Investment home loans

Looking to invest in property? Here’s everything you need to know about investment home loans and rates.

Our variable investment home loan rates

Premium Select Home Loan

4.19%
p.a.

Variable rate

4.21%
p.a.

Comparison rate

A discount off our standard variable rate isn’t the only thing to look forward to. There are less fees to think about with no account maintenance fees or annual fee for the life of the loan. Plus, you can add an optional 100% offset account to help save on interest. 1 Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply.

Rate subject to change. Borrowings up to 70% of the property value for principal and interest repayments. Minimum loan size of $20,000. Understand the comparison rate.

Investor loan savings

Discount on a depreciation schedule

Depreciation schedule offer

Make tax time as a property investor easier with a depreciation schedule. If you have an eligible Complete Home Loan Package, you can receive a saving on a depreciation schedule prepared by DEPPRO Pty Ltd. 2 If you take out a Bankwest home loan for investment purposes, you will be contacted by DEPPRO Pty Ltd. Bankwest does not endorse or approve the depreciation schedule prepared by DEPPRO Pty Ltd.

$2,000 cashback when you refinance to us

Cashback offer

If you’re eligible and you apply to move your home loan to us by 28 February 2023, you could get less home load with $2,000 cashback. 3

Loan must be funded by 30 April 2023. Min. refinance amount $250k. For borrowings up to 90% (including lenders mortgage insurance) of the property value. Excludes refinances from Bankwest and CommBank. Eligibility requirements and T&Cs apply.

Helping you invest in property

When it comes to investment home loans, our team of Home Lending Specialists know their stuff.

Know your financial situation

Get clarity on what's involved in investing; from your initial deposit, using equity to on-going expenses.

Free property reports

Make an informed decision when buying an investment property with property histories, suburb reports and current rental prices. 4 The information contained in the Property Report is prepared by a third party. Bankwest is not responsible for the accuracy and completeness of the information generated in the report and it should not be relied upon as a valuation of the subject property.

Approved in Principle

Feel confident when you make an offer or bid at auction by knowing how much you'll likely be able to borrow.

Choosing the right loan

We'll help structure your home loan to suit you, with options.

A home loan application from your couch

With a Bankwest home loan you could sign your home loan documents and track your application online, anytime it suits you. 5 6

Investment home loan calculators

If you're curious about an investment home loan, use our calculators to estimate how much you could borrow and the potential repayments on your investment loan.​

Calculate home loan repayments

Get an idea of your regular repayments and see how much you could save if you make extra repayments.

Calculate your borrowing power

Estimate how much you could borrow based on your income, expenses and current home loan.

Delve deeper into property investment

Read our guides to learn more about property investment, from the basics to long term investment strategies.

Weigh up the pros and cons

Learn about the benefits and costs of property investment to find out if it’s right for you.

Brush up on the basics

Understand your finances, work out your borrowing power and learn the ins and outs of the property market.

Start the search

Begin searching for your investment property and find out how to use equity to help with your deposit.

Investor loan FAQs

Here's some answers to your most common questions​

If you've built up enough usable equity in your current property, you could put this towards a deposit and other buying costs such as stamp duty, for an investment property.

How much you can borrow for an investment property will depend on many things, such as your deposit, other properties and your income. The best way to find out is by using our borrowing power calculator or chatting to a Home Lending Specialist.

If you're considering using your current house as a rental property instead of living in it, then you'll need to make sure you change the purpose of your loan to investor, instead of owner occupied.

Principal and interest refers to when your loan repayments cover both the loan amount (the principal) and the interest on that loan.​

Interest only repayments are limited to just the interest for an agreed period of time.

We're ready to help

Your very own Home Lending Specialist will respond within one business day. You can talk on the phone, meet at a branch, or have a Mobile Lending Manager come to you.

What’s the comparison rate?
It’s a tool that can help you identify the truer cost of a loan. It’s calculated using a standard formula that includes the interest rate, as well as certain fees and charges relating to a loan (not all fees and charges are included).

Comparison rate warning:
Rate subject to change. Comparison rate is calculated on the statutory assumption of $150,000 loan over 25 years. Different rates apply for different loan amounts and may depend on the duration of a fixed rate period or the ratio of the loan amount to the property value. Lending and eligibility criteria, fees and charges and T&Cs apply and are available on request. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Premium Select Home Loan​
Lending and eligibility criteria, fees and charges, and T&Cs apply and are available on request. Premium Select Home Loan is only available to individuals, and eligible family trusts (through relationship managers or Bankwest small business customers service team only). Minimum loan size is $20,000. Rate subject to change. Comparison rate is calculated on the statutory assumption of $150,000 loan over 25 years. Different rates apply for different loan amounts and may depend on the duration of a fixed rate period or the ratio of the loan amount to the property value.

Loans for a property to live in vs. loans for an investment purpose​
Loans for a property to live in – also known as owner-occupier loans – include (but aren’t limited to) loans to fund the purchase of a property or refinance an existing loan, where the borrower currently lives or intends to live in the property.​

Loans for an investment purpose – also known as investor loans – include (but aren’t limited to) loans where the predominant part is used to invest in shares, land, construction or an established property. They also include refinancing an investor loan.

  1. Offset Transaction Account must be held in the same name as the loan account. Other exclusions apply.
  2. If you take out a Bankwest home loan for investment purposes, you will be contacted by DEPPRO Pty Ltd. Bankwest does not endorse or approve the depreciation schedule prepared by DEPPRO Pty Ltd.
  3. Home loan cashback promotion is available to Australian residents aged 18+ who refinance a property with a new Bankwest home loan.

    • Home loan application must be submitted for full approval within the promotional period 12 November 2020 and 28 February 2023
    • Home loan must be funded on or before 30 April 2023​
    • Lending must be new to Bankwest (refinances of existing Bankwest and CommBank loans are excluded from this offer)​
    • Lending must not exceed a loan to value ratio (LVR) of 80% for applications received from 12 November 2020 to 14 September 2021​​
    • Lending must not exceed a LVR of 90% (including lenders mortgage insurance) for applications received from 15 September 2021 to 28 February 2023
    • Repayment type can be principal and interest or interest only
    • Available on owner occupier and investor home loans
    • Minimum home-loan-specific refinance amount ≥$250k (excludes debt consolidation of personal loans and credit cards)
    • Any available Bankwest home loan product is eligible
    • Normal lending policies apply
    • This offer is not available in conjunction with any other promotions
    • Only one cashback per Eligible Customer. Only one cashback per eligible home loan. Where a home loan has more than one applicant and one applicant receives the cashback, all applicants are deemed to have received the cashback. Maximum cashback amount of $2,000
    • Eligible customers will receive $2,000 cashback transferred electronically into their new home loan account.

    See full T&Cs (PDF)

  4. The information contained in the Property Report is prepared by a third party. Bankwest is not responsible for the accuracy and completeness of the information generated in the report and it should not be relied upon as a valuation of the subject property.
  5. Digital signing – some exclusions apply. Due to state laws, restrictions apply to digitally signing the Mortgage Form in some States and Territories. Customers must have access to a device (computer or tablet recommended) with internet and email access.
  6. Application tracker not available on lines of credit. Other exclusions may apply.