Tuyet Doan, Borey Yim and Kevin Vo, who have become multi-site franchisees, co-running the successful Aussie store in Cabramatta since it opened in 2018, have been joined by David Freeman as a co-franchisee in the new store in Bankstown CBD.
Ms Doan says mortgage brokers at Aussie Bankstown can help customers, whose choices are often limited to the big banks, set a plan in place to achieve their goals.
“We see a big opportunity here to help the local community in Bankstown,” she said.
“Bankstown is still an affordable area in Sydney with a great multicultural atmosphere and community and we are seeing strong demand from buyers, especially first home buyers, many of whom are taking advantage of the Federal and State Government incentives to purchase properties in an area where there have been recent upgrades to infrastructure, public transport along with lots of new apartment and housing estates.
“Our new store has come at the right time, providing the growing demand from Bankstown’s home buyers with expert home loan guidance and outstanding service, who may be able to save thousands of dollars and years off their mortgages.”
According to Aussie’s Buy vs Rent Report 2020, the median value for units in the suburb of Bankstown is just $485,876 which means borrowers could expect to pay around $423 per week on a 2.35 per cent, three-year, fixed rate, home loan.
“When comparing weekly rental rates to weekly mortgage repayments in Bankstown, the weekly difference is modest, so why pay a landlord when you could potentially pay the same amount – or less monthly – on a place you can call your own? Ms Doan said.
“We are also seeing a lot of existing borrowers seeking to refinance their mortgages amid what has been a challenging year. Many are wanting to take advantage of the low interest rates and competitive lender options, including generous cashback deals.”
Aussie Bankstown is at Unit 6, 294 Chapel Road, Bankstown and is open Monday to Friday, 9.30am-6pm and Saturdays, 9.30am-2pm. Make an appointment by calling 0488 816 869 or visiting aussie.com.au/bankstown.
