5% deposit under the Home Guarantee Scheme with rent history as genuine savings; pre-approved in four days and settled on a new build with progress payments.
First home buyers, Kingston
Mortgage Broker Hobart
Hobart is where Derwent Finance began in 2017 - and our Macquarie Street office remains our home base. We know the Hobart market street by street: from tightly-held Sandy Bay and Battery Point to the growth corridors of Kingston, Brighton and the Eastern Shore.
Hobart's market has its own personality: limited land supply between the mountain and the river, heritage housing stock that can raise valuation and lending quirks, and strong demand in pockets like West Hobart, New Town and Lenah Valley. We've financed hundreds of purchases across these suburbs and know which lenders' valuers treat Hobart property fairly.
Tasmanian buyers also have state-specific opportunities - first home buyer duty concessions and grants for new builds - which we factor into every strategy session alongside Federal schemes like the First Home Guarantee.
- FBAA Finance Broker of the Year 2025 (TAS)
- Since 2017
- 3,398+ clients helped
- 45+ banks & lenders
- FBAA member · ACL 384324
Common reasons Hobart borrowers contact us
- - Buying a home in Hobart
- - Refinancing an existing Hobart property
- - First home buyer finance in Tasmania
- - Investment property lending in Hobart
- - Construction and house-and-land finance
- - Self-employed and complex borrower scenarios
Areas we service in Hobart
Sandy BayBattery PointWest & North HobartNew TownLenah ValleyMount NelsonKingston & Blackmans BayBellerive & HowrahLindisfarneBrighton & Sorell corridors
Head Office
Visit us in Hobart
19 Macquarie St, Hobart TAS 7000
Head office since 2017, opposite Franklin Square
Monday – Friday: 8:30am – 6:00pmSaturday: 9:30am – 12:00pm (by appointment)Sunday: Closed
Two-hour street parking on Macquarie and Murray Streets; Argyle Street and Centrepoint car parks are a 4-minute walk. Metro buses stop at Franklin Square, 150 m away.
Your Hobart Team
Brokers based in the Hobart office
Local Knowledge
Lending in Hobart, suburb by suburb
What changes about a home loan depending on where in Greater Hobart you are buying — the things that only show up after you have done hundreds of local settlements.
Sandy Bay, Battery Point & Dynnyrne
Character homes, heritage overlays and older titles are common. Valuers rely on a thin pool of comparable sales, so we pre-check valuation risk before you commit to a price, and choose lenders comfortable with heritage-listed security.
West Hobart, North Hobart, New Town & Lenah Valley
Steep blocks, split-level renovations and dual-occupancy conversions. Lenders differ on how they treat granny flats and unapproved works — we match the property to a lender before the application, not after the valuation.
Kingston, Blackmans Bay & Margate
The main first-home-buyer corridor. House-and-land and new-build finance with progress payments, plus checking each contract against the state's duty and grant price thresholds.
Bellerive, Howrah, Lindisfarne & Rosny
Strong owner-occupier turnover and downsizer demand. Bridging finance and 'buy before you sell' structures are frequent requests here.
Brighton, Sorell, Midway Point & Old Beach
Growth corridors with new estates. Titled vs untitled land timing, construction lenders' build-time limits and rural-residential zoning all affect approval.
Glenorchy, Moonah, Claremont & Rokeby
Entry-level buying and investor activity. Rental shading, low-deposit options and Home Guarantee Scheme price caps matter most in these suburbs.
Tasmania-Specific
What's different about borrowing in Tasmania
- Duty concessions and grants change often
- Tasmania has run first-home-buyer duty concessions, pensioner downsizing concessions and the First Home Owner Grant for new builds with thresholds that have shifted several times. We confirm the current rules against your contract rather than relying on last year's numbers.
- Heritage, character and older titles
- Hobart has one of the oldest housing stocks in the country. Heritage listings, strata-titled conversions of old buildings and unusual titles can narrow the lender pool and affect valuations — we flag it before the application.
- Bushfire, septic, tank water and rural-residential blocks
- Many properties 20 minutes from the CBD are on tank water, septic systems or bushfire-prone land. Lenders treat these differently for LVR and valuation, so choosing the right lender first saves weeks.
- Construction timelines and trades availability
- Tasmanian build times can exceed lenders' standard construction periods. We select construction lenders with realistic build-time limits and clear variation processes.
- Tight rental market and investor lending
- Low vacancy rates support rental income but valuers are conservative on rent-driven pricing. Rental shading and how each lender treats short-stay accommodation income are the key variables.
Recognition
- FBAA Awards of Supremacy 2025 — Finance Broker of the Year (TAS)
- FBAA member since 2017
- 5.0 average Google rating across hundreds of reviews
Fixed rate expiring on a heritage-listed home; retention offer secured from the existing lender after the panel comparison showed the switch cost outweighed the saving.
Sandy Bay refinance
One year of financials accepted by a second-tier lender for a house-and-land purchase, with a plan to refinance to a major bank after the next tax return.
Self-employed builder, Brighton
FAQs
Hobart home loan FAQs
Do you have an office in Hobart?
Yes - our head office is at 19 Macquarie St in the Hobart CBD. Meet us in person, by phone or by video, whatever suits you.
What grants do Tasmanian first home buyers get?
Tasmania offers a first home owner grant for new builds and duty concessions for eligible established purchases, stackable with Federal guarantee schemes. We'll confirm current eligibility in your strategy session.
Do lenders treat Hobart property differently?
Valuations on heritage and character homes can vary between lenders' valuers, and some postcodes carry different policies. Local experience helps us choose lenders that assess Hobart property fairly.
Can you help if I'm moving to Hobart from interstate?
Constantly - we arrange pre-approvals for mainland buyers relocating or investing in Tasmania, handling everything remotely until you arrive.
Australia-Wide
We also service
What People Say
Testimonials
Google Reviews5.0
When it came time to find the home loan that was ideal for my first house, we collaborated directly with Emmanuel. Always making it a point to ensure that we were happy, he went out of his way to make sure that we had all we need, including making regular checks in to ensure that any questions or concerns that we had been resolved. Derwent Finance has earned our highest commendation, without a doubt!
Marguerite James
Emmanuel is the definition of a seasoned expert. I was approved in no time, and the process moved at a fast pace. It doesn't matter what time of day it is; if I have a question for him, I can generally count on him to answer it immediately. He's also incredibly easy to get along with. Working with Derwent Finance mortgage advisor team was a highlight of my time, and I highly recommend them.
Dorothy Graham
The team at Derwent Finance have been excellent at every step of our home buying journey - from pre-purchase, to settlement and to checking in afterwards. They made it both an enjoyable and easy journey - no question was too much trouble, communication is exceptional & there is always someone available to speak with you. I would recommend them to any prospective clients with no hesitation.
Jamie
Super knowledgeable and helpful staff. They are busy but always made time for us. We had a number of close calls without the settlement of our first property but the team at Derwent Finance were always quick and prompt to resolve issues as they came up. Highly recommend.
Tony Bose
I highly recommend Riley May and his team from Derwent Finance. They provide excellent service that have exceeded my expectations. They are trustworthy, reliable, and knowledgeable. Thank you!
Israa Khaleel
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- FBAA Finance Broker of the Year 2025 (TAS)
- Since 2017
- 3,398+ clients helped
- 45+ banks & lenders
- FBAA member · ACL 384324