Find out how much deposit you need for an investment property in Australia, plus stamp duty, LMI, and other upfront costs to budget for.
LMI Cost
Lenders Mortgage Insurance (LMI) can add $10,000-$40,000+ to your upfront costs on a sub-20% deposit. It protects the lender, not you. Always calculate whether the LMI cost is worth the faster entry into the market.
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Founder, Virtual Buyers Agent
Data Engineer who built Virtual Buyers Agent after using a systematic framework to earn 8.2% rental yield on his first investment property.
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