Mortgage broker Glen Waverley

Looking for a mortgage broker Glen Waverley? XLOANS is a local Melbourne mortgage broker helping Glen Waverley buyers, refinancers and investors compare 40+ lenders — and we do the legwork for free.

Why choose a mortgage broker Glen Waverley

As a mortgage broker Glen Waverley, XLOANS compares the whole market in one go instead of you ringing banks one by one. We weigh the headline rate against fees, offset features and cashback to find the true best deal.

Whether you're a first home buyer, refinancing or investing in Glen Waverley, we match you to the lender most likely to approve your loan at a sharp rate.

What we help with

  • First home buyer loans, grants and the 5% deposit scheme.
  • Refinancing to a lower rate or to access equity.
  • Investment and SMSF property finance.
  • Self-employed, low-doc and specialist lending.

How much can you borrow in Glen Waverley?

Your borrowing power depends on income, expenses, debts and dependants — and every lender assesses it differently. We work it out accurately across multiple lenders so you know your real budget for Glen Waverley.

Our borrowing power calculator gives you a quick estimate before we refine it together.

Free, local and lender-paid

Our service is free to you — we're paid by the lender and we disclose it. You get local Glen Waverley lending knowledge at no cost and no obligation.

One point of contact manages your application, valuation and settlement end to end.

The Glen Waverley property market

Glen Waverley is one of Melbourne's most competitive eastern suburbs, driven by the Glen Waverley Secondary College zone, the Kingsway dining strip and excellent train access. House prices sit well above the Melbourne median, so most purchases involve larger loans where serviceability, deposit structuring and lender policy on high-value lending are decisive. We frequently help Glen Waverley families use equity in an existing property, or a family guarantee, to compete at auction without stretching cash flow.

Glen Waverley property prices & market data

Indicative median prices, rents and growth for Glen Waverley (3150) over the 12 months to mid-2025. Figures are a guide only and move with the market.

Property typeMedian price12-mth growthMedian rentGross yield
Houses$1,720,0002.1%$780/wk2.4%
Units / apartments$830,0001.3%$600/wk3.8%

Example purchase costs in Glen Waverley

Worked examples for a first home buyer, an upgrader and an investor — based on an indicative 6.00% p.a. variable rate over 30 years, principal & interest. Your real numbers depend on your situation and lender.

First home buyer

$800,000

Unit/apartment in Glen Waverley · 5% deposit

Deposit (5%)
$40,000
Loan amount
$760,000 (95% LVR)
Stamp duty (VIC), after FHB concession
$43,070
Lenders Mortgage Insurance
$0 (5% scheme)
Cash needed upfront
$86,070
Est. repayment
$4,557/mo

Townhouse or apartment within the 5% deposit scheme cap for Melbourne.

Upgrader

$1,720,000

House in Glen Waverley · 20% deposit

Deposit (20%)
$344,000
Loan amount
$1,376,000 (80% LVR)
Stamp duty (VIC)
$94,600
Lenders Mortgage Insurance
$0
Cash needed upfront
$441,600
Est. repayment
$8,250/mo

Median Glen Waverley house in the school zone — high-value loan policy applies.

Investor

$830,000

Unit/apartment in Glen Waverley · 20% deposit

Deposit (20%)
$166,000
Loan amount
$664,000 (80% LVR)
Stamp duty (VIC)
$44,870
Lenders Mortgage Insurance
$0
Cash needed upfront
$213,870
Est. repayment
$3,981/mo

Modern townhouse let at the suburb median rent.

Estimates only and not financial advice. Stamp duty uses indicative VIC rates and first home buyer concessions; the 5% deposit scheme (First Home Guarantee) waives LMI where the price is within the cap and you qualify. Verify your exact costs with a XLOANS broker or our purchase cost calculator.

Frequently asked questions

This page is general information only and not financial advice. Lending criteria, rates and government schemes change — speak to a XLOANS broker for advice tailored to your situation. XLOANS is a Melbourne-based mortgage broking service.

Looking for a mortgage broker in Glen Waverley?

Get free, local home loan help from a XLOANS broker — no obligation, just a quick 15-minute chat.