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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 Investment Loan


2.64 % P.A.

2 Year
Fixed Rate#

New Investment loan with Advantage Package^ ($395 annual package fee applies).
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.
It should only take around 20 minutes to apply.

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. 

See all home loan interest rates

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

Research your investment

Search a property or suburb for sales histories, estimated value, expected rent and local amenities, with our full online Property Reports.

Search address or suburb

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 and rate lock requests are subject to our approval. Fees apply for rate lock.
  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, and consider if the product is right for you.

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

+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.

# Excludes loan applications for owner occupier purposes (where the owner owns the property in which they live or intend to live in). Includes Investment loan applications where the principal property securing the loan will be used to derive rental income or where the loan application purpose is to invest in real estate or to construct or make property improvements to an investment property.

Rate Lock: Bank of Melbourne will apply the fixed rate that is available at the loan settlement date or the date the fixed rate period commences, unless the customer locks a fixed rate in on the loan using our Rate Lock feature. The fixed rate - lock-in fee is 0.15% of the loan amount or $500, whichever is higher, capped at $1000 for loans up to $2 mil. For loans above $2mil, the fixed rate - lock-in fee is 0.15% of the loan amount. At the end of the fixed rate period the interest rate will convert to the applicable variable interest rate.