Waverley mortgage broker
Waverley mortgage broker
A mortgage broker
who knows Waverley.
Home loans in Waverley for your first home, your next home, an investment or a refinance. We compare 35+ lenders and it costs you nothing.
35+
Lenders
10+
Years experience
1,000+
Clients helped
$0
Cost to you
What we help with
Four reasons people call us in Waverley
Each one runs differently here, because Waverley pairs a family house market with a busy unit market right on the edge of Bondi Junction.
First home loans in Waverley
Units are the way in, and Waverley has plenty of them, many a short walk from the Bondi Junction interchange. The Australian Government 5% Deposit Scheme comes with a property price cap in NSW, and a number of Waverley units sit under it while others sit above, so it comes down to the actual property. Some jobs skip lenders mortgage insurance altogether, and a family guarantor loan is the other common way to bring the deposit down to something reachable.
Buying your next home in Waverley
The step from a Waverley unit to a Waverley house is a real one, and houses trade steadily here rather than rarely, so the move is genuinely on the table. Some people upgrade within the suburb as families grow. Others keep the unit, rent it out and buy the house in Coogee, Randwick or further south. Selling first or buying first changes how the loan is built, and bridging finance covers the gap when the two settlements will not line up the way you hoped.
Investment property loans in Waverley
Waverley rents well thanks to Bondi Junction on the doorstep and the beach a walk away, though yields are modest, with houses around 2% and units a little higher. Lenders count expected rent towards what you can afford, so that rent does some of the work while your income carries the rest. Unit values here have softened over the past year, which can suit a patient buyer. Keeping the new loan separate from the home loan matters for tax, so ask your accountant early.
Refinancing a Waverley home loan
House values here have climbed while unit values have softened, so the equity in your place could be quite different from what you assume. That figure can fund a renovation, a deposit on the next purchase, or the release of a parent's home still sitting as security on your loan. A refinance is also the one moment the rate, the structure and the years left on the loan all get looked at together, which almost never happens if you leave the loan where it is.
Whichever one brought you here, the first conversation is the same. We look at where you are now, then show you what each lender on our panel would do with it.
Thinking about
your first home?
There are a few ways into a Waverley unit with less than a 20% deposit, and some suit this market better than others. We can walk you through them before you start inspecting.
About Waverley
What the 2024 market actually looks like
History of Waverley
Waverley took its name from a house built by early settler Barnett Levey, itself named after the Walter Scott novels. It grew as a residential suburb behind Bondi, and today it wraps around the Waverley Cemetery on the cliffs and sits right against the Bondi Junction transport hub.
Waverley property market
Waverley runs two markets side by side. Freestanding houses and semis on the leafy streets trade steadily as a family market, while units near Bondi Junction trade in greater numbers and at far lower prices. The transport hub and the walk to Bondi keep both in constant demand.
Waverley property prices
Houses sit around $4 million, with roughly 24 sold in a year on a modest yield near 2%. Units trade in greater numbers, about 37 in the same period, at much lower prices, and unit values softened over the past year. That mix of a firm house market and a softer unit market defines Waverley right now.
Borrowing in Waverley
On a house you are past the loan size where lenders add their own checks and trim how much they fund. On a unit the building decides it, and some blocks near Bondi Junction are larger or more investor heavy, which a few lenders treat cautiously. Send us the address before you offer.
Whether it is a house or a unit, we know which lenders are comfortable with each, here and across the Eastern Suburbs.
Ready for the
next home?
Selling first or buying first changes almost everything about the loan. We can map out every step of the journey.
Your broker
Meet Ali Hasani
Ali Hasani is the founder of Buyvest. He has worked in home loans for more than ten years, a lot of it at Commonwealth Bank. We meet clients face to face, or by phone, Zoom and Teams, at night and on weekends as well as work hours. We take your loan to 35+ lenders, compare the numbers, and show you the options. Ali is an MFAA accredited broker with a Diploma of Finance and Mortgage Broking Management and a Post Graduate in Accounting.
Looking at an
investment property?
Rent counts towards what you can borrow, and two lenders can land a long way apart on the same purchase.
Client stories
How we helped in Waverley
Three real situations, each one moving from stuck to sorted with the right lender.
Rent counted, and the loan cleared.
An investor wanted a Waverley unit and their own bank said the borrowing did not quite stack up. The sticking point was how that lender treated rental income, and the beach and Bondi Junction on the doorstep make the local rent genuinely reliable. We moved the application to a lender that counted a higher share of that rent towards serviceability. Same purchase, same rent, assessed by a different lender, and it cleared comfortably. Which lender reads the rent often decides these deals.
The scheme they already qualified for.
A couple renting near Bondi Junction had saved a 5% deposit and assumed years more waiting lay ahead before they could buy. What they had not realised was that they were eligible for the Australian Government 5% Deposit Scheme, which let them buy a Waverley unit with the deposit they already had and no lenders mortgage insurance. They kept the rest of their savings for moving costs and a buffer. The wait they had braced for simply did not need to happen.
