How to Start Investing with $1,000 in Australia

Updated

$1,000 is an excellent starting point for investing in Australia. At this amount, you have access to all major brokerage platforms, brokerage costs become a small percentage of your investment, and you can buy a meaningful number of ETF units to begin building a portfolio. Here is exactly how to invest your first $1,000.

Why $1,000 Is a Good Starting Point

At $1,000, you hit the sweet spot where:

  • $10 brokerage represents just 1% of the investment — reasonable
  • You can buy 7–25 units of most popular ETFs (depending on price)
  • Every major Australian broker is available to you
  • You have enough to establish a real portfolio, not just a micro-investment

Step 1 — Decide What You Are Investing For

Before investing, be clear on the purpose:

PurposeTime horizonAppropriate for $1,000 investment?
House deposit (2–3 years)ShortNo — too short for share market; use HISA
Long-term wealth building (10+ years)LongYes — ETFs appropriate
First step toward a larger portfolioOngoingYes — start and contribute regularly

If you need this money within the next 2–3 years, shares are not the right vehicle. The market can fall 30–40% in the short term. For long-term goals (10+ years), shares have historically been the best performing asset class.

Step 2 — Choose Your ETF

For a $1,000 first investment, a single diversified all-in-one ETF is the simplest and most effective option:

ETFApproximate units for $1,000What it holdsAnnual fee
DHHF~25–28 units~8,000 global companies (100% shares)0.19%
VDHG~14–16 units~13,000 global companies (90% shares/10% bonds)0.27%

Alternatively, with $1,000 you can begin a two-ETF portfolio:

  • $700 into VGS (international shares)
  • $300 into VAS or A200 (Australian shares)

This provides a 70/30 international/Australian split — a commonly used allocation for Australian investors.

Step 3 — Choose a Broker

Recommended brokers for a $1,000 starting investment:

BrokerBrokerage per tradeCost as % of $1,000
Superhero (ETF)$00%
Pearler$6.500.65%
Stake$3.000.30%
SelfWealth$9.500.95%
CommSec$10.001.00%

CommSec and SelfWealth are both practical at $1,000 — $9.50–$10 on a $1,000 trade is right at the reasonable limit. Superhero and Pearler are more cost-effective.

Step 4 — Open Your Account and Invest

  1. Choose a broker and complete the online account application (10–15 minutes, need TFN, bank account and ID)
  2. Transfer $1,000 to your brokerage account
  3. Search for your chosen ETF by ticker (e.g., DHHF)
  4. Place a market order for your target number of units
  5. Wait for settlement (T+2 — two business days)

What $1,000 Could Grow To

At an assumed 8% average annual return (actual returns will vary significantly):

Starting amountMonthly additionsAfter 10 yearsAfter 20 years
$1,000 (one-time only)$0~$2,159~$4,661
$1,000 + $500/month$500~$93,000~$295,000
$1,000 + $1,000/month$1,000~$184,000~$589,000

The starting $1,000 is the beginning, not the destination. Building the habit of regular contributions is what drives long-term wealth accumulation.

After Your First $1,000 — What to Do Next

  1. Set up automatic investments — use Pearler’s Autoinvest or a calendar reminder to invest monthly
  2. Reinvest dividends — either use the dividend reinvestment plan (DRP) if available, or accumulate distributions and buy more units
  3. Increase contributions — aim to invest 10–20% of your take-home pay each period
  4. Do not check daily — watching daily price movements encourages poor decisions; review quarterly at most
  5. Do not panic sell — market downturns are normal and historically temporary

A $1,000 Starting Portfolio — Concrete Example

Investor: 32-year-old Australian, investing for long-term wealth building outside super

Platform: Pearler

Investment: $1,000 into DHHF (Betashares Diversified All Growth ETF)

Plan: Add $700/month via Pearler’s Autoinvest feature on payday

Why DHHF: 100% diversified global shares, low 0.19% MER, no rebalancing required, automatic internal rebalancing included

Tax position: Dividends (distributions) received quarterly, included in annual tax return. Capital gains only applicable when selling — no CGT event from buying.

Frequently Asked Questions

Should I split $1,000 across multiple ETFs or put it all in one? At $1,000, a single all-in-one ETF (DHHF or VDHG) is simpler and more cost-effective than splitting. Splitting $1,000 across two ETFs means either paying brokerage twice or holding very small amounts in each — neither optimal. Once your portfolio grows to $5,000–$10,000+, you can consider a multi-ETF approach.

Is a $1,000 investment enough to receive dividends? Yes. ETF distributions (dividends) are paid per unit, so even a small number of units receive a proportional distribution. At a 4% distribution yield, $1,000 invested would generate approximately $40/year in distributions ($10/quarter). Reinvesting these over time adds to your total return.

Can I buy shares in individual companies with $1,000? Yes — with $1,000 you could buy shares in an ASX-listed company. However, putting all $1,000 into a single company carries much more risk than a diversified ETF. If that company’s share price falls 50% (which happens with individual stocks), you have lost $500. With an ETF holding 300 companies, one failure barely moves the needle.


This article provides general financial information only. For advice tailored to your situation, speak with a licensed financial adviser. You can find one through the ASIC financial advisers register or MoneySmart.