St.George launches brand new Property App for first home buyers

Tom Watson

24 Feb 2020

First home buyers using new st george property app content

First home buying intentions are on the rise according to new figures released this morning by St.George Bank, with three million first time buyers set to dive into the Australian property market in the next five years - a 34% increase on 2018 figures. 

That’s according to the 2020 St.George Home Buying Survey which canvassed the opinions of nearly 1,500 Australians across the country between November and December 2019. 

While the results showed a keen interest among many Australians to enter the housing market for the first time, the survey also revealed what many first time buyers perceive as a major challenge to buying a home. 

And no, it’s not just the cost of putting together a home loan deposit. 

90% of first home buyers believe that the whole home buying process is antiquated and needs to ‘catch up’ to the digital age.  

RELATED: 6,500 loans being processed under the First Home Loan Deposit Scheme so far

Meanwhile, a further 84% of first time buyers reported in the survey that the home loan application process was both time consuming and inconvenient. 

That’s perhaps unsurprising given that St.George also reported that the process of finding the ‘right’ property and then applying for a home loan takes first home buyers the equivalent of a full working week (44 hours). 

To help streamline the entire process for first time buyers from start to finish, St.George has come up with its very own digital solution though. Introducing...

The St.George Property app

Available for download to Apple users, St.George Bank has launched its very own Property App. 

The app not only allows users to search for properties in their desired location or suburb, it features what the bank has described as ‘Australian-first’ search technology which matches prospective buyers with homes based on their ‘lifestyle preferences’ and ‘points of interest’. 

According to Ross Miller, General Manager for St.George Bank, the ‘game changing’ feature allows house hunters to search based on their ‘ideal wish list’ or ‘non negotiables’ instead of just by location, potentially opening up far more options and locations that buyers may not have initially considered.

“For example if being beachside and close to schools is top of your list, searching by these functions may reveal a whole range of ideal properties in previously unconsidered locations and, within your price range,” he said. 

“Users can prioritise commuting times, by what method of transport, proximity to bars and restaurants and even their parents’ house or schools. They can also set their search for what type of area they want to live in such as ‘beachy’, ‘leafy’ or city.”

Of course, buyers will still be able to search for properties via a suburb or postcode, as well as filter results based on features such as price range, property type (land, house, apartment) and property features (bedrooms, bathrooms, car spaces).  

There’s also a financial component to the app. St.George customers will be able to gain insights such as how much they’ll need to borrow for a certain property and how much loan loan repayments will be.

RELATED: First home buyers - what you need to know

Getting ready to start the hunt for your first home but not sure where to start comparing mortgages? Check out some of the hot home loan offers in the table below, or head on over to Mozo’s dedicated first home loans comparison hub for even more great rates.

Compare home loans 2020

Rates updated daily. Advertiser disclosure.

  • loans.com.au
    Mozo Expert Choice Badge" style="width:60px;">

    1.99% p.a.variable for 12 months and then 2.48% p.a. variable

    2.47% p.a.

    $1234

    Product details Close details
    Smart Booster Home Loan

    1 Year Discounted Variable Rate, Owner Occupier, Principal & Interest, <80% LVR

    1.99% p.a.variable for 12 months and then 2.48% p.a. variable

    2.47% p.a.

    A super low introductory rate home loan with no monthly or ongoing fees. Unlimited free redraws and unlimited additional repayments to help you build your equity and own your home sooner. Multiple loan splits available. (Rates revert after introductory period ends). 20% minimum deposit required. Winner of two Mozo Expert's Choice Award for 2021.

    Smart Booster Home Loan

    A super low introductory rate home loan with no monthly or ongoing fees. Unlimited free redraws and unlimited additional repayments to help you build your equity and own your home sooner. Multiple loan splits available. (Rates revert after introductory period ends). 20% minimum deposit required. Winner of two Mozo Expert's Choice Award for 2021.

    • 1.99% p.a.variable for 12 months and then 2.48% p.a. variable

    • 2.47% p.a.

    • $520

    • $0.00

    • $0.00

    • yes - free

    • yes - free

    • Optional - with 0.10% additional interest

    • $520

    • 80.00%

    • $50,000

    • $1,000,000

    • Variable

    • Principal & Interest

    • Owner Occupier

    • Weekly, Fortnightly, Monthly

    Read our Mozo Review to learn more about the Smart Booster Home Loan

    Details Close

  • UBank

    1.75% p.a.
    fixed 3 years

    2.22% p.a.

    $1234

    Product details Close details
    UHomeLoan

    Owner Occupier, Principal & Interest

    1.75% p.a.
    fixed 3 years

    2.22% p.a.

