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What are the benefits of investing in property?

Rental income
Purchase an investment property and lease it to receive ongoing, regular income from rent.
Capital gains
Buy a property as an investment and you could benefit from a gain in capital if you sell for more than what you paid.
Tax benefits
Save tax with negative gearing if your interest repayments and outgoings are higher than your rental income.
Usable equity
Borrow up to 90% of the equity gained when your home increases in value and use it to purchase other properties.

Fixed Rate Home Loan


2.64 % P.A.

2 Year
Fixed Rate

2 year Fixed Rate with Advantage Package.^
Principal & Interest repayments. LVR + above 60% up to 80%

3.98 % P.A.

Comparison
Rate*

Start your application online

Learn how much you could borrow.
Receive indicative approval in under 15 minutes.
Our Concierge will call you once you've submitted your application to help handle the rest of the process.

View all rates

Are you after a fixed or variable rate? Will you make principal and interest or interest-only repayments? Compare our rates to see how these factors could affect the cost of your investment. 

Borrowing power calculator

Enter details of your income and expenses to get an estimate of how much you could borrow and what your repayments might be for your investment property.

Find out your borrowing power

Property market research

Check sales histories, market values, expected rental income and nearby amenities for properties in your chosen suburbs with our online Property Market Research tool.

The Detail

Conditions, fees and credit criteria apply.

Before making a decision, it’s best to read the terms and conditions:

Please read these documents and keep a copy. You can request a paper copy at a branch.

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it’s right for you. If you need help, call 1300 000 266.

  1. Redraw, repayment pause and rate lock requests are subject to our approval. Fees apply.
  2. A discount of 0.2% p.a. will apply only if the interest in advance amount is deducted from a Bank of Melbourne transaction account.

^Advantage Package Terms and Conditions apply. A $395 annual package fee applies and is payable from an eligible Bank of Melbourne transaction account. An Advantage Package discount has been included in the advertised eligible rate. The discount and fee savings apply for the duration of the package. Before deciding to acquire a Bank of Melbourne transaction account, read the terms and conditions (PDF 112KB), and consider if the product is right for you.

+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. Any applicable LVR discount has been included in the advertised eligible rate.