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Eric Cui from Alliance Mortgage Solutions has been crowned 2014's Young Broker of the Year.
The 30-year-old had a stellar 2013/2014, writing 381 residential loans at an average of $502,800 for a total of $191.6 million. He also wrote $1.2 million of non-residential loans.
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Mr Cui has greatly improved on last year's results, when he placed 19th with residential volumes of $55 million.
His main clients are Chinese-Australian upgraders based around Eastwood and Epping in north west Sydney.
The Adviser's Young Broker of the Year rankings, which were conducted in partnership with Citibank, identified the country's 30 best brokers aged 30 and under. Click here to see the full list.
The results were weighted, with 40 per cent value given to residential volumes, 40 per cent to total volumes and 20 per cent to 'other' volumes.
Mortgage Choice Brisbane general manager Matt Cunliffe climbed from third to second after recording total volumes of $159.2 million.
Another Alliance Mortgage Solutions broker, Ao Tang, made his debut in the annual rankings in third place. Mr Tang finished the last financial year with total volumes of $164 million.
Mortgage Choice Cannington principal Leteisha Pileggi fell from second to fourth, although her residential volumes actually climbed, from $81.8 million to $84.1 million.
Mark Polatkesen, a Loan Gallery broker based in Melbourne, debuted at fifth. He wrote $85.1 million of loans.
Last year's winner, James Chatfield from Chatfield Consulting, placed sixth, despite his mortgage sales skyrocketing from $88.3 million to $130.8 million.
The top 10 was rounded out by My Address Finance founder George Samios, Future Finance Group director Amie Tennant, Home Loan Experts broker Hoa Hong and Mortgage Choice Whittlesea owner Fab Mastro.
The Adviser's editor, James Mitchell, said this year's rankings prove that broking is continuing to attract plenty of talented, younger Australians.
"People sometimes wonder where the next wave of talent is coming from – well, this year's list of Australia's top 30 young brokers answers that question," Mr Mitchell said.
"Veteran brokers have made, and continue to make, an incredible contribution to the industry. But every industry needs a regular infusion of young blood to provide fresh energy and ideas."
Mr Mitchell said this year's rankings also show the strength of Australia's property market.
"Our top 30 brokers wrote a combined $1.9 billion of residential loans in 2013/2014, which was a massive 26.6 per cent increase on the previous financial year," he said.
"With interest rates at historic lows, and with brokers now writing more than 50 per cent of mortgages, it's fair to say there has never been a better time to be a broker."
Click here to see the full list.
