Why James and Lina Decided to Refinance in Sydney Olympic Park in 2025
James and Lina bought their apartment in Sydney Olympic Park in 2019.
Back then, the rate was decent, the loan was simple—and like many buyers, they set it and forgot it.
But in early 2025, their fixed rate ended… and their repayments jumped by nearly $600 a month.
They weren’t sure what to do. Should they ride it out? Refix? Refinance? That’s when they got in touch with me to talk through their options—no pressure, just clarity.
Refinancing Isn’t Just About Rates
A lot of people think refinancing is all about chasing a lower interest rate. And yes—James and Lina ended up reducing theirs by 0.75% pa. But the real value came from restructuring their loan to better suit their lifestyle.
We looked at:
- Their new financial goals
- Whether they wanted offset or redraw
- Their equity position (which had grown a lot since 2019)
What They Chose
In the end, they refinanced to a flexible variable rate loan with an offset account, no ongoing fees, and the ability to make extra repayments. It gave them more breathing room, and they’re now on track to pay off the loan 4 years earlier than before.
Should You Refinance in 2025?
If you live in Sydney Olympic Park or nearby and your fixed rate just ended, now is a great time to review your loan. Everyone’s situation is different—and refinancing isn’t always the best move. I can show you whether refinancing could be in your best interest or not.
If it’s worth it, I’ll tell you. If it’s not, I’ll tell you that too.