Can Uber drivers get a home loan in Australia?
Yes. Rideshare and delivery drivers work as independent contractors with an ABN, so lenders assess you as self-employed. The ATO also requires rideshare drivers to register for GST from their first dollar of fares, which works in your favour: GST registration and BAS lodgements give lenders a clear, official record of what you earn.
The challenge is usually history and consistency, not legitimacy. A lender wants to be confident the income will keep coming.
How lenders assess gig economy income
- Time on the platform: commonly 12 months; some specialist lenders accept six.
- Earnings evidence: platform annual or monthly summaries, BAS, bank statements showing platform deposits, and tax returns if you have them.
- Net, not gross: lenders look at what you keep after platform fees, fuel, car costs and GST. Expect them to use a lower figure than your gross fares.
- Consistency: steady weekly earnings beat big weeks and empty weeks. Several platforms are fine if the total is stable.
- Your car: a car loan for your rideshare vehicle counts as a commitment. Lenders will factor it in.
Gig work plus a job
Many people drive or deliver on top of a wage. Some lenders count part or all of the gig income alongside your payslips once it has a track record, which can lift your borrowing power noticeably.
If you've hit a rough patch
Gig income can be up and down, and plenty of drivers have had a late payment or two. If your credit has taken a knock, a specialist lender may still help. See bad credit home loans, and our guide on how lenders assess irregular income.
A worked example
A driver has been on two rideshare apps for 14 months and also does weekend food delivery. She's registered for GST, lodges BAS quarterly and all her platform payouts land in one account. She has a 15% deposit saved.
Her bank won't count the gig income. A specialist lender averages her net income from BAS and bank statements over 12 months, factors in her car loan, and approves a purchase loan with lenders mortgage insurance.
Tax and record-keeping tips for drivers
- Register for GST before your first trip, as the ATO requires for ride-sourcing.
- Keep a logbook for car expenses; it supports your net income figure.
- Lodge BAS on time every quarter.
- Keep each platform's annual tax summary.
- Avoid paying platform income into an account shared with heavy personal spending.
The ATO's sharing economy pages explain your obligations in detail.
Moving from gig work to a home
If you're under six months on the platform, use the time to build your deposit and records. We can tell you how far away you are and what would get you there faster.
What you’ll need
- Photo ID
- ABN and GST registration
- Platform earnings summaries (12 months if you have them)
- BAS statements
- Bank statements showing platform deposits
- Tax returns if lodged
- Car loan details
Who it usually suits
- Active on the platform 6 to 12 months or more
- ABN, and GST registration for rideshare
- Stable net earnings
- A deposit or equity
- Australian citizen or permanent resident
