Local · Padstow NSW 2211 Mortgage broker in Padstow
I live and work in Padstow, and work with clients anywhere in Australia by phone or video. Whether it’s a first home, buying again, investing or refinancing, I start with your real number.
Key takeaways
- Based in Padstow, NSW 2211. Clients anywhere in Australia by phone or video.
- The 5% Deposit Scheme cap in Sydney is $1.5 million, so a $75,000 deposit could reach the top of that range.
- NSW first home duty concessions stop at $1 million. From there, everyone pays the same: $48,187 at $1.2 million.
- The session is free, and you leave with your number whether or not you apply.
Saving 20% first
- Deposit
- $300,000
- Stamp duty
- $63,787
5% Deposit Scheme
- Deposit
- $75,000
- Stamp duty
- $63,787
Illustrative. Established home in NSW, eligible buyer, general duty rate (no first home concession at this price). Duty from my NSW calculator. Excludes lender, legal and other costs.
Your real number at local prices
Four price points. The deposit is 5% under the scheme, and the stamp duty is for an established home in NSW.
| Price | 5% deposit | Duty, first home buyer | Duty, owned before |
|---|---|---|---|
| $850,000 | $42,500 | $9,797 | $32,437 |
| $1,000,000 | $50,000 | $39,187 | $39,187 |
| $1,200,000 | $60,000 | $48,187 | $48,187 |
| $1,500,000 | $75,000 | $63,787 | $63,787 |
Illustrative price points, not local medians. NSW First Home Buyers Assistance Scheme: no duty on an established home up to $800,000, a concession to $1 million. Duty from my NSW calculator, checked against Revenue NSW’s worked examples. Eligibility applies.
Who I help around Padstow
- First home buyers on good incomes who were told to save 20% first. First home buyers.
- People buying again after a separation, a sale or a move. Starting again.
- Renters who want to invest without leaving the suburb they love. Investment loans.
- Tradies and business owners, where how a lender reads your income matters most. Self-employed.
- Homeowners who want to refinance or bring several debts into one. Refinance and debt.
Where I’m based
I’m based in Padstow, in the City of Canterbury-Bankstown. Many clients prefer a phone or video call, and that works just as well.
How to choose a mortgage broker in Padstow
Plenty of brokers say they’re the best. Here’s a checklist instead. A good broker should:
- Work out your full cash need, deposit plus duty plus fees, before talking about lenders.
- Check the government schemes you may qualify for first.
- Tell you which lenders they compared, and why they recommend one.
- Show you their commission, in dollars, before you apply.
- Give you the catch on every option, in writing.
- Stay with you after settlement and review your loan.
Then read their reviews, and see whether the way they talk about your situation makes sense to you. You can read mine on Google.
Why a local broker who’s also an accountant
I’m a Chartered Accountant (FCA, ICAEW). In accounting, nobody signs off a number they haven’t checked, and I bring the same habit to home loans. Your real number comes first: the deposit, the stamp duty and the fees at your price. Then every way in, with the catch on each.
Being local means I know what people around here are weighing up: a unit or townhouse now, or a house later; staying near family and schools; buying an investment while renting where you love. Whatever you choose, it should be your pace.
FAQ Questions clients ask
Is there a mortgage broker in Padstow?
Yes. I’m Eric Ng, a Chartered Accountant (FCA, ICAEW) and home loan broker based in Padstow, NSW 2211, and I work with clients anywhere in Australia by phone or video.
How do I choose the best mortgage broker in Padstow?
Look for a broker who explains every option in writing, tells you how they’re paid, compares a panel of lenders and reviews your loan after settlement. Read their Google reviews and ask which lenders they compared for you. Be wary of anyone who promises a yes before seeing your file.
What is the 5% Deposit Scheme price cap in Padstow?
Padstow is in Sydney, where the price cap is $1.5 million. Eligible buyers can buy up to that price with a 5% deposit, or 2% for eligible single parents, with no income cap since 1 October 2025.
Do first home buyers pay stamp duty in Padstow?
NSW first home buyers pay no transfer duty on an established home up to $800,000, and a reduced amount up to $1 million. From $1 million, they pay the same duty as everyone else: $39,187 at $1 million and $63,787 at $1.5 million.
Do I have to meet in person?
No. Many clients prefer a phone or video call, and that works just as well.
Does it cost anything to see a mortgage broker in Padstow?
The Real Number Session is free. If you go ahead with a loan, I’m usually paid a commission by the lender, and I show you how much in writing before you apply.
Read next
Get your real number in one 30-minute session.
Your plan. Your pace.
Book 30 minutes by phone or video, and leave with your real number.