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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.

Borrowing power calculator

2. Savings and equity


Firm up your deposit. If buying another place, you could borrow against your equity – the property portion you already own.

Home equity calculator

3. The research


Fetch a quick report on the property and its suburb: the median gross rental yield, nearby rentals and sales.

Property & suburb reports

4. Conditional approval


Get an obligation-free snapshot of your rate and repayments. A lender will call you back – you could get pre-approval.

Start applying

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?

I'm starting out, this is my first property?

Rentvesting is when you buy your first place to rent it out, which can be a smart way to get onto the property ladder early. You might live with parents, in share accommodation or interstate. And if your net rental income’s higher than the rent you’re paying, you could own your own property sooner.

I’m new to investing, I already have a property

Whether you’re thinking of buying a second home to rent out, or renting out your first as an investment property, it pays to weigh up the potential tax deductions, capital gains, rental income, loan repayments and more to see if it’s a good move.

I’m ready for my next investment property

Wow, you’re building a property portfolio. So, you're likely after more advanced info on property investing, positive gearing and economies of scale. At Westpac, there's an all-in-one $395 annual package fee#, regardless of how many packaged loans you have with us. 

Property investment calculators and guides

The numbers

Balance out repayments, rental yield and potential deductions.

Tips & guides

Deep dive on home loans, tips, depreciation and applying.

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.

Key Fact Sheet for Home Loans

#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)

^^Fixed rate home loan: The Bank will apply the fixed rate that is available at the loan settlement date, unless the customer locks a fixed rate in on the loan using our Rate Lock feature. The Fixed Rate - Lock-In fee is 0.10% of the loan amount. At the end of the fixed rate period the interest rate will convert to the applicable variable home loan interest rate unless a new fixed rate term is selected and then the fixed rate is determined two business days prior to the refix. Interest rate(s) displayed is for Australian Residents only. Rate lock is not available for progress draw loans under the construction option.

***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.