REDZED
“ RedZed ’ s main difference with traditional banks is our focus to ensure we take a common-sense approach to self-employed lending that is simple , fast and fair . By being easy to do business with our selfemployed customers can simply get on with achieving their ambitions ,” says Dontschuk .
Understanding the Operating Market Currently , Australia builds around 180,000 new homes each year . In 2019 , there were roughly 10.3 million homes in the Australian market worth a collective AU $ 6.6tn . “ The median home cost in Australia is AU $ 955,000 with average loan taken around AU $ 730,000 . The total Australian residential mortgage market was worth AU $ 2.1trn AU in 2019 ,” explains Dontschuk .
“ Australian housing prices continue to grow each year with the median house price increasing by around AU $ 103,000 in 2021 . RedZed ’ s largest market is in the state of Victoria and the majority of loans are from the east coast states .”
With this in mind , RedZed was founded by a team of people with experience in what it is like to be self-employed and is driven to find a better way to serve this market .
“ RedZed ’ s main difference with traditional banks is our focus to ensure we take a common-sense approach to self-employed lending that is simple , fast and fair ”