• Keystart home loans now available for properties worth up to $560,000
  • One of a number of Keystart initiatives to help more Western Australians own their own home, including higher income limits and medium and high-density apartment loans
  • Since 1989 Keystart has helped more than 121,000 Western Australians realise their home ownership dream

More affordable housing options will be available to Western Australians entering the property market with the McGowan Government today announcing increases to Keystart home loan property price limits.

The change means that borrowers can purchase properties across WA up to the value of $560,000. Previously, the property price limit was $480,000 for customers building or buying established homes for the Perth metropolitan area and $500,000 for regional areas.

The increased price limits reflect the rise in the cost of housing in recent years, and ensures Western Australians retain choice of affordable housing options.

The announcement comes after the Government in July unveiled a new Keystart loan option called Urban Connect Home Loan, to support its infill priority, along with higher income limits for eligible Keystart singles and families.

Other initiatives to support more housing across WA include:


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  • 50 per cent land tax concession for new build-to-rent projects commencing 1 July 2023;
  • stamp duty rebate of up to 100 per cent for eligible off-the-plan apartment purchases; and
  • planning reforms to include a density bonus for private projects which include five per cent social housing.

Keystart was established in 1989 by the State Labor Government to support Western Australians with purchasing an affordable home with a low deposit loan and no lender’s mortgage insurance.

The new property price limit is effective from 12 December 2022. Price limits for properties in the Kimberley and Pilbara remain at $650,000 and $750,000 respectively.