A mortgage broker who knows Strathmore.

Strathmore is the furthest of our suburbs from the city, about 9.9 kilometres north-west, and the most suburban in feel. It is built around family homes on generous blocks, strong school catchments and the Lloyd Street shops, with Strathmore station on the Craigieburn line handling the commute. It is quiet, green and firmly residential.

We are a local broker working from Essendon and Carlton North, right next door, so we know this pocket of the inner north-west well. Strathmore is a settled, family suburb. More than four in five homes are owner-occupied, the highest in the area, the typical household is a couple with school-age children, and homes are held for around fifteen years. That profile means our work here is weighted towards families upgrading, established owners refinancing, and the occasional equity release for a renovation, rather than first home unit buyers.

What property costs here

These are the median prices of homes that actually sold in Strathmore over the twelve months to July 2026, with the middle of the market shown by the lower and upper quartiles so you can see the spread rather than a single number.

Here is how the Strathmore medians translate into deposit and borrowing numbers, as a starting point rather than a quote.

Deposits and LMI

• A 20 per cent deposit on the median house is roughly $310,000, which avoids Lenders Mortgage Insurance.
• You can buy with less. Below 20 per cent, LMI usually applies and can be added to the loan.
• We calculate the exact deposit, LMI and repayments for the price you are targeting, across our lender panel.

Families and refinancing

Strathmore's high owner-occupancy means much of the local demand is from existing owners: families upgrading within the suburb, and owners refinancing loans that have drifted off current pricing. Our refinancing review covers both. First home buyer schemes rarely apply to houses here, which sit above the $950,000 cap; the First Home Buyer Hub has the full rules.

Strathmore's family, owner-occupier profile shapes who we help here.

Families upgrading

Moving to a larger home or a better school catchment within the area. We look at buy-first or sell-first, bridging where it fits, and how to structure the new loan.

Owners refinancing

With the highest owner-occupancy in the area and long-held homes, drifted rates are common. Our refinancing review tells you plainly where you stand.

Renovators

Family homes on good blocks are often renovated rather than replaced. We structure equity release to fund the work.

Investors

Less common given the owner-occupier profile, but we can model the borrowing for a specific property and hand tax questions to your accountant.