Current Properties
Collingwood Apartments
This is an environmental development where innovation merges with eco-friendly design. A seven-storey building with energy-efficient apartments located only 2.5 kms from the CBD. A total of 63 apartments are housed in a building that complements the existing streetscape with all the materials, textures and colour palettes selected to match the building fashions of this iconic street. Price Range: 1 bed – $370K-$450K 2 bed – $535K-$680K Type: Apartments No. of Properties: 63 Bedrooms: 1 and 2 bed Car Accom: Security lockup
Southbank Apartments
This project is cosmopolitan and unapologetically bold. The contrasts and rhythmic motifs throughout the building match the pulse and energy of life outside. Strong lines represent the spirit of the city and a contemporary attitude. As the day unfolds the building glistens, gently reflecting the different moods of Melbourne. At night, it sparkles with the life of the city. Price Range: $309k – $728k Type: Apartments No. of Properties: 207 Bedrooms: 1 bed and 2 bed Levels 30 Car Accom: 39 pre-allocated spaces; 3 levels of secure parking
Southbank Apartments
A beautiful and striking residential tower, this is Melbourne’s latest and most exciting lifestyle address with bayside and cityscape views. This residential development includes 5 star energy rated apartments located in the vibrant inner city precinct of Southbank, south of the Yarra River and less than 2km from Melbourne CBD and just 3 kms to Port Melbourne Beach. With stunning lifestyle facilities, this building features an architecturally designed swimming pool and residents lounge. Price Range: $375k to $770k Type: Apartments No. of Properties: 210 No. Available: 33 Bedrooms: 1 bed + 1 bath, 2 bed + 2 bath + powder…
Hawthorn Apartments
The new Hawthorn is the old Hawthorn – an industrial heritage revived, reclaimed and re-imagined. It’s a special part of new Melbourne life, where going forward means going back. This is a stunning collection of architect designed 1 and 2 bedroom apartments finished to a very high standard. Floor to ceiling glass floods your living spaces with clear, natural light. Rooms are beautifully proportioned according to principles of true city living – clean, open, modern. And when you’re ready to head out again, an armada of transport options are just outside the door. It’s the way it should be. It’s…
Hawthorn Apartments
This apartment building, is a synthesis of lifestyle, art and architecture by Ascui Edwards Architects. The design is an avant-garde reinterpretation of the light industrial heritage precinct balanced with the requirements of modern residential living. Materials reference industrial aesthetic and urban art treatment of elevations define an iconic facade. Ascui Edwards Architects are recognised for creating desirable, functional and liveable buildings, with a passion for design innovation and skilful integration of modern buildings within the built environment. Price Range: $390k – $730k Type: Apartments No. of Properties: 27 Bedrooms: 1 – 2 bed Car Accom: Basement storage cages
Our Location: 1 Queens road, Melbourne
Home Loans
Which Loan Is Right For Me?
Don’t know where to start when it comes to choosing the right home loan? With features and fees varying from one loan to the next it might seem like a bewildering array of options, but the good news is that you don’t have to go it alone. At Laungani Finance, our role is to work with you to assess which of these loans will prove the best match to your income, goals, budget and lifestyle. Fixed Rate (Principal and Interest) Fixed rate loans are priced according to a pre-determined interest rate and therefore have fixed loan repayments. The time period…
Applying For A Loan
What you need To apply for a home loan you should fill out a mortgage application form that will ask you for details about your income, credit and savings. Laungani Finance will have these. The application helps determine if you qualify for a loan and measures your debt ratio, an important part of working out how much of a house you can afford. The type of documents you need for your application include: Personal identification: e.g., passport, drivers license, birth certificate. Property information: e.g., Contract of Sale. Financial information: e.g., cheque account and savings statements. Liabilities: e.g., loan and credit…
Frequently Asked Questions
Q: How much deposit do I need to buy my first home? A: This varies according to the type of loan you are taking out, the amount you are borrowing and the lender’s policy, but in general you should aim to save a deposit of between 10 to 20 per cent of the purchase price. The more deposit you have saved, the less you’ll need to borrow, which means you make lower repayments and pay less interest. Q: What are deposit bonds? A: Deposit Bonds act as a substitute for the cash deposit between signing a contract and settlement of…
Think About
When choosing a home loan, keep in mind that interest rates and your financial situation will change over time. Make sure your loan is flexible enough to change with you. Features you might want to consider include: The option to move from variable to fixed interest rates, or split the loan between both. An off set or line of credit account to help you use your income and savings to reduce the balance of your loan. The ability to make additional repayments without penalty. A redraw facility that gives you the flexibility to use your additional repayments as required. The…
Types of Loans
STANDARD VARIABLE HOME LOAN This is the ‘benchmark’ variable interest rate for each lender. This home loan is usually flexible, but not competitive as far as interest rates, fees and charges go. The interest rate will rise and fall, as set by the Reserve Bank of Australia, and will therefore affect repayment requirements. BASIC VARIABLE HOME LOAN This is a ‘no frills’ variable rate home loan with a discounted interest rate. They generally have fewer features than the standard variable and may not be as flexible. Like the standard variable home loan, the basic variable home loan rate will rise…
10 Steps to Buying a Home
1 Know the market Do your homework and research the area you are buying into by browsing newspaper and Internet property listings and speaking to local real estate agents. Attend plenty of property viewings and auctions, each time asking yourself: Does it suit my needs? What are its faults? What are its features? How does its price compare with other properties seen? The more informed your decision, the better chance the property you buy is the right one in terms of price, location, value, size and lifestyle. 2 Do your sums Once you have an idea of the property market,…