Lower Your Rate
Refinance your home loan across 107 Australian suburbs. Lower your rate, reduce repayments, or access equity for renovations, investments, or debt consolidation.
Why refinance with Ding Financial?
We compare refinance options from 30+ lenders to find you a better deal on your home loan.
Lower your rate
We find competitive rates from 30+ lenders to help lower your monthly repayments.
Access equity
Tap into your home equity for renovations, investments, or consolidating debts.
Not owned by a bank
We're privately owned and work for you, comparing options from our wide lender panel.
Data Disclaimer & Methodology
Data Sources
Median Property Prices: Sourced from publicly available market data including CoreLogic, Domain, realestate.com.au, and state government property records. Median prices represent the middle point of recent sales data and are updated periodically. Prices shown are indicative only and may not reflect current market conditions at the time of viewing.
First Home Owner Grants (FHOG): Information is based on current state and territory government programs as published on official government websites. Grant amounts and eligibility criteria are subject to change without notice. FHOG availability varies by state/territory and property type (new vs. existing).
Stamp Duty Exemptions & Concessions: Based on published state revenue office guidelines and legislation. Exemption thresholds, percentage concessions, and eligibility requirements are determined by each state/territory government and are subject to legislative changes.
Total Grants Calculations: Represents the sum of available first home buyer incentives including FHOG, stamp duty savings, and other applicable concessions. Actual entitlement depends on individual eligibility criteria.
Grant Eligibility Requirements
First Home Owner Grant (FHOG): Typically requires that you:
- Are a first home buyer (never owned property before)
- Are an Australian citizen or permanent resident
- Are purchasing or building a new home
- Meet the property price cap for your state/territory
- Intend to occupy the property as your principal place of residence
Stamp Duty Concessions: Eligibility varies significantly by state and may require:
- First home buyer status
- Property value below state-specific thresholds
- Citizenship or permanent residency
- Owner-occupier commitment for minimum periods (typically 12 months)
- Additional criteria specific to each state/territory
Important: Eligibility criteria, grant amounts, and property price caps vary by state and are subject to change. Some grants may not be available for established (non-new) properties. Always verify current requirements with your state revenue office.
Calculation Methodology
Median Property Price:
Calculated as the middle value of all recent sales transactions in the suburb over a specific period (typically 12 months). This means 50% of properties sold for more than the median, and 50% sold for less. The median is less affected by extreme values than an average.
Note: Individual property prices can vary significantly based on location within suburb, property type, size, condition, and features.
First Home Owner Grant (FHOG):
Displayed amounts are the maximum available FHOG for new properties in the relevant state/territory. The actual grant you receive depends on:
- Property being new construction or substantially renovated
- Meeting the property price cap for your state
- Satisfying all eligibility requirements
Stamp Duty Exemption/Concession:
Calculated based on the property price and the applicable state/territory stamp duty schedule. Exemptions may be full (100%) or partial (percentage-based) depending on:
- Property value relative to state thresholds
- First home buyer status
- Property type (new vs. established)
- State-specific eligibility criteria
Example: A property under $650,000 in NSW may qualify for full stamp duty exemption for eligible first home buyers.
Total Grants:
Total Grants = FHOG + Stamp Duty Savings + Other Applicable Concessions
This represents the maximum combined benefit for eligible first home buyers. Your actual entitlement may be lower based on property price, type, and individual circumstances.
Important Disclaimers
Not Financial or Legal Advice: The information provided on this website is general in nature and does not take into account your personal objectives, financial situation, or needs. This information is not financial advice, tax advice, or legal advice. You should seek independent professional advice before making any property purchase decision.
Grant Eligibility Not Guaranteed: Displaying grant information does not guarantee your eligibility. You must independently verify your eligibility with the relevant state/territory revenue office before relying on any grant or concession. Eligibility requirements are complex and subject to change.
Data Currency & Accuracy: While we strive to keep information current, property data and government grant programs change frequently. Data may be outdated at the time of viewing. Always verify current median prices, grant amounts, and eligibility criteria with official sources before making decisions.
Individual Circumstances Vary: The grants and savings shown represent maximum potential benefits under ideal circumstances. Your actual entitlement will depend on:
- The specific property you purchase (price, type, location)
- Your citizenship/residency status
- Your property ownership history
- Your intended use of the property (owner-occupier vs. investor)
- Changes to government programs between now and your purchase
State/Territory Variations: First home buyer programs vary significantly between states and territories. A grant available in one state may not exist in another. Price thresholds, grant amounts, and eligibility criteria are state-specific.
