Investing in property
The advantages of property investing
Capital growth potential
Over the last 50 years, property prices have generally shown good long-term growth, with less volatility than other investments, like the stock market.
Passive income, potential tax offset
The right home with quality tenants can generate steady long-term income. Plus, your lease expenses can offset your rental income, which could offer tax advantages.
Owning a physical asset
Renovations, when done right, can increase the property value. And unlike shares, you can add your own personal touches to property or land.
Your investment property plans start here
1. Borrowing power
Get a ballpark price range, by knowing how much you could borrow, based on simple questions about your income and expenses.
2. Savings and equity
Firm up your deposit. If buying another place, you could borrow against your equity – the property portion you already own.
3. The research
Fetch a quick report on the property and its suburb: the median gross rental yield, nearby rentals and sales.
4. Conditional approval
Get an obligation-free snapshot of your rate and repayments. A lender will call you back – you could get pre-approval.
One conversation could save you 1000s
Negotiate your investment home loan interest rate
Talk with one of our lenders, they’ll gain a deeper understanding of your situation and tell you about our sweet rates – including a variable rate with offset, tailored just for you.
What's your property investment stage?
Property investment calculators and guides
Property investment FAQs
Generally, you'll need at least 20% deposit (80% loan-to-value ratio) for the property purchase. This can come from your savings or equity from your existing home. You may need to pay lenders mortgage insurance (LMI) if your deposit’s lower than 20%.
Certain medical practitioners can apply for our LMI waiver with a min 5% deposit. And certain emergency services and healthcare practitioners, earning a minimum annual income of $90,000, can apply for our LMI waiver with a min 10% deposit.
Things you should know
Conditions, credit criteria, fees and charges apply. Residential lending is not available for Non-Australian Resident borrowers.
This information has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice. This includes any tax consequences arising from any promotions for investors and customers should seek independent advice on any taxation matters.
#Premier Advantage Package: Conditions of Use and $395 annual package fee applies. You must either hold or be approved for a Westpac Choice transaction account in order to qualify and continue to receive the benefits of the Premier Advantage Package. Applicants must have a Westpac Choice transaction account linked to the home loan at the time of settlement and must keep this account open for 60 days after settlement. Before deciding to acquire a Westpac Choice account, read the terms and conditions, and consider whether the product is right for you. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters.
Premier Advantage Package Conditions of Use (PDF 120KB)
***Interest Only in Advance: Subject to Bank's approval and normal lending criteria apply. Interest Only in Advance interest rates and discounts apply to new Fixed Rate Investment Property Loans and loans which have been switched into Interest Only in Advance products. Existing fixed loans are not eligible unless the loan is re-fixed. Discounts are subject to change.