First home buyer loans Perth view rates

Anyone buying their first home in WA with a 5% deposit can apply, regardless of income level. Earlier versions of the scheme had strict income limits and only a set number of places each year. Previously, many Perth homes were out of reach because the caps were too low. With this increase, a much larger share of Perth properties qualify, giving first-home buyers more choice in suburbs and house types. By visiting our website, you acknowledge that we may collect information about your visit to help make your experience better and improve our services.
The main benefit of the scheme is being able to purchase a home with a smaller deposit while avoiding lenders mortgage insurance (LMI). Most states pay the FHOG at settlement when you provide a valid contract and Perth Property Investment Loans meet the eligibility rules. For owner-builders or off-the-plan purchases, the grant may not be paid until practical completion. Your conveyancer typically lodges the application alongside the loan settlement.

It also boasts excellent transport links, including proximity to the Mitchell Freeway and Alkimos train station, as well as two  schools and nearby shopping precincts. High interest rates have also been a challenge, although Flaherty says cuts forecast for 2025 will bring “some relief”. The seminars will also showcase areas in Perth that offer affordability, lifestyle, and future growth potential. There’s also fresh hope with housing developments bringing new stock to market across Perth, particularly in the popular north-west corridor.
From the price of the land to the finishing touches in your new home, everything is laid out clearly. Finally, our team of experts are here to guide you every step of the way. From understanding the fine print to assisting you in securing a home loan, we’ll be by your side every step of the way. First-time home buyer loans, grants and programs can make the path to homeownership more affordable than you might expect.
The First Home Owner Grant (FHOG) in Australia is a national scheme funded by the states and territories and administered under their own legislation. The amount of the grant and eligibility criteria can vary depending on the state or territory in which you intend to purchase your home. Explore different loan types, home loan interest rates and borrowing options.

Government support for first home buyers has expanded significantly over the last few years. This guide is a current, plain-English map of what you can actually claim and how the pieces fit together. Yes, first home buyers in Western Australia may be eligible for stamp duty concessions or exemptions. The Western Australian government provides various measures to support first home buyers in reducing the cost of stamp duty. Eligible first home buyers may qualify for the First Home Owner Rate of Duty, which offers a reduced rate or complete exemption from paying stamp duty on their first property purchase.
Under the worst-case scenario, population growth would fall below 400,000 people, there would be no rate cut, and commodity prices would remain firm. That could lead to an even larger drop in house prices in Sydney, Melbourne, Hobart and Canberra, but growth in Perth, Brisbane, Adelaide and Darwin. Grow your property investment knowledge with our free resources and property market reports.

Specializing in both first-time purchases and refinancing, they excel at managing complicated financial setups and liaising with multiple lenders to secure optimal solutions. The practice excels in first-home buyer guidance, refinancing solutions, and investment property loans. With a perfect 5.0-star rating from 200 reviews, customers consistently praise Laszlo's ability to simplify complex mortgage processes and secure optimal loan terms. Their Australia-wide network ensures personalized service regardless of your location. As a true one-stop shop, FinanceCorp connects clients with trusted affiliate partners for building inspections, conveyancing, and other property-related services.
This allows us to pass those  savings directly on to you through competitive home and car loan rates. The guarantee is issued by Housing Australia to the lender, not to you directly. It covers the difference between your 5% deposit and the 20% threshold — essentially up to 15% of the  property value.
For starters, our selection is vast and varied, with options to suit every lifestyle and budget. Whether you’re looking for a cosy three-bedroom nest or a spacious five-bedroom family home, we have a package that fits your needs. With no hidden costs or surprises, you’ll know exactly what’s included in your package from the get-go.

By preparing early before June 30, buyers often place themselves in a stronger position compared to waiting until later in the year when competition can increase further. He encouraged people to look at apartments rather than standalone homes as a "great alternative" to long-term renting. Mortgage Choice broker James Algar said he had been approached by potential buyers who thought they'd live in the home for a year and then rent it out.
Cotality’s weekly auction result summary for the week ending 17 May 2026 reported Sydney at 43.1%, Melbourne at 54.4%, Brisbane at 49.7%, Perth at 40%, Canberra at 42%, Adelaide at 62.8% and combined capitals at 50.4%. This is why first home buyers should avoid making decisions from one headline number alone. A national auction clearance rate may look strong or weak, but your target suburb could behave very differently. For example, Sydney and Melbourne usually have higher auction volumes, while many regional areas and smaller markets rely more heavily on private treaty sales.

Read our Credit Guide, Privacy Policy, and Terms & Disclaimer before acting on anything you read here. At the moment, the perceived volume (of potential new buyers) is creating a frenzy. Treasury estimates the scheme will only add a modest 0.5 per cent to home prices over six years, but others have questioned that figure. Given cost of living pressures, Johnson said he could never afford to save the required deposit if he went it alone.
One of the key advantages for first home buyers in Perth is entering the property market value. Over time, as property values increase, so does your financial position. The long-term benefit starts with the smart first step into the market with confidence. Buying your first home in Perth can feel overwhelming, especially when you're trying to understand all the support options available.