New Keystart product settings to expand more home ownership opportunities across WA
The WA Government has today announced changes to Keystart’s product settings to grow home ownership opportunities across WA.
The following changes are effective from today.
Low Deposit Home Loan (including Modular Home Loan)
| Region | New property price limit | Income limit |
| Metro and regional areas | $860,000* | Singles: $155,000 Couples/families: $228,000 |
| Kimberley and Pilbara | $860,000 | Singles: $225,000 Couples/families: $285,000 |
*aligned to REIWA Perth median house price
Urban Connect Shared Equity Home Loan
| Region | New property price limit | Income limit |
| All of WA | $800,000* | Singles: $128,000 Couples/families: $197,000 |
*aligned to Perth median price for new one- and two-bedroom apartments
Urban Connect Home Loan
| Region | New property price limit | Income limit |
| All of WA | $800,000* | Singles: $155,000 Couples/families: $228,000 |
*aligned to Perth median price for new one- and two-bedroom apartments
Shared Ownership Home Loan
| Region | New property price limit | Income limit |
| All of WA | $720,000* | Singles: $128,000 Couples/families: $197,000 |
*aligned to REIWA Perth lower quartile house price
Keystart Chief Executive Officer Mark Tomasz said the changes would help more Western Australians into a home of their own.
“By regularly updating our product settings to meet market needs, Keystart is helping to make the dream of an affordable home a reality for more Western Australians.
“We’ll continue to monitor market conditions and update our settings as required.”