One loan, two lenders, both approved.
An owner wanted to keep their Waverley unit and buy a house, and a single lender would not fund the whole picture. Same borrower, same income, same debts. We refinanced the unit to a lender with a sharper rate, released the equity that freed up, and placed the house loan with a second lender that read their income more generously. Splitting it across two lenders, rather than forcing everything through one, was what got both loans over the line.
These are past client stories, with details changed for privacy. Your own result depends on your situation and what the lender decides.
Free guides
What to know before you buy
Three free guides covering how a Waverley purchase actually runs, from pre-approval to settlement.
Home loan pre-approval
What it covers, and how long it lasts.
Read the guide
Choosing a home loan
Fixed, variable, offset and redraw.
Read the guide
Settlement day
What has to be ready before then.
Read the guide
Read the free guides in the Loan Vault to know how the home buying process works in NSW.
What we do
Home loans in Waverley for every plan
First home
Learn more
Next home
Learn more
Investment property
Learn more
Refinancing
Learn more
Construction loans
Learn more
Bridging loans
Learn more
Guarantor loans
Learn more
No LMI and waived LMI
Learn more
Self employed home loans
Learn more
Not sure where to start? See what a Sydney mortgage broker does.
When did you last
check your rate?
We compare your current home loan against 35+ lenders. If a refinance saves you money we will show you the numbers, and if it does not we will tell you that too.
Your job matters
Home loans by profession
Some lenders drop lenders mortgage insurance for certain jobs, and Royal North Shore is a few minutes away. The lists and the limits differ from one lender to the next, so it is worth checking where yours sits.
Home loans for
Doctors
Learn more
Home loans for
Dentists
Learn more
Home loans for
Accountants
Learn more
Home loans for
Lawyers
Learn more
Not sure if your job is on a list? See No LMI and waived LMI home loans, or ask us and we will check every lender on our panel.
Plan ahead
Run the numbers
Free tools that show you where you stand right now.
How it works
Three steps to your loan
1
Financial health check
2
Get pre-approved
3
Settle, then stay in touch
Client reviews
5.0 ★★★★★ on Google
Reviews from clients across Sydney.
★★★★★
"Ali is an excellent broker who truly knows his numbers. He made the entire process of securing two investment loans incredibly smooth and stress-free. What really sets him apart is the valuable advice he provides not just about loans, but also about making safe and smart investments."
★★★★★
"Ali was very professional and was able to help with our complicated loans to refinance. He kept us up to date throughout the process and made sure my wife and I understood everything before signing and that we had no issues after settlement."
★★★★★
"Ali is our trusted advisor for many years. He responds swiftly and honestly. He is the best in working out options for loans. He goes above and beyond to get the best outcome for the customers."
FAQ
Waverley questions, answered
Buying your first home, buying your next home, buying an investment property, or refinancing the loan you already have. The questions that come up for each one.
How do I get a home loan in Waverley?
Start with pre-approval, not with open homes. We go through your income, debts and deposit, sort out what different lenders will count, and set your number before you fall for a place. Waverley has two sides to it, a family house market and a busy unit market by Bondi Junction, and they suit different lenders. A house sits at a loan size that triggers lender checks, while a unit is judged on the building. We compare 35+ lenders at $0 cost to you.
Why use a mortgage broker in Waverley?
Because Waverley mixes houses and units, and lenders treat the two very differently, especially the larger investor heavy blocks near Bondi Junction. One lender counts rental income generously, another is cautious about a particular building, a third has the sharper rate this month. A single bank shows you one of those answers. A broker checks several before you commit. Brokers also carry a legal duty called the Best Interests Duty, which means we have to put your interests first.
How much deposit do I need for a first home in Waverley?
A 20% deposit avoids lenders mortgage insurance, and on a Waverley unit that is a big but reachable number for a lot of buyers. There are also ways in with less. The Australian Government 5% Deposit Scheme comes with a property price cap in NSW and a number of Waverley units sit under it. A family guarantor loan shrinks the deposit another way, and some professions skip the insurance entirely. Which doors are open depends on your income, your job and the property, so it is worth checking before you rule anything out.
Can I use the Australian Government 5% Deposit Scheme in Waverley?
Often, yes. The scheme lets eligible first home buyers purchase with a 5% deposit and no lenders mortgage insurance, and it covers units as well as houses. It comes with a property price cap in NSW, and a good number of Waverley units sit under that line, especially one and two bedders near Bondi Junction. The cap is measured against the contract price, not the listing guide. We can check your eligibility and the specific property in the same conversation.
Waverley is right next to Bondi Junction. Does that help?
For demand and resale, yes, being a walk from a major train and bus interchange keeps both houses and units sought after, which supports values and rents. For your loan application it makes no direct difference, since a lender assesses your income, your debts, your deposit and the property, not how close the station is. Where the location shows up is in the buildings, because some larger blocks near the junction are investor heavy, which a few lenders treat cautiously. We check the building alongside your finances.
Can I upgrade from a Waverley unit to a Waverley house?
