Home loans in Holland Park.

A dual-income family buying a post-war home on a large block. Indicative purchase price $1,600,000 with a 20% deposit, owner-occupier. Figures are illustrative only and subject to confirmation of income, valuation, and lender policy at the time of submission.

Lender shortlist: Best of panel: a major bank for bridging or construction plus a second-tier lender

At 80% LVR no LMI applies and servicing is comfortable, so the defining feature of a Holland Park file is what the buyer is actually buying: an original post-war home on a big block, priced below the renovated Camp Hill and Coorparoo stock these upgraders were outbid on. That gap is the strategy — purchase at land-plus-tired-dwelling value, then add value over time via extension or knock-down-rebuild — and it shapes how we set the loan up, leaving headroom for a later construction or progress-draw facility against the lift in the block rather than funding a finished renovation now. Indicative repayment of about $7,757 per month assumes a 6.1% variable P&I rate over 30 years on the $1.28M loan, before any drawn build. Because the value sits in the land, the as-is valuation is rarely the sticking point, so a major bank that prices the loan keenly and holds a clean cost-plus build policy for the future works typically leads; a second-tier lender is the fallback only if a heavily-altered comparable drags the as-is figure. Stamp duty is shown at the QLD owner-occupier rate; LMI is nil at this LVR.

Indicative only. General information — not personal credit advice. The repayment above is illustrative — derived from an assumed, example-only rate (stated in the notes above), not an advertised rate, a comparison rate, or a quote. Final pricing, lender appetite and serviceability are confirmed in writing on the file.