggests strong investment potential, as the area can attract a wide range of renters or future buyers. Overall, Albion's mix of housing options enhances its attractiveness to different demographics, making it a vibrant and inclusive community.

Looking to invest in Albion?

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Living in Albion

Education

Albion provides a range of educational options for residents. While there are no schools within Albion itself, several quality institutions are located in neighboring suburbs. Nearby primary schools include Windsor State School and Wooloowin State School, both known for their strong community engagement. For secondary education, Kedron State High School and Kelvin Grove State College are popular choices. St Margaret's Anglican Girls School, a prestigious private school, is situated in the adjacent suburb of Ascot. The Queensland University of Technology's Kelvin Grove campus is easily accessible, offering tertiary education opportunities. Overall, Albion's proximity to various educational institutions makes it an attractive location for families and students.

Parks and Recreation

Albion offers several green spaces and recreational facilities for residents to enjoy. Crosby Park is a popular spot featuring sports fields, a playground, and picnic areas. The nearby Breakfast Creek provides scenic walking and cycling paths. The Albion Park Raceway hosts regular harness racing events and serves as a significant recreational hub. For fitness enthusiasts, the Albion Park Bowls Club and local gyms offer various sporting activities. The suburb's proximity to the Brisbane River also allows for water-based recreation. Community events are often held in local parks, fostering a strong sense of neighborhood connection. Overall, Albion provides a good balance of outdoor spaces and recreational opportunities for residents of all ages.

Shopping and Dining

Albion's shopping and dining scene is diverse and constantly evolving. The suburb features a mix of local stores and larger retail outlets, with the nearby Toombul Shopping Centre offering a comprehensive shopping experience. Sandgate Road hosts a variety of specialty shops and services. Dining options in Albion are plentiful, ranging from casual cafes to upscale restaurants. The iconic Breakfast Creek Hotel is renowned for its steaks and historical ambiance. Craft breweries and trendy eateries have emerged in recent years, particularly in repurposed industrial spaces. The nearby Racecourse Road in Ascot provides additional dining choices. While not a major retail hub, Albion offers convenient shopping and a vibrant food scene that caters to various tastes and budgets.

Transportation and Walkability

69/100 Albion is a wonderful place for homebuyers who value flexibility in their commuting options. With a walkability score of 69, you can accomplish many daily tasks on foot, enhancing your connection to the local community and contributing to a healthier lifestyle. The main methods of commuting in Albion are by car and public transportation, offering great flexibility. Most residents drive to work (1,090 people), but a significant number (238 people) opt for public transport, while some prefer walking (84 people). This variety means that whether you're commuting to the city, running errands nearby, or visiting friends and family, you have convenient choices. For potential homebuyers, these commuting options contribute greatly to quality of life. Good walkability and a mix of transport options can make everyday living easier and more enjoyable. Areas with these features often maintain strong property values, appealing to diverse lifestyles, including young professionals, families, and retirees. So, if you're considering Albion, you're looking at a suburb that supports a balanced and convenient way of living.

Our Mortgage Services in Albion

First Home Buyers

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

Investment Loans

With median house prices in Albion at $1,285,000, 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 Albion Home Loans

What should I know about buying property in Albion?

When buying in Albion, it's important to understand the local property market trends. Currently, the median house price is $1,285,000 and median unit price is $600,000.

The area has a population of approximately 3,482 residents, and offers a range of amenities and lifestyle benefits. Working with a local mortgage broker who understands the Albion 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 Albion.

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 Albion?

A mortgage broker familiar with Albion 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 Albion.

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 Albion, 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).

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

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