Mortgage Broker Jordan Springs
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Buying a property in Jordan Springs? We can secure you with the right finance.
Last month, Jordan Springs had a total of 50 properties available for rent and 59 properties listed for sale. The median property prices in the area have shown variations over the past year, with houses having a median price of $903,000 and units having a median price of $480,000.
For those interested in investment properties, it is worth considering that houses in Jordan Springs can be rented out for an average of $650 per week, providing an annual rental yield of 3.7%. On the other hand, units in the area can be rented out for around $450 per week, offering a rental yield of 4.6%.
Analyzing the sales data from the past five years, Jordan Springs has experienced a compound growth rate of -0.2% for houses, indicating a slight decrease in value over that period. Similarly, the compound growth rate for units stands at -17.6%, indicating a more significant decline in value.
These figures provide insight into the current rental market and historical property trends in Jordan Springs. However, it's important to note that real estate trends can vary, and it's recommended to consult with local experts or conduct thorough research before making any investment decisions.
Daniel Hoegel and the team at Mortgage Choice, servicing Jordan Springs, will discuss your borrowing options and guide you through the home loan process
Jordan Springs, located approximately 47 km west of Sydney in New South Wales, Australia, is a relatively new suburb in the Penrith area. It officially became a registered suburb in August 2011. Originally known as Jordan Hill, the area has a rich history that dates back to the early 1800s when it was primarily used for farming.
In 1941, the Commonwealth Government acquired 700 acres of land to establish the St Marys Defence Site. Subsequently, an additional 500 acres were taken in 1955. A factory was built on this land for the production and storage of munitions, and it remained in operation until 1993. Following the closure of the factory, ADI Ltd initiated the redevelopment of the site into a residential area. In 2004, the Commonwealth Government sold the land to Lend Lease, paving the way for the construction of 4,800 houses.
To the east of Jordan Springs lies the Wianamatta Regional Park, spanning an expansive 900 hectares. This park is home to one of the last remaining Cumberland Plain Woodlands, a critically endangered ecological community protected under the Threatened Species Conservation Act. Within the park, a population of kangaroos and emus can also be found, adding to the natural beauty and diversity of the area.
Our promise to you
Being your Mortgage Choice broker servicing Jordan Springs, we are committed to ensuring you truly have the best interest rate available on the market! Our promise to our clients is:
In most cases, our home loan service is at no cost to you!
We will do the legwork. You can ssave hours of research and paperwork by getting us to help!
We can help you access market-leading rates from over 30 lenders.
What is your Borrowing power in Jordan Springs?
When you're ready to purchase your property in Jordan Springs, it's important to have a good understanding of how much you can borrow. We know that finding out how much you can borrow for a property can be a bit confusing, which is why we have some great resources at your disposal.
Feel free to check out our easy-to-use home loan calculators here or get in touch with us to discuss your unique situation.
To arrange an appointment please call Daniel Hoegel from the team at Mortgage Choice, servicing Jordan Springs, on 0427 157 329