Renovate or Relocate

As times change, so does the ‘dream’ home.

As you grow, your needs, preferences, and situations change. The question many homeowners face is, ‘renovate or relocate’. The decision is not easy and requires careful consideration and research. Use our resources below to help you make an informed decision.

Is renovating the best option for you?

If you love your property’s location, and there is existing room for you to renovate this may be an option for you. Renovating is equally valuable if your suburb is experiencing capital growth. This indicates the high demand to live there.

Therefore, it may be cheaper to renovate than it would be to sell and repurchase in the area. Instead of a new mortgage for a new home, you may be able to use your home equity to obtain a construction loan or a small mortgage to fund the renovation.

Use the Avant Property Report# generator provided by CoreLogic to learn about your suburb’s growth and property insights. Learn what finance solutions are available to you by scheduling a call with an Avant finance specialist today.

Is renovating the best option for you?

Is relocating the best option for you?

Relocating, particularly for growing families, could be a suitable option if there is no time, no space, or it is too expensive to build your ideal home. Additionally, if your current suburb’s features and demographics do not suit your lifestyle, buying elsewhere is worth considering.

Learn about suburbs’ growth, demographics and facilities through an Avant Property Report# provided by CoreLogic and speak with a property specialist to determine your borrowing capacity and obtain pre-approval.

Is relocating the best option for you?

What is behind the door?

Avant Financial Services has partnered with CoreLogic to provide property reports free of charge#. The reports contain data used by real estate agents and banks and help you gain insight into:

• Property’s estimated sale value
• Suburb price growth
• Demographics
• School catchment zones
• Comparable properties on the market, including data on recently sold properties.

This information can help you weigh up the benefits of renovating or relocating homes.

What is behind the door?
Kapunda, South Australia

Gain a client’s perspective

Discover what it’s like to have a dedicated Avant finance specialist on your side.

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I was being laughed out of the bank by the managers. They said 'come back in ten years time when you’re qualified...' Penny took away the difficulties associated with dealing with the banks, that really enabled us to buy our first house.
Matthew Read

Upper GI surgeon, St Vincent's hospital Melbourne

Why Avant Experience a level of personalised service, guidance and care that places your financial needs and aspirations at the centre of everything.

Partner with one advisor

Build a relationship with a skilled and experienced doctor’s lending specialist who provides a level of personalised service and care you’ve been missing from your traditional banking experiences.

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Save valuable time

From direct phone, email and in-person contact with your dedicated advisor, to prompt solutions, minimal paperwork and consistent updates, we ensure your entire home loan experience is as immediate, beneficial and easy as possible.

Secure better home loans

Maximise your opportunities to acquire the ideal home loan solution for your needs by taking advantage of our unparalleled medical lending expertise, senior banking industry contacts, range of lenders and options designed for doctors.

Know we give back

Avant supports doctors at all stages of their careers by providing funding to improve quality, safety and professionalism in the practice of medicine.

Exclusively for doctors

Career costs, contracts while in training, diverse career paths, interim income and complex earnings…our people understand doctor’s unique professional and financing challenges more intimately than other lenders.

Arrange all your financing

We go on your entire journey with you. Whether you’re buying or upgrading a property, car, practice, equipment or something personal, we have the custom loan products and lending partners to help you thrive at every stage of your career and life.

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Ready to know more? Get in touch to find out how we can help you achieve your home loan goals

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1300 99 22 08
You don’t feel like you’re just dealing with some institution – it’s a very personal, individualised approach.
Dr Kedar Humnabadkar

Consultant Obstetrician

Frequently Asked Questions

Some of the benefits of a Home Renovation Loan are:

• Flexible repayment options
• Flexible access to funds
• Competitive interest rates
• Quick and fast approvals.

The funds are available for almost any service, including:

• House maintenance
• Remodelling
• Painting
• New flooring
• Internal repairs
• External repairs.

Construction loans are approved specifically for your large renovation or build. You access those funds as progress payments instead of one lump sum.

For example, the bank may approve $500,000 for the construction, but these funds will be paid via drawdowns according to the progress payment schedule. They will not be made available all at once as they are in a renovation loan.

No, Avant property reports are free of charge. To obtain a property report, simply provide your details on the relevant form and then you will be emailed the requested information.

No, you can request as many property reports as required.

The authors behind the property reports are Core Logic. They are Australia’s leading provider of the very latest, accurate and powerful property insights and analytics.

We challenge convention.
We surprise our clients.
We are never ordinary.

Talk to a finance specialist today

1300 99 22 08

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