It is a real step here, more so than in the beach suburbs, because Waverley houses trade steadily rather than rarely. Some buyers get there on unit equity plus income. Others keep the unit as an investment, let the strong local rent help carry it, and buy the house in Coogee, Randwick or further south. The key is knowing your real borrowing number early, so when the right house comes up you can move on it rather than scramble to arrange finance.
Can I buy the next home before the Waverley one sells?
Yes, through bridging finance. Think of it as a temporary loan sitting across both homes that pays for the new one while the old one is still listed, with the interest typically rolling up instead of being paid each month, then settling when your sale goes through. Going in first makes sense when the right place lands and waiting risks losing it. Selling up front hands you a locked in figure to plan against. We run the maths on both sequences so the decision rests on numbers, not nerves.
Does a Waverley investment property stack up on the rent?
On yield, it is modest, with houses around 2% and units a little higher, so this is more a capital and lifestyle market than a cash flow one. Lenders count expected rent towards what you can borrow, and Waverley rent is reliable thanks to Bondi Junction and the beach nearby, so it does some real work in the assessment. Unit values have softened over the past year, which can suit a patient buyer. Which lender assesses the file can move the borrowing answer a fair way on the same purchase.
Unit prices here have dropped. Is that a problem for a loan?
Not in itself, and for a buyer it can be an opportunity. A lender values a property as it is at the time of purchase, so a softer market simply means the price and the valuation should sit closer together. Where it matters is if you already own a Waverley unit and want to refinance or pull equity, because a lower value reduces the equity available. For a purchase, a softer unit market can work in your favour. We check the current position rather than relying on old figures.
When is it worth refinancing a Waverley home loan?
Several moments make it worth a look. Rising house values may have quietly built more equity than you realise, enough to bankroll a renovation or a fresh deposit. A fixed term wrapping up is another prompt, as is an investment loan about to roll off interest only onto principal and interest and push the repayment up. And often it is simply a rate that has slipped out of date since you settled. We hold your loan up against 35+ lenders and give you both sides, including when sitting tight is the smarter play.
How much equity can I use?
Usable equity is roughly 80% of what your place is worth today, less what you still owe. Go past 80% and lenders mortgage insurance usually comes back into it. In Waverley the house and unit markets have moved in different directions lately, so it is worth getting a current value rather than assuming, because a house may have more equity and a unit less than you expect. That equity funds renovations, next purchases and investment deposits, so it is worth pinning down properly rather than guessing off a portal.
Fixed, variable or split, and do I need an offset?
It depends on you. A fixed rate buys certainty for a set term but locks you in, with break fees if you leave early and limited extra repayments. Variable trades that certainty for freedom to overpay and move. A split takes some of each. An offset sits beside the loan as a savings account whose balance cuts your interest while the cash stays yours, handy if your pay or business income lands in lumps. We match the structure to how your money actually moves, rather than pushing one option.
Do lenders treat Waverley apartments differently?
Some do. The larger blocks near Bondi Junction can be investor heavy or hit a lender's exposure cap, where they already hold too many loans in one building. Older walk ups raise questions about the building rather than about you. Small studios can fall under minimum floor size rules. And a handful of older Eastern Suburbs buildings are company title, which many lenders restrict. The same unit can be approved by one lender and declined by another, so it is worth checking before you offer.
Can I get a Waverley home loan if I am self employed?
Yes, and plenty of Waverley buyers are freelancers, contractors and business owners. Most lenders want two years of tax returns, some accept one, and a few work from business bank statements. What moves the number is the add backs, because depreciation, one off costs and extra super contributions can often be counted back as income. Lenders read the same set of financials differently, so which one sees your file can change what you are able to borrow, sometimes by a lot.
What happens if the valuation comes in under the price?
The timing catches people out, because valuations only happen once contracts are exchanged, and an auction gives you no cooling off. Land a low one and your first move is a second lender, whose separate valuation panel can come back higher on the same home, particularly with fresh comparable sales in hand. If the number still holds, you make up the shortfall in cash at settlement. That is exactly why the cash buffer has to be ready before you sign, never something you sort out afterwards.
I live in Waverley but I am buying somewhere else. Can you still help?
Absolutely, it is a big slice of what we handle. Waverley renters near the junction routinely buy first homes in Coogee, Maroubra or right across town, and owners here pick up investments all over Sydney. The address on the contract shifts which lenders and rules apply, not the way we work alongside you. We meet by phone, Zoom or Teams, or drive out to you, weeknights and weekends, wherever the purchase ends up.
Your Waverley mortgage broker
Your home loan.
Made simple.
Free check. No pressure. 35+ lenders compared at $0 cost to you.
Waverley does not sit on its own. It wraps around Bondi Junction, with Bondi and the beach just over the ridge and Paddington a short run towards the city. The coast runs south through Bronte and Clovelly to Coogee and Maroubra, with Randwick inland. The harbour suburbs run out through Bellevue Hill, Rose Bay and Vaucluse to Watsons Bay. We cover all of them, so if your search shifts a suburb or two, you are not starting from scratch.