Ranked as the #1 Independent Mortgage Brokerage in Australia for the last 6 years running, with over $15B funded and over 31,000 happy customers. Shore Financial are property finance specialists with a strategic alliance to the real estate network throughout Australia. We are a solution focused team that strive for an exceptional customer experience. Our core business is residential lending whereby we negotiate between all the various lenders on your behalf to obtain the lowest interest rates and fees whilst also finding the most suitable and accommodating finance solutions. We are a free service to the client and a great value add to the real estate industry. Due to our large volumes of business, we have developed stronger relationships with the major banks & lenders which entitles us to special benefits to help further service our clients. These benefits include specialised pricing, policy exceptions, LMI waivers, free upfront valuations and preferential service for 24 hour approvals.
External link for Shore Financial
Level 16, 124 Walker St
North Sydney, NSW 2060, AU
✨ Lucky number 7! ✨ What an incredible honour to be awarded Champion Brokerage of the Year at the AFG Broker Awards 2024 for the 7th time! A very well-deserved shoutout to our 6 amazing brokers who made the Top 50 AFG Brokers list for 2024 as well! This wouldn’t have been possible without our dedicated team and loyal clients. We’re so grateful for your trust and support!
We’re proud to announce we’ve earned a spot in Mortgage Professional Australia Top Employers! This milestone reflects the hard work, dedication, and incredible culture we’ve built together. A huge shoutout to our amazing team – this is all thanks to the passion and commitment you bring every day.
Our annual strategy day conference at Milton Park was a fantastic success! We celebrated our FY24 achievements and unveiled some exciting plans for the upcoming year. A big shoutout to our guest speaker, Brokeressentials, and to everyone who made this team-building event so special. It truly highlighted the incredible culture and amazing team that drive our success. Here’s to an even brighter year ahead! 🌟👏
Growth trend in Australian home values is shifting! CoreLogic Australia September Home Value Index (HVI) has been released, bringing us the latest key metrics for the property market. August saw national home values rise by 0.5%, continuing a 19-month streak of growth. However, the rate of increase is cooling, with the quarterly national growth now at 1.3%—a significant drop from the 2.7% growth seen in the same period last year. Stay updated with the latest market insights to make informed decisions. #shorefinancial #CoreLogic #HousingValues #MarketTrend
WHICH ARE SYDNEY'S TOP GROWTH SUBURBS? The latest quarterly Shore Financial State of Sydney Report has revealed the top suburbs in Sydney that are expected to experience significant price growth in the next 6 months. Read more via Mortgage Professional Australia: https://shorturl.at/B2uR8 Read more via Real Estate Business: https://shorturl.at/fPZ49 Read more via Smart Property Investment: https://shorturl.at/3e3xO See our full State of Sydney Report here: https://lnkd.in/gKXEpdMG #sydneypropertyprices #shorefinancial
Theo Chambers, our CEO, is featured in The Australian Financial Review discussing the tactical use of Lender’s Mortgage Insurance (LMI) and the emerging trend of first home buyers becoming rentvestors. His insights shed light on how LMI can be a valuable tool for entering the market sooner and the reasons behind the shift towards rentvesting. This article is essential for understanding the dynamics of today’s property market and how to leverage them effectively. Read the full article here: https://lnkd.in/gZX3CRyS #shorefinancial #LMI #Rentvesting #MarketInsights
💡 Watch as Josh Phegan breaks down a chart provided by our CEO Theo Chambers, illustrating how mortgage holding costs have soared with rising interest rates. The increase in home loan repayments is significant, especially since repayments on your primary residence come from post-tax income, adding extra pressure on households. In a shifting market, staying informed is crucial—and Shore Financial is here to guide you with expert insights every step of the way. 🏡 #ShoreFinancial #RateRises #MortgageCosts #FinancialClarity
Real estate has consistently outperformed other investment options, with the Australian Commercial Real Estate market valued at AUD $1.67 trillion. Shore Financial has formed a joint venture with Wingate, a distinguished leader in commercial investment with over $7 billion in capital deployed across asset management, financing, and investment activities. This Shore Invest partnership enables us to acquire and actively manage a diverse portfolio of commercial assets, leveraging Wingate's extensive expertise and proven track record. We are thrilled to share an attractive commercial asset we’ve acquired and are offering for syndication, being a recently built retail shopping centre, Queen Street Village. 🏢 LOCATION & PROPERTY DETAILS 🏢 ✅Prime Location: Strategically located 3km north of Surfer's Paradise, 70kms south of Brisbane and adjacent to Southport CBD, an area projected to see significant population growth from 640,000 to 983,000 by 2046. Exceptional trade area with a forecast 4.1% p.a. and $5.7B forecasted for Major Trade Area growth by 2041. Situated in an established commercial and administrative hub that is also adjacent to the Gold Coast rail. ✅Property Specifications: A newly constructed (2022) retail complex on a corner block spanning 1.9 Hectares with 13,071 sqm of lettable land, 42 tenants across 5 levels & 368 car spaces (operated by Secure Parking). The purchase price of the property is well below the replacement cost of the building alone. 📶 FINANCIAL HIGHLIGHTS 📶 ✅Purchase Price: Acquired for approximately $87.1 million, a substantial discount from the original valuation, reflecting the distressed sale conditions. ✅Rental Yield: Offers an initial net yield of 7.8% at acquisition with weighted average lease expiry of 10 years, inclusive of a 24-month rental guarantee over vacancies worth $608,000p.a. Anchored by national tenants IGA, Dendy Cinemas, Guzman y Gomez, Oporto’s and Secure Parking. ✅Quarterly Distributions: Anticipated to commence at 7.0% p.a with potential to increase throughout the initial investment term as all leases have fixed annual increases of 3-4%. ✅Target Forecast Equity: IRR of 13.3%+ p.a. with a 1.6x equity multiple (over 4 year initial investment term). ✅Tax Benefits: Significant depreciation being a brand new development, likely rendering the income stream effectively tax-free. ✅Debt Facility: Non-recourse loan of 55% LVR will be secured against the asset with an interest only rate of circa 6.05%. 🔷 HOW TO GET INVOLVED: 🔷 We are offering this limited opportunity exclusively to our valued clients and partners, with a minimum investment requirement is $100,000. We are currently at 90% of our capital target. Allocations will be prioritised by registration date. Our Expressions of Interest close at the end of August, so we ask that you officially register your interest by completing the EOI form on our website: https://lnkd.in/gXUYqdtT.
Our CEO, Theo Chambers, is featured in a recent article on MPA Magazine discussing how savvy borrowers are quickly reacting to interest rate changes. In this insightful piece, he explores current trends, borrower behaviors, and strategies to navigate the ever-changing mortgage landscape. Check out the full article for expert advice and stay ahead in the property finance game! https://lnkd.in/g_4X-bde
We are thrilled to share an exclusive investment opportunity that promises significant returns and aligns with our commitment to delivering exceptional value. We have an attractive commercial asset we’re looking at syndicating being a retail shopping centre in Southport Gold Coast QLD. We are offering this opportunity exclusively to our valued clients and partners, with a final capital call on Wednesday 28th August 2024. The minimum investment requirement is $200,000, ensuring that you become part of a focused and committed investor group. If you are interested in learning more or participating in this investment, please register your interest at: https://lnkd.in/gnkbBFfT