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Featured Investor interest rates

  • 2.59% p.a. Flexi First Option Investment Loan with a 1.89%^ variable rate discount for two years from loan settlement with Principal & Interest repayments (3.10% p.a. comp. rate*).
  • 2.49% p.a. 2 Year Fixed Rate Investment Property Loan, Principal and Interest repayments with the Premier Advantage Package# (4.00% p.a. comp. rate*).

Get $3k cashback when you refinance to us**

$2k for each property refinanced plus a bonus $1k for your first refinance application.

Owner Occupier loans (P&I repayments) and Investment loans, with LVR+ up to 80% and min $250k loan per property. Flexi First Option or packaged# home loans only ($395 annual package fee). Apply by 31 March 2021, settle by 30 June 2021. Excludes refinances within Westpac Group. Find out more

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Awarded at RFi Group’s Australian Lending Awards 2020 for Best Investor Lender 

Property investor tools and resources

Where's the market going?

Check sales histories and estimated value with our online property market research tool, plus stay across the latest property news on Wire.

How much can I afford?

It all depends on your situation. Use our calculators to see what you could borrow and estimate some of the key purchase costs.  


What's my next move?

Whatever you're planning, our investor property guide can help you navigate the steps ahead so you're ready when you find the right property.

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Applying is simple, get started online

Get started online

Apply for a new home loan, conditional approval or switch from another bank. It should only take around 20 minutes to apply.

Learn how much you could borrow

We’ll show you what you could afford to spend on a property and estimated costs involved.

One point of contact

You’ll be assigned a home finance manager who’ll answer all your questions.

Track your progress

Follow your application all the way to settlement and get notifications so you know what’s coming next.


Already started an application? Retrieve your application


Why Westpac?

Investing in property is complex - we're here to make it simpler for you.

A product for every strategy

Whether you're an experienced investor or a first-timer, we have a range of products and loan features to help you get what you need out of your investment.

Discounts for diligent investors

Get additional interest rate discounts by paying 12 months interest in advance on Fixed Rate Investment Property Loans with Interest Only in Advance.

Access to your equity

Apply to draw on the equity in your property and use it to renovate, make new investments, cover unexpected expenses or fund just about any project you have in mind (Credit criteria apply).

Your choice of products

Interest only loan

Property investors could use interest only loans to improve cash flow flexibility with repayments in the short term.

Principal and interest loan

Reduce your principal and the amount of interest charged with every repayment you make on your loan.

Line of credit

Access the usable equity in your loan and put it towards renovations, another investment or other projects you have planned.

Package and save

Home loan package

Save on fees and get an ongoing interest rate discount by packaging your home loan for an annual package fee of $395.

Learn more about this package

Things you should know

^Offer commences 18/09/2020. This offer is only available on new Flexi First Option Investment Property Loans with Principal & Interest repayments. Rate Includes a 1.89% p.a. discount off our Flexi First Option Investment Property Loan Principal & Interest Variable Rate for two years from the loan settlement date, at the end of the period it will revert to a 1.29% p.a. discount for the remainder of the life of the loan. Excludes internal refinances or switches within the Westpac Group, which includes refinances from Westpac, St.George, Bank of Melbourne, BankSA and RAMS. Not available to company and trust account holders. Offer may be varied or withdrawn at any time. Interest rates are subject to change.


*Comparison rate: The comparison rate is based on a loan of $150,000 over the term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.


**$3k refinance cashback offer: Credit criteria, fees and charges apply. Terms and conditions available at Westpac. $2000 Refinance Cashback per property for new refinance applications received between 23 September 2019 to 31 March 2021 and settle by 30 June 2021. Offer current as at 23 September 2019. Only 1 cashback per property refinance will be paid regardless of the number of loans involved. One $1,000 Bonus Refinance Cashback for a new refinance application submitted between 18 September 2020 to 31 March 2021 and settle by 30 June 2021 with maximum LVR of 80%. Offer current as at 18 September 2020. Only 1 bonus cashback will be paid for the initial application regardless of the numbers of customers, properties or applications involved. Offers available for Owner Occupier with Principal & Interest repayments and Investment Loans. Offers available on the Premier Advantage Package and Flexi First Option Home Loans. Offers may be varied or withdrawn at any time. $250K min loan per property refinanced applies for the $2000 and $1000 bonus Refinance Cashback. Excludes Equity Access Loans, switches and refinances of home loans within the Westpac Group which include St.George, Westpac, Bank of Melbourne, BankSA and RAMS. Offer not available for Owner Occupier Interest Only loans or residential lending originated under family or company trusts. The cashback(s) will be paid into a Westpac Choice transaction account within 60 days of settlement. The transaction account must be linked to the home loan at the time of settlement, and kept open for 60 days after settlement. Tax consequences may arise from this promotion for investors and customers should seek independent advice on any taxation matters. 


+LVR stands for the initial loan to value ratio at loan approval. LVR is the amount of your loan compared to the banks valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and don’t change because of changes to the LVR during the life of the loan. 


#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 1MB)


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.