Keystart Raises Property Price Limits Across WA
Western Australians looking to step into the housing market have just received a welcome boost. Keystart has increased its property price limits, bringing them in line with current market conditions and helping more buyers access affordable pathways to homeownership.
What’s Changed?
From today, Keystart’s low-deposit home loan maximum purchase price has risen from $730,000 to $800,000. The cap on shared equity loans has also increased, moving from $615,000 to $660,000.
Importantly, income limits remain unchanged, ensuring the products continue to support households that may otherwise struggle to enter the property market.
One Consistent Limit Across WA
Previously, limits varied depending on whether buyers were purchasing in the Perth metro area, regional WA, or the Kimberley and Pilbara. Now, the new price limits will apply across the entire State, simplifying the system and making it easier for buyers to understand their eligibility.
Why the Change Matters
Keystart’s thresholds are directly linked to REIWA’s median house sale price data. By tying the limits to REIWA’s figures, Keystart ensures its loans move in step with the housing market. This mechanism—introduced in late 2024—means annual reviews will continue, helping keep the program fair, relevant, and accessible.
What This Means for Buyers
For first-home buyers and households on modest incomes, these new limits are a significant win.
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Buyers will now have a wider range of properties within reach, particularly in the $700,000–$800,000 price bracket where options were previously limited.
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With income thresholds unchanged, the updated limits provide more choice without excluding buyers who were already eligible.
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The move also creates greater certainty and simplicity, as the same limits apply across WA, no matter where you’re looking to buy.
In short: more flexibility, more choice, and a better chance to find a home that truly fits.
What This Means for the Market & Developers
The announcement also comes alongside the WA Government’s new $75 million Build to Rent Kickstart Fund, aimed at boosting rental supply.
For developers, this means:
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Access to no-interest construction loans and low-interest loans for up to 10 years.
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Greater financial support to overcome early feasibility hurdles, often the biggest challenge in Build to Rent projects.
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An opportunity to help meet WA’s growing demand for rental properties while diversifying investment opportunities.
Expressions of interest are already open via the Keystart website, with formal applications to follow later in the year.
For more details, visit Keystart’s Build to Rent page.
The Bottom Line
By increasing property price limits and introducing the Build to Rent Kickstart Fund, Keystart and the WA Government are taking a dual approach: making homeownership more achievable for buyers while also strengthening WA’s rental market through developer support.
These measures reflect a broader push to keep pace with the housing market and ensure more West Australians have access to stable, affordable housing options.
Source: REIWA
