Shaun McGowan, the founder of Money.com.au, has made headlines with his recent acquisition of the premium domain MortgageBroker.com.au for $295,000. The transaction was facilitated by Erhan Karabardak of Cooper Mills Lawyers. This purchase highlights both his strategic expansion in the home loan market and the growing strength of the Australian domain name market.
The Value of Premium Domain Names in Australia
McGowan’s acquisition reflects the increasing importance of exact-match domains in the digital landscape. As more businesses move online, owning a domain that precisely matches the product or service offered enhances credibility and search engine optimization (SEO), ultimately improving user trust. McGowan’s previous ventures, such as Beep.com.au and CarLoans.com.au, showcase how domain names can drive significant business growth. For example, CarLoans.com.au saw a 60% increase in business volume after rebranding, demonstrating the power of a well-chosen domain.
MortgageBroker.com.au: Filling a Market Gap
The newly launched MortgageBroker.com.au aims to bridge a gap in the home loan market. With over 70% of Australians preferring to use a mortgage broker, McGowan sees a significant opportunity to streamline the borrowing process. The site allows users to compare home loan products, check interest rates, and connect with trusted mortgage brokers, positioning itself as a one-stop hub for borrowers.
With approximately 20,000 monthly searches for mortgage broker-related terms in Australia, the acquisition of MortgageBroker.com.au is not only timely but strategically aligned with consumer needs. This exact-match domain is expected to significantly reduce marketing expenses while increasing organic traffic, making it a valuable long-term investment for McGowan’s online portfolio.
The Growing Australian Domain Name Market
The $295,000 price tag on MortgageBroker.com.au is one of the highest recorded for a .com.au domain, and follows McGowan’s previous purchase of Money.com.au for $400,000 (for more sales dont forget to check out Australia’s most comprehensive sales list here at DNJ). This reflects the burgeoning value of Australia’s domain market, where premium domain names are increasingly seen as essential assets for businesses looking to solidify their digital presence.
In a market where online searches are the first step for most consumers, owning a high-value domain name like MortgageBroker.com.au not only enhances brand visibility but also strengthens search engine rankings. As McGowan notes, premium domains help establish a website as an authoritative source in its field, leading to improved trust and recognition among consumers.
Conclusion
Shaun McGowan’s acquisition of MortgageBroker.com.au is a testament to the importance of premium domain names in today’s digital economy. With the Australian domain name market on the rise, businesses that invest in exact-match domains stand to gain a competitive edge, benefiting from enhanced SEO, reduced marketing costs, and increased consumer trust. The future looks promising for MortgageBroker.com.au as it positions itself as a leader in Australia’s mortgage comparison market.
For more information, visit MortgageBroker.com.au.
A very good domain! Wonder if GST was on top of this price? .. 14 letters, 2 words. End user to end user sale – domain only. 20,000 searches per month! Congrats Shaun, will pay for itself pretty quick given the CPC