GetReal

Affordability

What do you need to buy a $450,000 property?

Deposit, stamp duty, LMI, and the income needed to service the loan. Select your state and buyer type — stamp duty updates instantly.

!
Income figures assume: single borrower, no existing debt, metro HEM
Assessment rate7.35% (RBA 4.35% + 3.0%)
Loan term30 years P&I
Living expensesHEM metro ($2,800/mo)
Existing debtNone
⚠ Assessment rate sourced from RBA F1 data (effective 2026-08-06), updated automatically each week. Stamp duty figures are sourced from state revenue offices — accurate as at 2026-08-07. For a personalised affordability check, use the search tool →
Stamp duty — NSW, first home buyer
Compare all states →
State Buyer type Duty payable FHB saving
Deposit options — $450,000
20% deposit
$90,000
Loan: $360,000
No LMI required
10% deposit
$45,000
Loan: $405,000
+ $7,586 LMI est.
5% deposit
$22,500
Loan: $427,500
+ $14,300 LMI est.
Minimum income to service the loan (20% deposit)
Single borrower
$82,000
gross annual, no existing debt
Two borrowers
$59,000 each
or any split totalling $82,000
What does $450,000 get you?
Dandenong VIC › Footscray VIC › Prahran VIC › Mildura VIC › Horsham VIC › Traralgon VIC › Shepparton VIC › Moe VIC ›
Check if this is realistic for a specific suburb See what share of the market your budget can reach.
Search now →