Victoria
Private lenders in Shepparton and the Goulburn Valley
How private property loans work in Shepparton and the Goulburn Valley, what they cost and how to compare them safely.
Quick answer
Private lenders in Shepparton and the Goulburn Valley offer short-term loans secured by property, judged mainly on the security and your exit plan. They cost more than banks, so compare the total cost, fees and exit before you commit.
The local picture
Shepparton is the main city of the Goulburn Valley in northern Victoria. Homes, orchards, dairy farms and food-processing premises are common security.
The Goulburn Valley is an irrigated food bowl, with fruit growing, dairy and processing plants. Water shares are recorded separately from the land title and can be a major part of a farm's value. Lenders take time to value rural land, so plan for a longer assessment. Titles are recorded with the Victorian Registrar of Titles and land tax is assessed by the State Revenue Office on land owned at 31 December.
Title, duty and tax in Victoria
Loans secured on property in Shepparton and the Goulburn Valley are recorded with Land Use Victoria. If you are buying, State Revenue Office Victoria charges land transfer duty; see VIC land transfer duty.
Loan types in Victoria
What it costs
Expect interest plus establishment, valuation and legal fees, and sometimes prepaid interest. Use the loan cost calculator to see the full cost of any offer.
Common questions
How do private lenders work in Shepparton and the Goulburn Valley?
They lend short term against property, judging mainly the security and your repayment plan. The loan is recorded on the title with Land Use Victoria.
How do I check a lender in Shepparton and the Goulburn Valley is legitimate?
Check the business on ASIC registers and ABN Lookup, avoid large upfront fees before a written offer, and have your own lawyer review the documents.
Do I need an exit plan?
Yes. Most private loans are short term, so lenders want a clear way to repay, such as a sale or refinance, plus a backup.
Also in Victoria: Melbourne, Geelong, Ballarat, Bendigo, Mornington Peninsula, Warrnambool and the Great Ocean Road, Latrobe Valley and Gippsland, Mildura and Sunraysia, Wodonga. All regions.