Keystart

Keystart, the WA Government sponsored homebuyer assistance program and an essential first rung on the property ladder for many buyers have updated property price limits to better reflect current market conditions.

This will allow metropolitan buyer access to housing closer to the CBD. Regional buyers are also on the same thresholds giving equity to buyers across the state. Previously buyers in the Pilbara and Kimberley had different limitations.

Keystart’s low-deposit home loan has increased from $730,000 to $800,000.

The limit for shared equity loans (where you share ownership with the government) has also risen, from $615,000 to $660,000. 

These loans are specifically for people with limited incomes and you will have to have earnings below a prescribed threshold.

Note this is general information only and you can get all you need to know about Keystart Loans and conditions here https://www.keystart.com.au/

David Milkovits

Licensed Real Estate Agent – Maxpro Real Estate