Skip to main content Skip to main navigation
Skip to access and inclusion page Skip to search input

Property investment types

Work out what makes most sense for your investment portfolio, based on where and when you want to buy. Discover more about your investment goals, including capital growth and income stream.

And before making an offer, run the address past your lender (we may not lend against very small units, and certain company titles, suburbs or apartment blocks.)

Buying a house as an investment property

Some general advantages:

  • You own the land 
  • Land value can increase proportionally more than the difference in rental yield  
  • Potential to subdivide or add a granny flat for higher rental returns  
  • More desirable for families, who may be more reliable tenants  
  • Investment options: adding a room, solar or carport may drive growth. 

Some general considerations: 

  • More expensive than a townhouse 
  • Harder to buy, lower urban supply 
  • Maintenance costs, like roof replacement, plumbing and landscaping 
  • No maintenance help from strata 
  • Distance from urban centre/beach, further commute than unit  
  • Increase in capital growth could potentially mean more Capital Gains Tax if you sell  
  • Zoning/subdivision restrictions (check with council)  
  • Higher insurance and land tax
  • Keep an eye out for low-quality flippers and owner builders selling for profit after construction’s finished.

Land a sweet rate

One conversation could save you 1000s

Book an appointment or start applying online, and a lender will be in touch. They can tailor a variable investor rate with offset – just for you and your house, unit, duplex or land.

You might also like

Investment property hub

What to expect, advanced tools, a tailored rate and guides for first-timers and the seasoned real estate investor. 

Is it worth buying off the plan?

It depends on many variables, like the builder, your investment strategy, risk profile and the tax implications. Research the developer and builder, consult with your team of professionals, and check in with your Westpac lender, as future valuation changes will affect your LVR+. For more info, check with your local government: ACT, NSW, NT, Qld, SA, Tas, Vic, WA.

What are Torrens, strata and company titles? 

A Torrens title is generally found on land and houses, and names you (and any co-owners) as the owner/s of the land and property.

A strata title is usually found on buildings that share common areas, like units and townhouses. Ownership is shared through an owners’ corporation, which names every individual as shared owner of the building and land, and charges strata levies. You (and your co-owner/s) have ownership of your individual dwelling.

The general difference between rental properties on a company and strata title is that, as an individual shareholder in the company, you have the right to occupy a particular dwelling. Check with your lender if shares will be enough security for your loan.

Things you should know

Conditions, credit criteria, fees and charges apply. Residential lending is not available for Non-Australian Resident borrowers.

This information is general in nature and 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, professional tax advice on any taxation matters before making a decision based on this information.

Key Fact Sheet for Home Loans


Taxation considerations in this publication should not be interpreted or used as tax advice or a tax guide.


+LVR stands for the loan-to-value ratio. LVR is the amount of your loan compared to the Bank’s 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 won’t change during the life of the loan as the LVR changes.