Overview

A tech couple (Atlassian & Canva) owned a home in QLD and wanted to buy an investment property around $1.2m without selling their current place. They also wanted to preserve a large cash buffer for renovations or a future build.

The Challenge

Their combined PAYG salaries were strong, but without counting RSUs they didn’t have enough borrowing capacity to fund the new purchase and maintain a cash buffer for a renovation on their current property.

The Approach

We analysed their full income profile:

• Borrower 1: Base salary: $130,900 | Bonus: $18,100 | RSU average: ~$59,000
• Borrower 2: Base salary: $143,000

We:

• Used a lender that accepts RSUs in full for servicing.
• Ordered a valuation on their current home, which came in at $1.168m.
• Released $117k in equity from that property via refinance.
• Combined the equity release with $200k in savings to cover the deposit and purchase costs.
• Structured $960k in new lending for the investment purchase, keeping the LVR at 80% for sharper rates.
• Deliberately limited the new loan to $960k (despite $1.4m+ theoretical capacity) to preserve ~$450k in buffer for future projects.

The Result

• New purchase funded: $1.2m
• Refinanced current facility to a more competitive rate
• Monthly repayments across loans: ~$10,150 combined (with investment debt on interest-only terms)
• Maintained a substantial borrowing buffer for future plans ~$450k