    $0 fees and easy application. Choose between weekly, fortnightly or monthly repayments. 3 year fixed rates are for new Owner Occupier Principal & Interest loans.

    UHomeLoan

    $0 fees and easy application. Choose between weekly, fortnightly or monthly repayments. 3 year fixed rates are for new Owner Occupier Principal & Interest loans.

    • 1.75% p.a.
      fixed 3 years

    • 2.22% p.a.

    • $0

    • $0.00

    • $0.00

    • yes - free up to $20,000 p.a.

    • no

    • no

    • $0

    • 80.00%

    • $100,000

    • $2,000,000

    • Fixed

    • Principal & Interest

    • Owner Occupier

    • Weekly, Fortnightly, Monthly

    • $395 Establishment fee waived for fixed rate loans that settle by 30 September 2022. Receive 1.75% 3 year fixed rate when you apply by 29 April 2021 and settle within 90 days.

    Read our Mozo Review to learn more about the UHomeLoan

    Details Close

  • Macquarie

    2.09% p.a.
    fixed 3 years

    2.43% p.a.

    $1234

    Product details Close details
    Basic Home Loan

    Fixed, Owner Occupier, Principal & Interest, LVR<70%

    2.09% p.a.
    fixed 3 years

    2.43% p.a.

    Get a flexible loan structure with up to six loan accounts with different rate types. Make free extra repayments. Enjoy free redraw facility. No upfront or ongoing fees. Option to earn Qantas points.

    Basic Home Loan

    Get a flexible loan structure with up to six loan accounts with different rate types. Make free extra repayments. Enjoy free redraw facility. No upfront or ongoing fees. Option to earn Qantas points.

    • 2.09% p.a.
      fixed 3 years

    • 2.43% p.a.

    • $0

    • $0.00

    • $400.00

    • yes - free

    • yes - free

    • no

    • $0

    • 70.00%

    • $150,000

    • $750,000

    • Fixed

    • Principal & Interest

    • Owner Occupier

    • Monthly

    Read our Mozo Review to learn more about the Basic Home Loan

    Details Close

  • Athena
    Mozo Expert Choice Badge" style="width:60px;">

    2.19% p.a. variable

    2.19% p.a.

    $1234

    Product details Close details
    Celebrate Variable Home Loan

    <60% LVR, Owner Occupier, Principal & Interest

    2.19% p.a. variable

    2.19% p.a.

    Fast and efficient online application. Automatic discounts as loan is paid off. Free extra repayments and redraw facility. Zero fees to consider. Min 40% deposit required. Winner of three Mozo Expert's Choice Award for 2021.

    Celebrate Variable Home Loan

    Fast and efficient online application. Automatic discounts as loan is paid off. Free extra repayments and redraw facility. Zero fees to consider. Min 40% deposit required. Winner of three Mozo Expert's Choice Award for 2021.

    • 2.19% p.a. variable

    • 2.19% p.a.

    • $0

    • $0.00

    • $0.00

    • yes - free

    • yes - free

    • no

    • $0

    • 60.00%

    • $100,000

    • $2,000,000

    • Variable

    • Principal & Interest

    • Owner Occupier

    • Weekly, Fortnightly, Monthly

    Read our Mozo Review to learn more about the Celebrate Variable Home Loan

    Details Close

  • Homestar

    1.79% p.a. variable

    1.84% p.a.

    $1234

    Product details Close details
    Star Gold Home Loan

    Owner Occupier, Principal & Interest, Refinance Only, <60% LVR

    1.79% p.a. variable

    1.84% p.a.

    An exceptional low rate for owner occupiers with 40% or more equity in their home. No ongoing fees. Unlimited additional repayments with free online redraws. loan size $250k to $850k, no construction loans. Metro Areas Only.

    Star Gold Home Loan

    An exceptional low rate for owner occupiers with 40% or more equity in their home. No ongoing fees. Unlimited additional repayments with free online redraws. loan size $250k to $850k, no construction loans. Metro Areas Only.

    • 1.79% p.a. variable

    • 1.84% p.a.

    • $910

    • $0.00

    • $535.00

    • yes - free

    • yes - free

    • yes

    • $910

    • 60.00%

    • $250,000

    • $850,000

    • Variable

    • Principal & Interest

    • Owner Occupier

    • Weekly, Fortnightly, Monthly

    • Limited time offer for applications received by 31 May 2021 and settled by 31 August 2021.

    Read our Mozo Review to learn more about the Star Gold Home Loan

    Details Close

^See information about the Mozo Experts Choice Home loans Awards