Keystart have increased their maximum property price cap!

Breaking News! Keystart have announced their property price caps will be increased to $560,000 in metropolitan and regional areas. This means that eligible home buyers can get their building journey started from a 2%* deposit, with NO Lenders Mortgage Insurance, for packages up to $560K.

This initiative will help thousands of WA homebuyers who may have not been able to access Keystart before.

Keep scrolling for our House & Land packages you could get started with on a low deposit option OR fill out the form and together with our partners at Resolve Finance we can chat through your options.

Want to know how to get started with 2%* deposit? Get in touch today.

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Keystart House & Land Packages Under $560k!

Check out our House & Land packages which you can get with Keystart's latest property price cap increase announcement

Your top questions answered

Keystart is Western Australia’s state government initiative to assist eligible homebuyers to access finance with a deposit from 2%*, while paying no lenders mortgage insurance (LMI).

It’s important to note that the income limits will remain the same. For a breakdown of the eligibility criteria, download our infographic here or chat to a Resolve Finance mortgage broker.

This move is set to align the property price caps with Perth’s median house price which is currently $540,000. (The West Australian, December 2022).

The previous property price caps of $480,00 in metropolitan areas and $500,000 in regional areas have meant that large portions of housing have been excluded from eligibility. This is particularly evident in the inner suburbs of Perth, as their purchase prices are above these limits.

If you’re ready to own your own home and are looking to purchase a property beyond the previous price limits or you have been deterred in the past by the criteria, now is the time to find out if you’re eligible.

All home buyer’s circumstances and goals are different, so it’s important to find out what is right for you.

*Terms and conditions apply. Eligibility criteria applies for the First Home Owners Grant available to first home buyers only. For more information visit www.finance.wa.gov.au. Property price limits and income limits may be subject to change. Eligibility is at the discretion of Keystart. For full details on Keystart please head to their page: www.keystart.com.au/about-us/industry/Income-and-property-price-limits. Resolve Financial Solutions Pty Ltd trading as Resolve Finance ABN 65 079 545 378, Australian Credit Licence No.385487. Source: Keystart changes to boost affordable housing options (mediastatements.wa.gov.au)