Peter Machell

Award-winning mortgage brokers covering Woodend, Gisborne, Kyneton, Lancefield, Daylesford & Macedon Ranges

Call: 03 5427 4262

Our team in Woodend & Bendigo research & compare loans from up to 35
lenders to match the one for you, not the lender.

Call Us Mortgage Choice Woodend
Office - 03 5427 4262

Open Hours Mortgage Choice Woodend
Monday - Friday: 9:00am - 5:00pm
After hours by appointment
Free Appointment

Address

87 High Street WOODEND, VIC 3442

HOME LOAN REVIEWS

Our clients save on average:

$1,089 a year

Thanks to our free home loan review service, our clients haved saved, on average, $1,089 a year in interest.

(Based on figures from Jan-Apr 2025).

Let’s find your savings today.

“Peter's attention to detail and knowledge of the mortgage market made a complex transaction painless”

My promise to you

A mortgage is a big commitment but it need not be a big headache. I work hard to make your life as easy as possible.

~ Peter Machell
(Owner, Mortgage Choice Macedon Ranges)

Here’s my mobile number

Call me at any time to get friendly, expert advice about your mortgage ... even on a sunny Sunday afternoon 😎

Call Peter: 0438 117 706

Here's what you get from Mortgage Choice Macedon Ranges

Free advice you can trust

The home loan service at Mortgage Choice Macedon Ranges is no cost to our customers. We only want the best deal for you.

The best loans, in minutes

Imagine how long it would take you to compare 450 loans from over 20 lenders. Two hours? Maybe more. Our team at Mortgage Choice Macedon Ranges do it all for you in just a few minutes. We'll save you time and money by doing the shopping around for you.

Better rates, saving you money

As mortgage brokers with one of the “big three” groups, our team in at Mortgage Choice Macedon Ranges can access better loan rates than you get on your own.

Do some quick sums on your home loan with our calculators

No complex forms to fill in

Tedious forms and phone calls. Tricky terms and jargon. Why do lenders make life so hard? Avoid all that hassle and let our team do the running around for you!

And we don’t stop there…

Every 12 months we check to make sure the loan still meets your needs.

Client reviews

Peter and the team at mortgage Choice have been fantastic. They got me a great deal and are always quick to answer questions and very responsive. I wouldnt hesitate to recommend them.

Sara
05 May 2025

All the staff at Mortgage Choice are extremely helpful, friendly, attentive and efficient. I have used Mortgage Choice twice now, and the process was always seamless and theyre always happy to answer any questions or address any concerns. Exceptional bunch

cmr
23 April 2025

Mortgage choice has helped me find the right mortgage for both my current home and my new one. Everyone on the team were able to assist me with expert knowledge and guide me through all the processes seamlessly

Rachel
17 April 2025

Everyone was so helpful and made the entire process easy as can be. Couldn't recommend Mortgage Choice Woodend more

James
21 March 2025

Peter and the team were fantastic to deal with.
Very obliging to my often dumb questions, and always eager to respond with helpful information.
Great service.

Stephen
20 March 2025

Peter and team are fantastic to work with. They have helped with a couple of property lending requirements now. Service is great and very knowledgable. Wouldn't go anywhere else.

24 February 2025

Friendly, helpful and knowledgeable staff. Highly recommended.

Josh
23 January 2025

Peter and the team at Mortgage Choice Wooden offer impeccable service. They are very thorough, quick to respond and very supportive in obtaining the best possible outcome They make any loan application a breeze

Georgina
21 November 2024

Everyone at Mortgage Choice Macedon Ranges and Bendigo have gone out of their way to assist me with the purchase of my new home as they have done several times in the past. The staff are all professional, caring and empathetic to individual circumstances. I highly recommend their services to anyone looking for a Mortgage Broker.

Julie
15 October 2024

Refinancing guide

If you’re thinking about refinancing, this guide can help you learn more about the refinancing process, benefits and options available.

