✕
Services Why Us Your Broker Blog FAQ Get Started
Equity Release

Equity Release — Melbourne

Your home equity — the difference between your property's value and what you owe — is one of your most powerful financial tools. Whether you want to renovate, invest, or fund a significant life goal, accessing your equity through a well-structured loan can help you move forward without selling your property.

What Can You Use Equity For?

  • Home renovations and improvements — add value to your current property
  • Purchasing an investment property — use your equity as a deposit for your next asset
  • Debt consolidation — restructure higher-interest debts at a lower rate
  • Education, travel, or family expenses — fund important life moments
  • Business investment — capital for business growth or opportunities

How Much Equity Might You Have?

As a general guide, most lenders allow you to borrow up to 80% of your property's current value (minus what you still owe). For example:

Property ValueCurrent LoanAvailable Equity (up to 80% LVR)
$800,000$450,000Up to $190,000
$1,000,000$600,000Up to $200,000
$650,000$400,000Up to $120,000

These are illustrative examples only. Actual amounts depend on lender assessment, property valuation, and individual circumstances.

Our Process

  1. Initial assessment — We review your current loan and estimate your available equity
  2. Property valuation — Confirm your property's current market value (many lenders offer free online valuations)
  3. Compare options — Search 40+ lenders for the right product and structure
  4. Clear recommendation — We present your options with a breakdown of costs and repayments

Michael Gross is a Credit Representative (546597) of LMG Broker Services Pty Ltd (ACN 632 405 504, Australian Credit Licence 517192).

Curious how much equity you may be able to access?

Get a complimentary, no-obligation assessment and Michael will get back to you within one business day — over a (virtual) coffee, of course.

Start Your Free Enquiry ☕ Book a Chat