- Level 2
1/3 Janefield Dr
Bundoora VIC 3083 - Monday to Friday
8:30 AM – 6:00 PM - Call Us Now
1300 188 808
Blutin Finance is an independent mortgage broker serving Tullamarine and the rest of Melbourne’s northern suburbs. Our office is in Bundoora, a short drive east, and we work with first home buyers, families upgrading to a bigger house, long-term owners refinancing, and investors right across the 3043 postcode. We work with 45+ lenders, and over 95% of the applications we submit are approved, because we only submit the ones we believe will be.
If you’re buying, refinancing, or investing in Tullamarine, what follows covers the local market as we read it, the buyer situations we see most often here, and how we work.
We’re not a niche specialist. Roughly 45% of our clients are first home buyers, around 25% are refinancers, about 20% are investors, and the remaining 10% are self-employed, SMSF, and commercial borrowers. In a suburb like Tullamarine, that spread matters, because the suburb itself splits cleanly into the people buying their first unit and the families buying or holding a house.
MORTGAGE BROKER | TULLAMARINE
Nojan Rahimi is the director and principal broker at Blutin Finance. He has 14+ years in finance, including 8+ years as a specialist mortgage broker, and a background in corporate banking and SME lending. He’s MFAA-accredited and a Credit Representative (511410) of Connective Credit Services, which holds Australian Credit Licence 389328.
Nojan works with Tullamarine clients across the suburb’s two main buyer profiles — families buying or upgrading a house around the $800,000 mark, and first home buyers entering via a unit or townhouse — plus long-term owners refinancing or releasing equity in homes they’ve held for years. Meetings happen at our Bundoora office, by video, or at a time that works around shift work, including early mornings and evenings.
Tullamarine sits around 15km north-west of the Melbourne CBD, with Melbourne Airport forming its western edge. It’s an established, owner-occupier suburb, not a churn market. Around 62% of homes are owner-occupied, households are predominantly couples with children, and the average owner stays put for about 14 years. People buy here and they stay.
The market has two clear price tiers. As of mid-2026, houses sit around $800,000 on recent CoreLogic figures, while units and townhouses are a more accessible entry point in the mid-$500,000s. Houses have been selling in roughly 25 to 28 days lately, so it’s a reasonably active market rather than a stalled one. (Market figures are current as of May 2026 and move over time.)
That two-tier split shapes almost every conversation we have about Tullamarine. A two-bedroom unit and a three-bedroom house aren’t just different homes, they sit in different stamp duty brackets, attract different schemes, and call for different deposit strategies. We’ll walk through where your target property lands before you start house hunting, not after you’ve signed something.
“Can we afford a house here, or only a unit?” is the question most Tullamarine families arrive with. With houses around the $800,000 mark, the answer usually comes down to three things: your borrowing capacity, your deposit, and whether you’re prepared to pay Lenders Mortgage Insurance to buy sooner with a smaller deposit.
A house around $800,000 sits above the $750,000 Victorian first home buyer stamp duty concession cut-off, so full stamp duty applies if you’re a first home buyer at that price (current as of May 2026, verify at the SRO VIC). For upgraders selling an existing home to buy in Tullamarine, the bigger question is timing: whether your sale and purchase line up, and whether you’ll need bridging finance to cover the gap. We work across 45+ lenders to match the loan to whichever situation you’re in.
Want to know what a house in Tullamarine means for your repayments? Start with our borrowing power calculator, then book a meeting to pressure-test the number against real lender policy.
If you’re a first home buyer wondering whether Tullamarine is within reach, the units and townhouses are where most people start. In the mid-$500,000s, a unit sits under the $600,000 Victorian threshold for the full first home buyer stamp duty exemption (current as of May 2026, confirm at the SRO VIC), which is a meaningful saving at the entry point.
There are also federal schemes worth checking, including the First Home Guarantee and the Family Home Guarantee for eligible single parents, which can let you buy with a smaller deposit and no LMI. Eligibility depends on your income, the property, and the scheme caps, which change, so we check the current rules against your situation rather than quoting figures that date. Our home loans page covers the first home buyer pathways in more detail.
The honest part: not every first home buyer is ready, and a smaller deposit means a larger loan and higher total interest. We’ll tell you where you genuinely stand before you fall in love with a listing.
“I’ve owned my place here for years, what’s it worth to me now?” is a fair question in a suburb where the average owner has held for around 14 years. A long-held Tullamarine home has often built substantial equity, and that equity can be put to work, whether that’s renovating, consolidating other debts, or funding a deposit on a second property.
Refinancing isn’t automatically the right move. There are break costs on fixed loans, discharge fees, and the question of whether a better rate actually recovers the switching cost. Sometimes staying put is the smarter call, and we’ll say so. When it does stack up, we compare your current loan against the panel and show you the trade-offs in plain numbers. Our refinance page for Melbourne owners walks through when refinancing pays off and when it doesn’t.
Investors are often drawn to Tullamarine for one reason: the airport precinct. Melbourne Airport, the surrounding light industry, and major employers nearby (including aerospace businesses and the Schweppes Australia head office) underpin steady local employment and rental demand. As of mid-2026, recent figures put indicative gross rental yields around 4.2% on houses and near 5.0% on units, with units the stronger yield play.
Investment lending works differently from owner-occupier lending: different LVR caps, different serviceability assessment, and the choice between principal-and-interest and interest-only repayments, each with its own trade-off. We map the finance side against the lenders most likely to suit a portfolio. What we don’t do is advise on whether Tullamarine is a good place to invest, or how to structure ownership for tax: coordinate with your accountant on the tax-structure side, that’s their lane, not ours.
