Investing

For many people, investing in property is a good way to plan for their future. If you're new to the idea, there are a few things to consider.

Tax Benefits

When the cost of owning an investment property exceeds the income it earns, you can claim the loss against your other assessable income, which can make it a tax-efficient strategy.

The biggest amount you can deduct is usually the interest, although other costs can also be claimed such as repairs and management fees. The benefits of negative gearing only start when the property is available for rent.

To see if investing in property is right for you, talk to your financial adviser.

Capital Growth

The rental market can change over time, but in the long term, property is a reliable investment. Yes, when you sell an investment property, if it’s gone up in value you’ll pay capital gains tax based on your personal tax rate, but many people have enjoyed strong gains over recent years, making investing worth considering as part of your financial strategy.

Rental Income

Use the rental income to pay off your home loan

How can I use the equity in an existing property for investment?

Existing property you own can usually be used to help finance a new investment. Remember, if you’re looking to borrow over 80% of a property’s value, you may need to pay lenders mortgage insurance.

Great Rates. Great Service. Have it all with Homestar

Best Deals

Our Products

Explore our range of great rates for investment home loans

Star Classic

Variable Principal and Interest

2.44%

Interest rate p.a 1
(Principal and Interest)"

2.47%

Comparison rate p.a 1,2


  • Up to 80% LVR
  • Offset Account
  • Visa Debit Card Provided with ATM Access
  • Unrestricted Extra Repayments
  • Free Online Redraws
  • Pay Anyone & BPAY® Available
  • Multiple Loan Splits Possible
  • Weekly, Fortnightly or Monthly Repayments
  • Schedule Recurring Payments or Transfers
View Product

Star Classic

Variable Interest Only

2.64%

Interest rate p.a 1
(Principal and Interest)"

2.67%

Comparison rate p.a 1,2


  • Up to 80% LVR
  • Offset Account
  • Visa Debit Card Provided with ATM Access
  • Unrestricted Extra Repayments
  • Free Online Redraws
  • Pay Anyone & BPAY® Available
  • Multiple Loan Splits Possible
  • Monthly Repayments Only
  • Schedule Recurring Payments or Transfers
View Product

Star Classic Fixed

2 Years Fixed Rate

1.99%

Interest rate p.a 1
(Principal and Interest)"

2.44%

Comparison rate p.a 1,2


  • Up to 80% LVR
  • Extra Repayments up to 20k p.a.
  • Free Online Redraws
  • Pay Anyone & BPAY® Available
  • Multiple Loan Splits Possible
  • Weekly, Fortnightly or Monthly Repayments
  • Schedule Recurring Payments or Transfers
View Product

Unrestricted Payments

Our Star Classic product is a fully featured product with a very competitive rate for investors whether you are looking for a variable or a fixed rate.

Click for our Special Fixed Offer

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Enjoy the stress free, hassle free process that Homestar has to offer.

1

Give us a call on 1300 462 209

or fill in the contact us form, or chat online
2

Our Sales Assessment team

will get you started with all the information you need
3

Meet with your dedicated Loan Specialists

at a time most convenient to you

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    1 Rates shown apply to new eligible Investment loans only, loan limits may apply depending on your product (refer to the product page) and at least one applicant is on PAYG employment. After a fixed rate term, a variable rate will apply. Rates are subject to change without notice. Existing borrowers may have different interest rates which are dependent on the rate offered to the borrower at the date when a home loan settled and any reductions or increases the lender decided to make on the existing loan over time. Accordingly, there is not one standard variable rate that applies to all Homestar home loans and existing customers can confirm their current rate(s) by logging in to internet banking or by contacting customer service. Terms, conditions, and eligibility criteria apply.

    2 Comparison rates are based on a basic Homestar loan, on a $150,000 loan amount over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

    3 Third party cost(s) incurred by service provider(s) are payable and may vary or increase depending on the service provider, nature of the service and request. Any additional cost(s) are passed on directly to the applicants(s). If there is a variation or an increase, a separate quote will be provided..

    4 Disbursements payable.

    Other fees and charges may apply.

    DISCLAIMER: Terms, conditions and eligibility criteria apply to all our loan products and features. Fees, charges and disbursements are payable. Final approval is subject to credit assessment. Information valid as at 16th March 2021 which is subject to change without notice. Third party cost(s) incurred by service provider(s) are payable and may vary or increase depending on the service provider, nature of the service and request. Any additional cost(s) are passed on directly to the applicants(s). If there is a variation or an increase, a separate quote will be provided. Please consider if the product is appropriate for your individual circumstances. If you need assistance or have any questions about a product or feature and its suitability, please contact our Loan Specialists.

    Registered to BPAY Pty Ltd ABN 69 079 137 518