Download now

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My monthly rental income before tax

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2nd Applicant

2nd applicant monthly income before tax

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2nd applicant monthly rental income before tax

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2nd applicant monthly other income before tax

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You could borrow up to

Repayments
/ month
Expenses
Remaining

Based on standard variable rate over years.

Start the pre-approval process

The borrowing amount is a guide only. Loan repayments are based on the lowest interest rate (either standard variable or 3-year fixed rate, owner occupier) from our lender panel over a repayment period of 30 years. Rates and repayments are indicative only and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

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Recalculate borrowing power

Monthly income

Expenses

You may borrow up to

Value of property

Borrowing

Over

Interest Rate Use the lowest rate from Mortgage Choice's lender panel Input rate

Repayment options

Extra monthly repayments

Your monthly repayments
Total loan repayments:
Total interest charged:

There's a lot to consider when choosing the right loan.

The lowest interest rate from our lender panel is either standard variable or 3-year fixed for an owner-occupier. Rates and repayments are indicative and subject to change. The results from this calculator are an approximate guide only and do not constitute specialist advice. The calculations used should not be relied upon for the purposes of entering into any legal or financial commitments.

Value of property

State

Property use

Type of dwelling

Type of property

First Home Buyer?

Calculate

Total fees:

Breakdown	Amount
Stamp duty on property
Transfer fee
Mortgage registration fee

Need help with your next home purchase?

Extra Information

Home Buyer Concession Scheme

From 1 July 2019, the FHOG ACT has been replaced with exemptions on stamp duty. The stamp duty exemption is applicable to all properties in ACT, including vacant residential land and both new and established homes at any price. As this is still to aid first home buyers, to be eligible at least one buyer must live in the home for at least 12 months, starting within 12 months of settlement or completion of construction.

To be eligible, first homeowners in the ACT must have a household income below $160,000. This number increases up to $176,650 depending on the number of children you may have.

Click here for more information on the ACT First home Owner Grant.

Stamp duty concessions in NSW

From 1 August 2020, the NSW government has announced that stamp duty will not be applicable to first home buyers for properties valued up to $800,000 and vacant land valued up to $400,000. This stamp duty exemption will be in place for 12 months to 31 July 2021, in which the stamp duty exemptions will revert back to $650,000 for homes and $350,000 for land.

Additionally, a concessional rate of duty will apply to homes valued more than $800,000 but less than $1,000,000 and vacant blocks of land valued more than $400,000 and less than $500,000

How much is the First Home Owners Grant NSW?

The FHOG in NSW is worth $10,000 however conditions apply. To be eligible, your first home must have a total value below $600,000, and be either newly constructed or ‘substantially renovated’. A home is substantially renovated when most or all of the original house was removed or replaced, and it’s the first time the place has been sold, and lived in, after the renovations were completed.

If you plan to build a new home from scratch, you can still be eligible for the FHOG in NSW as long as your land plus the home you build have a combined value of less than $750,000.

Click here for more information on the NSW First Home Owner Grant.

How much is the First Home Owners Grant in the NT?

The First Home Owner Grant in NT is $10,000. Your income and the price of your home don’t affect the FHOG NT, and the grant is available if you buy or build a new house, apartment, duplex or townhouse.

As of 30 June 2021, there are currently no stamp duty concessions for first home buyers in NT.

Previously the Territory’s First Home Owner Discount was in place from 8 February 2019 to 30 June 2021. It let you save up to a maximum of $18,601 on the cost of stamp duty. The savings were available whether you purchased a new or established home as long as the home was valued under $650,000.

Click here for more information on the NT First home Owner Grant.

How much is the First Home Owners Grant QLD?

As a first home buyer in Queensland you could be entitled to the $30,000 First Home Owner Grant. To be eligible, you need to buy a brand new home or build a home from scratch with the total value (including the land) below $750,000. You may also be eligible if you buy off the plan or an established home that’s been substantially renovated.