Banks employ mortgage specialists, and those specialists sell that bank’s loans. That’s not a criticism, it’s a disclosure: the person across the desk has one product shelf. We’re independent, not employed by any bank, and we work with 45+ lenders, the Big Four, mid-tier lenders, and specialist non-bank providers that never appear on a single bank’s comparison table.
That breadth matters in Tullamarine specifically. A lot of borrowers here have income tied to shift work and the airport economy, or to self-employment and small business. A bank’s standard credit model can read that income conservatively. A panel of 45+ lenders, including specialists who assess real income, gives you more than one shot. When one lender says no, another often says yes.
There’s also a legal difference. Mortgage brokers in Australia are bound by the Best Interests Duty, introduced on 1 January 2021 under the National Consumer Credit Protection Act, a legal obligation to recommend what’s best for you. Banks aren’t bound by it. That’s a regulatory fact, set out in ASIC Regulatory Guide 273, not a marketing line.
Before any application goes to a lender, we do a thorough Honest Assessment. We check your income, expenses, credit history, deposit source, and the property against the credit policies of the lenders most likely to fit your situation. You’ll know where you stand before we submit anything.
If no lender on our panel is a genuine fit, we’ll tell you. Sometimes a quick no is the best answer. We don’t submit applications to be declined.
That discipline is why over 95% of the applications we submit are approved by at least one lender on our panel, an internal figure across the past 12 months. It’s also why our timelines tend to run shorter: we’re not chasing placements that were never going to work.
The first meeting takes 30 minutes, in person at Bundoora, by phone, or by video. We talk through what you’re trying to do, where you stand now, and any constraints. Then we run the Honest Assessment, present two or three options with the trade-offs laid out plainly, and you decide. We prepare the application, submit it, and chase progress so you don’t have to. We stay involved through settlement and beyond. No call centre, no handoffs.
Approval timelines range from four hours to four weeks, depending on complexity and lender turnaround. A straightforward PAYG application to a major bank can come back same day. Complex cases, self-employed income, multiple income sources, or a non-standard property, typically take longer. Lenders assess your serviceability at an interest rate 3 percentage points above the actual rate, as APRA requires. We’ll give you a realistic timeline at the first meeting, not a generic one.
Our office is in Bundoora, and we serve clients across Melbourne’s north, including Tullamarine and the north-west corridor: Essendon, Moonee Ponds, Niddrie, Glenroy, Pascoe Vale, and Broadmeadows. We also cover the north-east ring around Bundoora, from Mill Park and Greensborough through to Reservoir, Preston, and Heidelberg.
We don’t have a Tullamarine shopfront, and for a mortgage broker that genuinely doesn’t matter, almost everything after the first meeting happens by phone, email, and video. What matters is whether your broker knows the lenders and reads your file properly. If you’d prefer to meet near home, we’ll come to you. You can also see our Bundoora flagship page for how we work in our home suburb.
Yes. Blutin Finance is an independent broker based in Bundoora, serving Tullamarine and the surrounding northern suburbs. We’re a short drive from the 3043 postcode, and after the first meeting most of the process runs by phone, email, and video, so proximity rarely matters. What you get is access to 45+ lenders and a broker who reviews your file before anything is submitted.
There’s no single income figure, because borrowing capacity depends on your deposit, existing debts, expenses, and the lender’s serviceability assessment, which APRA requires to be done at 3 percentage points above the actual rate. With houses around $800,000 as of mid-2026, the deposit and LMI question usually matters as much as income. The honest way to answer it is to run your real numbers. Start with our borrowing power calculator, then book a meeting and we’ll pressure-test it.
Often, yes, usually via a unit or townhouse. As of mid-2026 these sit in the mid-$500,000s, which is a more accessible entry point than the house market, and under the $600,000 Victorian first home buyer stamp duty exemption threshold (current as of May 2026, verify at the SRO VIC). Federal schemes like the First Home Guarantee may also help eligible buyers in with a smaller deposit. We’ll check which schemes apply to your situation before you start looking.
Very likely. The average Tullamarine owner has held for around 14 years, and a long-held home in a steady market has usually built real equity. Refinancing can release some of that equity for renovations, debt consolidation, or a second property deposit. It isn’t always the right move, there are break costs and fees to weigh, so we show you the numbers both ways. See our refinance page for the detail.
In most cases, nothing to you. Brokers are paid by the lender through an upfront commission (typically 0.35–0.70% of the loan amount at settlement) and a trail commission (typically 0.10–0.20% per annum of the outstanding balance). The rates and structure are disclosed in the Credit Proposal Document before any application, as required under ASIC Regulatory Guide 273. If a fee ever applied to your situation, you’d know before you committed to anything.
Anywhere from four hours to four weeks, depending on complexity and the lender’s turnaround. A straightforward application to a major bank can come back the same day. Complex cases, self-employed income, multiple income sources, or a non-standard property, typically take two to four weeks. We give you a realistic timeline at the first meeting rather than a generic promise. You can see more in our FAQ.
If you want to know where you stand before you start house hunting in Tullamarine, or before you sign anything, book a 30-minute first meeting. We’ll give you a realistic picture of what you can borrow, which schemes apply, and which lenders are worth approaching.
Call 1300 188 808 or book a 30-minute first meeting online. No obligation, no fee, no paperwork before the call.