From 5.49% p.a.Comparison rate 5.72% p.a.*

Home Loans in Kelvin GroveQLD 4059

Compare home loan rates from 50+ lenders for properties in Kelvin Grove. Median house price $1,100,000 with property growth of +6.0% p.a..

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Kelvin Grove Property Snapshot
Median house price: $1,100,000
Median unit price: $480,000
Property growth: +6.0% p.a.
Population: 8,000

Property Market in Kelvin Grove, QLD

Kelvin Grove is an urban village near QUT with a mixed-use precinct and cultural events. The median house price in Kelvin Grove is currently around $1,100,000, while units sit at approximately $480,000. The suburb has experienced property growth of +6.0% p.a., making it a steady performer in Queensland.

Why Buy in Kelvin Grove?

Kelvin Grove offers a range of lifestyle benefits that make it attractive to homebuyers and investors alike. Key features of the area include:

QUT campus
Kelvin Grove Village
Cultural precinct
Inner city

Typical Home Loan Amounts in Kelvin Grove

Based on the current median house price of $1,100,000, most buyers in Kelvin Grove will be looking at home loans in the range of $770,000 to $1,045,000, depending on their deposit size. With an 80% loan-to-value ratio (LVR), a typical loan would be around $880,000.

For unit buyers, loan amounts typically range from $336,000 to $456,000. First home buyers in Kelvin Grove may be eligible for state government grants and stamp duty concessions, which can significantly reduce upfront costs.

Home loan rates from

5.49% p.a.

Comparison rate 5.72% p.a.*

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How We Help You Get a Home Loan in Kelvin Grove

As a mortgage broker, we compare home loan rates from over 50 lenders to find the best deal for your purchase in Kelvin Grove. Our service is free to you — we are paid a commission by the lender, which is disclosed in our Credit Guide. Whether you're a first home buyer, upgrader, or investor, we'll guide you through the process from pre-approval to settlement.

WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.

Home Loan FAQs for Kelvin Grove, QLD

What is the median house price in Kelvin Grove?

The median house price in Kelvin Grove, QLD is approximately $1,100,000. Unit prices sit around $480,000. These are indicative figures and actual prices vary by property type, condition, and location within the suburb.

How much deposit do I need to buy in Kelvin Grove?

For a median-priced house in Kelvin Grove at $1,100,000, a 20% deposit would be $220,000. However, you may be able to buy with as little as 5% deposit ($55,000) if you pay Lenders Mortgage Insurance (LMI). First home buyers may also access government schemes to buy with a lower deposit.

What would repayments be on a home loan in Kelvin Grove?

Based on an 80% loan of $880,000 at 5.49% p.a. over 30 years, estimated monthly repayments would be approximately $4,991. Actual repayments depend on your interest rate, loan amount, and loan term. Use our calculator for a personalised estimate.

Is Kelvin Grove a good area to buy property?

Kelvin Grove has shown property growth of +6.0% p.a. recently. Kelvin Grove is an urban village near QUT with a mixed-use precinct and cultural events. With a population of approximately 8,000, the suburb offers qut campus and kelvin grove village. We recommend speaking with a local real estate agent and doing thorough research before purchasing.

Can I get a home loan pre-approval for Kelvin Grove?

Yes, we can help you get pre-approved for a home loan to purchase in Kelvin Grove. Pre-approval gives you confidence at auction or when making an offer. Our brokers compare 50+ lenders to find the best rate for your situation. The process typically takes 1-3 business days.