Home loans in 3175
Mortgage broker for Dandenong North
Dandenong North has a median house price near $750,000, which makes it one of the more reachable established suburbs in the area. It is also a suburb where a lot of households have income that does not fit neatly on a payslip, and that is where most of the finance problems start.
Income that does not fit the box
Shift work, overtime and a deposit from family
Lenders treat income types very differently. Some count only base salary. Others will use 80% of your overtime and shift allowances, and a handful will take 100% if you work in certain industries. If a big share of what you actually earn comes from penalty rates, picking the wrong lender can cut your borrowing power by six figures for no reason other than policy.
Gifted deposits are the other one. Family help is common here and it is completely allowed, but lenders want it documented properly: a signed gift letter confirming it is not a loan, and often evidence the money has been in your account for a period. Get that wrong and the application stalls at the worst possible moment. We tell you what is needed before you ask your parents for the transfer, not after.
- Lenders matched to how you actually earn, including overtime and shift loading
- Gifted deposits documented properly the first time
- Experience with applicants on recent permanent residency
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Dandenong North market snapshot
What it costs to buy in Dandenong North right now
House medians for Dandenong North 3175 as at mid-2026. Property data moves, so treat these as a guide rather than a quote. Deposit figures are simple percentages of the median and exclude stamp duty, legal and other purchase costs.
How we help in Dandenong North
Whatever you're financing
First Home Buyers
Grants, guarantees and low-deposit schemes explained, so you can buy your first Dandenong North home with confidence.
Refinancing
Still on an old rate? We review your loan against the market and only switch you if it actually puts you ahead.
Home Loans
Buying your next home? We find the right rate and structure and handle the lender and paperwork for you.
Investment
Build a property portfolio that's structured to grow, equity, serviceability and structure working together.
Areas we serve
Dandenong North and across South-East Melbourne
From our Dandenong South base, we help clients right across the South-East, in person or online, whatever suits you.
- Dandenong
- Dandenong North
- Dandenong South
- Noble Park
- Springvale
- Keysborough
- Lyndhurst
- Hallam
- Endeavour Hills
- Narre Warren
- Berwick
- Cranbourne
- Clyde North
- Pakenham
Simple from start to finish
How it works
Free chat
We get to know your goals and borrowing power.
We compare
We search 35+ lenders and shortlist the options that fit.
We apply
We package and submit your application, and chase it for you.
Settlement
We see it through to approval, and stay in touch after.
Common questions
Dandenong North home loan questions, answered
Will lenders count my overtime and shift allowances?
Many will, though the proportion varies. A common position is 80% of consistent overtime with a two-year history, and some lenders go further for particular occupations. If penalty rates make up a meaningful part of your income, the lender you choose matters more than the rate you chase.
Can my parents gift me the deposit?
Yes, and it is very common. Lenders will generally ask for a signed letter confirming the money is a gift and not a loan you have to repay, because a repayable loan changes your serviceability. Some also want to see the funds held for a period before settlement. Worth getting the paperwork right up front.
Can I get a home loan on a temporary visa or recent PR?
Recent permanent residents are usually treated the same as citizens by most lenders. Temporary visa holders have far fewer options, often need a larger deposit, and may need Foreign Investment Review Board approval depending on the property and visa class. Tell us your visa subclass early and we will tell you honestly where you stand.
What deposit do I need in Dandenong North?
On a median house near $750,000, a 20% deposit is about $150,000. Under the First Home Guarantee an eligible first home buyer can buy with roughly $37,500 and pay no lenders mortgage insurance, which sits comfortably under the scheme's price cap for this suburb.
Ready to talk to a local Dandenong North broker?
Tell us your situation and we'll point you in the right direction, for free.