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Mortgage Broker Taringa

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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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 Taringa

Overview

Taringa is a leafy, inner-western suburb of Brisbane, located about 5km from the CBD. Known for its charming Queenslander homes and tree-lined streets, Taringa offers a blend of suburban tranquility and urban convenience. The suburb has a rich history dating back to the 1860s and has evolved into a diverse community with a mix of families, professionals, and students. Taringa Railway Station provides excellent connectivity to the city and surrounding areas. The suburb boasts quality healthcare facilities, including the Wesley Hospital. With its proximity to the University of Queensland, Taringa attracts a significant student population, contributing to its vibrant atmosphere and making it suitable for various lifestyles.

Taringa Demographics

Population

8,731

Median Age

33 years

Family Makeup

2,156

Weekly Rent

$385

Weekly Income

$1,902

Safety Score

Lower score indicates higher safety

Taringa Property Market

Median House Price

$1,580,000

Median Unit Price

$633,000

Days on Market (Houses)

29 days

What are properties like in Taringa?

Taringa offers a diverse range of housing options to suit a variety of lifestyles and needs. According to the graph, apartments are the predominant dwelling type, making up 59.7% of the housing stock. This is ideal for young professionals, singles, and downsizers who prioritize low-maintenance living and proximity to amenities. Houses account for 26.7% of the dwellings, providing ample space for families or those seeking larger living areas and a yard. Townhouses represent 8.8% of the housing options, offering a middle ground between the spaciousness of a house and the convenience of an apartment. This mix of dwelling types makes Taringa appealing to a wide range of residents, from first-time buyers to growing families and retirees. The high proportion of apartments contributes to a vibrant, urban atmosphere, while the availability of houses and townhouses adds a suburban feel to certain areas. For potential homebuyers, this diversity allows flexibility in choosing a property that fits their personal needs and long-term goals. Additionally, the variety of housing options suggests promising potential for property value growth, as the area can attract a broad spectrum of residents. Overall, Taringa's diverse housing market appeals to various demographics, making it a welcoming and dynamic community for different stages of life.

How many bedrooms in Taringa properties?

Taringa offers a diverse range of property sizes to suit various needs and lifestyles. The largest portion of homes (42.2%) have 2 bedrooms, making it a popular choice for small families and couples. Homes with 3 bedrooms are also plentiful at 26.9%, ideal for growing families needing extra space. There are 4 or more bedroom properties making up 15.6%, which are perfect for larger families or those who love to entertain guests or need home office space. For singles or those who prefer a more compact living arrangement, 1-bedroom homes represent 7.4% of the market. The suburb also has a small percentage of studio options, accounting for only 0.2%. This mix of bedroom numbers accommodates a wide array of residents, from individuals to multi-generational households. For homebuyers, this range of options means finding a home that fits their current lifestyle and offers potential room for growth. Additionally, the diverse home sizes suggest Taringa is a welcoming community for various demographics, enhancing its appeal and potential investment value. Whether you're seeking a spacious family home or a cozy apartment, Taringa has something to offer everyone.

Living in Taringa

Education

Taringa offers a range of educational opportunities for residents. While there are no primary or secondary schools within the suburb itself, several well-regarded schools are located in neighboring areas. These include Indooroopilly State School, Indooroopilly State High School, and St Peters Lutheran College. The suburb's proximity to the University of Queensland in St Lucia is a significant advantage for tertiary students. Additionally, Taringa is within easy reach of other higher education institutions such as Queensland University of Technology and TAFE Queensland. The area's educational landscape benefits from its location, providing access to quality schooling options at all levels.

Parks and Recreation

Taringa features several green spaces and recreational facilities for residents to enjoy. Perrin Park is a popular local spot, offering a playground, picnic areas, and open spaces for outdoor activities. The nearby Jack Speare Park provides additional recreational opportunities. For sports enthusiasts, the Taringa Rovers Soccer Club offers facilities for soccer and social events. The suburb's proximity to the Brisbane River allows for pleasant walks and cycling along the riverbank. Indooroopilly Golf Club, just outside Taringa, provides golfing facilities for those interested. Overall, while not abundant in large parks, Taringa offers sufficient recreational spaces for a suburban area, complemented by facilities in neighboring suburbs.

Shopping and Dining

Taringa's shopping and dining scene is modest but convenient, with a mix of local businesses and easy access to larger retail hubs. The suburb has a small shopping strip along Moggill Road, offering basic amenities and services. For more extensive shopping, residents can easily reach the nearby Indooroopilly Shopping Centre, one of Brisbane's largest malls. Taringa's dining options include a selection of cafes, takeaways, and restaurants, particularly along Moggill Road and Swann Road. Popular eateries include Comfort at My Table and Fifty One West. The suburb's proximity to Toowong and Indooroopilly expands dining choices significantly. While not a major retail or dining destination itself, Taringa's location ensures residents have ample options within a short distance.

Transportation and Walkability

74/100 Taringa is an appealing suburb for homebuyers who value convenience and flexibility in their daily commute. With a walkability score of 74, it is quite easy to run errands or enjoy local amenities on foot. The methods of commuting in Taringa show a balanced mix, with the majority of residents, 2008 to be exact, opting to drive, while 301 residents use public transport, and 65 choose to walk to work. This variety is excellent because it gives residents the freedom to pick the best mode of transport for their needs, whether it's walking, driving, or using public transit. For different lifestyles, these options are particularly beneficial. Professionals might appreciate the quick drive to work, while those concerned with eco-friendly commuting or who prefer to avoid traffic may find the public transit system adequate. Additionally, the capability to walk within the suburb enhances the local quality of life by promoting a healthy lifestyle and fostering a strong sense of community. Potential homebuyers will likely find that the high walkability and robust transport options contribute positively to their quality of life. Moreover, areas with good transport connectivity and high walkability tend to maintain strong property values over time, making Taringa an attractive and sensible investment.

Our Mortgage Services in Taringa

First Home Buyers

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

Investment Loans

With median house prices in Taringa at $1,580,000, let our investment loan specialists help you structure your loan for maximum benefit.

Lenders on our panel

Questions and Answers About Taringa Home Loans

What should I know about buying property in Taringa?

When buying in Taringa, it's important to understand the local property market trends. Currently, the median house price is $1,580,000 and median unit price is $633,000.

The area has a population of approximately 8,731 residents, and offers a range of amenities and lifestyle benefits. Working with a local mortgage broker who understands the Taringa 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 Taringa.

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 Taringa?

A mortgage broker familiar with Taringa 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 Taringa.

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 Taringa, 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 Taringa

Our reputation and achievements

Don't risk having your
home loan declined