As a guide, substantial renovations include replacing or altering foundations or replacing or altering floors. Cosmetic work such as painting the walls or sanding floors doesn’t add up to a substantial renovation when it comes to the FHOG in QLD.

Stamp duty concessions

If you’re buying vacant land to build your first home, you pay zero stamp duty as long as you pay $250,000 or less for your block. Concessions are available for vacant land valued above $250,000 and up to $400,000. Whereas if your first home is valued up to $500,000, you pay zero stamp duty. That’s a saving of $7,175 which is the maximum stamp duty rebate available to first home buyers in QLD.

Additionally, savings on stamp duty may still be available if you pay between $500,000 and $550,000 for your first home. As a guide, if your first home is worth $530,000, you pay stamp duty of $6,300 a saving of $3,500. These savings cut out altogether if your first home costs $550,000 or more.

Click here for more information on the QLD First home Owner Grant.

How much is the First Home Owners Grant SA?

There are currently no specific stamp duty concessions available for first home buyers in SA.

The $15,000 FHOG in South Australia is only available to first home owners who buy a new home. You can choose from a house, apartment, townhouse or villa.

You will only be able to claim the FHOG SA if you pay below the following amounts for your home:

Before 14 June 2023: $575,000
After 15 June 2023: $650,000

You can also claim the First Home Owner Grant in South Australia when you buy a block of vacant land to build your first home on. However, the end value of your building plus land must be no more than $575,000.

Click here for more information on the SA First home Owner Grant.

Stamp duty concessions in TAS

If you buy an established home, you are not eligible for the FHOG in Tasmania but you may be able to claim savings on stamp duty. If you’re home is valued at

$400,000 or less, you will receive a 50% discount on the property transfer duty (stamp duty).

How much is the First Home Owners Grant TAS?

The FHOG Tasmania is worth $30,000 until 30 June 2022 but only when you buy or build a new home. Off the plan purchases are also eligible. In Tasmania, there is no limit on the purchase price of the property, and the FHOG is not means tested.

Click here for more information on the TAS First home Owner Grant.

Stamp duty concessions in VIC

First home owners in Victoria don’t pay stamp duty at all on their first home as long as the property is valued below $600,000. You may still be eligible for savings on stamp duty if you pay between $600,000 and $750,000 for your first home. The stamp duty concessions available in Victoria apply to both established and new homes.

How much is the First Home Owners Grant VIC?

The FHOG Victoria is only available if you buy a newly built home or if you choose to build a home from scratch. The FHOG is worth $10,000 if you build/buy in Victoria.

Your first home can be a house, townhouse, apartment, or unit but it must be valued at $750,000 or less, and it must be a new home – being sold as a home for the first time, and less than five years old.

Click here for more information on the VIC First home Owner Grant.

Stamp duty concessions in WA

If you buy vacant land to build your first home, you’re exempt from paying stamp duty as long as you don’t pay more than $300,000. If you pay between $300,000 and $400,000 you will be entitled to a reduced rate of duty.

From 09 May 2024, if you buy a home costing up to $450,000, no stamp duty is payable at all. If the value of your home is between $450,000 and $600,000, you’ll be entitled to a reduced rate of stamp duty.

There are no additional concessions for homes valued above $600,000 and land valued above $400,000.

How much is the First Home Owners Grant WA?

The FHOG WA is worth $10,000 when you buy or build a brand new home. There are limits on what you can pay for your first home to be eligible for the FHOG in Western Australia.

If you’re located south of the 26th parallel, which basically covers all the Perth metropolitan area, you can claim the FHOG WA if your new home is worth up to $750,000 – this includes the value of the land plus buildings.

If you buy or build a home north of the 26th parallel, the property must be valued up to or below $1 million to be eligible for the FHOG WA.

The First Home Owner Grant in Western Australia is no longer available if you buy an established home however you may be able to claim stamp duty savings.

Click here for more information on the WA First home Owner Grant.

State / Territorial Revenue Web Sites

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