No Warranty: We make no warranty as to the accuracy, completeness, or timeliness of the information provided. We accept no liability for decisions made based on this information.
Additional Costs: Property purchase involves significant additional costs beyond the purchase price, including but not limited to: conveyancing/legal fees, building and pest inspections, loan establishment fees, lender's mortgage insurance (LMI), ongoing costs (council rates, strata fees, insurance, maintenance), and potential capital gains tax on future sale.
Regulatory Information
ASIC Compliance: This information is provided in accordance with Australian Securities and Investments Commission (ASIC) guidelines for property and financial information. We are a licensed credit provider, not a real estate agent or financial advisor.
Licensed Services: Ding Financial Pty Ltd ACN 110 490 947 is an authorised Credit Representative Number 517980 of Global Mutual Funds Pty Ltd ACN 090 555 436 AFSL/Australian Credit Licence 222640. We are licensed to provide credit assistance and can help you with home loan applications, but we do not provide property investment advice or guarantee grant eligibility.
Verification Required: Before making any property purchase or relying on grant information, you must:
- Verify current median prices with real estate agents and recent sales data
- Confirm grant eligibility with your state/territory revenue office
- Obtain independent legal advice and have a solicitor review contracts
- Arrange building and pest inspections
- Obtain a professional property valuation
- Seek independent financial advice regarding affordability and suitability
- Consult a tax advisor regarding stamp duty, capital gains tax, and other tax implications
Official Grant Resources
Always verify grant eligibility and amounts with official state/territory revenue offices:
- NSW: Revenue NSW - revenue.nsw.gov.au
- VIC: State Revenue Office Victoria - sro.vic.gov.au
- QLD: Queensland Revenue Office - qro.qld.gov.au
- WA: Revenue WA - wa.gov.au/organisation/department-of-finance/reveneuewa
- SA: RevenueSA - revenuesa.sa.gov.au
- TAS: State Revenue Office Tasmania - sro.tas.gov.au
- ACT: ACT Revenue Office - revenue.act.gov.au
- NT: Territory Revenue Office - revenue.nt.gov.au
Data Currency & Updates
Suburb data is updated periodically based on publicly available information. Market conditions and government programs change frequently. The information displayed may not reflect current conditions. Always verify data with current market research, state revenue offices, and professional advisors before making property purchase decisions. Last database update: November 2025.
Questions about grants, pricing, or need help with your home loan? Book a complimentary consultation with our licensed brokers who can help verify your eligibility and guide your purchase.
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Frequently Asked Questions
Get instant answers to common questions about home loans, grants, and the buying process.
Q1.When should I refinance my home loan?
Consider refinancing when your current rate is 0.5% or more above market rates (could save $3,000+/year on $500,000 loan), your fixed term is ending, you want to access equity for renovations or investments, or you need better loan features. Compare total costs including fees ($1,500-$3,000) against savings.
Q2.How much does refinancing cost?
Refinancing costs typically $1,500-$3,000 including application fees ($0-$600), valuation ($200-$600), settlement ($300-$800), discharge ($150-$400), and government fees ($150-$300). Breaking a fixed loan early can cost $5,000-$30,000 extra. Many lenders offer cashback ($2,000-$4,000) to offset costs.
Q3.Can I refinance with bad credit or defaults?
Yes, refinancing with bad credit is possible through specialist lenders. Paid defaults over 2 years old are more acceptable. Expect rates 0.5-1.5% higher than standard (7-8% vs 6-6.5%). Require 20% equity minimum, strong employment, and explanation for credit issues. Use experienced broker for best options.
Q4.What is equity and how much can I access when refinancing?
Equity is your property value minus loan balance. Lenders typically allow borrowing up to 80% LVR. Example: $800,000 property with $400,000 loan = $400,000 equity. Can access $640,000 total (80% LVR) minus $400,000 existing = $240,000 accessible equity for renovations, investments, or debt consolidation.
Q5.How long does refinancing take?
Refinancing takes 3-6 weeks typically: Week 1-2 for application and valuation, Week 3-4 for assessment and approval, Week 5 for documentation signing, Week 6 for settlement. Faster (2-3 weeks) with simple applications and online lenders. Longer (6-12 weeks) for self-employed or complex situations.
Q6.What documents do I need to refinance?
Required documents include: identity (license, passport, Medicare), income proof (2 payslips, 2 years tax returns if self-employed, employment letter), asset statements (bank statements for 3-6 months, investment statements), liability documents (current loan statements, credit card statements), and property documents (rates notice, insurance policy).