Home Loans in Western Australia (WA) - Compare Rates from 70+ Lenders

Q: What is the average home loan interest rate in Western Australia in 2026?

In Western Australia, the average variable home loan interest rate for owner-occupiers paying principal and interest is approximately 6.78% as of 2 November 2026. The lowest variable rates available to WA borrowers start from 5.93% p.a. (6.28% comparison rate) from online lenders. Fixed rates start from 6.09% p.a. (6.24% comparison rate). These rates assume an 80% loan-to-value ratio on a standard owner-occupier loan. Western Australia's lower median property prices compared to the eastern states mean smaller loan sizes, resulting in lower total interest paid and faster potential equity growth.

Q: Which banks offer the best home loan rates in Western Australia?

In Western Australia, the best home loan rates as of 2026 come from a mix of online and traditional lenders. Unloan (backed by CommBank) offers a competitive variable rate with offset and redraw. Athena offers a competitive rate with automatic rate matching. Among the major banks, ING leads, followed by Macquarie and CommBank. Bankwest, headquartered in Perth and owned by CommBank, is a strong local option with competitive rates and extensive WA branch coverage. For first home buyers, Keystart Home Loans offers a unique government-backed low-deposit option not available in other states.

Q: How much deposit do I need for a home in Perth?

To purchase a home in Perth at the median house price of approximately $720,000, you would ideally need a 20% deposit of $144,000 to avoid paying Lenders Mortgage Insurance (LMI). The minimum deposit most lenders accept is 5%, which is $36,000 for a $720,000 property. First home buyers in WA can access the Keystart Home Loans scheme with as little as a 2% deposit and no LMI, making Perth one of the most accessible capital city markets for first-time buyers. The federal First Home Guarantee also allows 5% deposits without LMI. Regional WA properties with a median of approximately $420,000 require a 20% deposit of just $84,000.

Q: How does FIFO income affect home loan applications in WA?

Fly-in, fly-out (FIFO) workers in Western Australia face unique considerations when applying for home loans. Most lenders accept FIFO income for home loan applications, but the assessment process can be more complex. Lenders typically require 2 years of employment history in the FIFO role, consistent payslips showing base salary plus regular allowances, and confirmation of ongoing employment. Some lenders discount irregular allowances (site allowances, overtime, bonuses) by 20-50% when assessing borrowing capacity. Variable income from contract FIFO work may be treated differently to permanent FIFO employment. Using a mortgage broker experienced in FIFO applications is recommended for WA borrowers.

Q: What government grants are available for first home buyers in WA?

First home buyers in Western Australia can access several government grants and schemes. The WA First Home Owner Grant provides $10,000 for new homes with no specified price cap (though the home must be valued at $800,000 or less south of the 26th parallel for the FHOG (from 7 May 2026)). First home buyers are exempt from transfer duty on established or new homes up to $600,000 and receive a concession up to $800,000 (thresholds for transactions from 7 May 2026). The Keystart Home Loans scheme offers 2% deposit loans with no LMI. The federal First Home Guarantee allows 5% deposits without LMI (unlimited places and no income cap since October 2025). The Help to Buy shared equity scheme requires just a 2% deposit.

Q: What is stamp duty on a $720,000 property in Western Australia?

Stamp duty (transfer duty) on a $720,000 property in Western Australia is approximately $28,215 for a standard purchaser. First home buyers in WA are exempt from transfer duty on established or new homes up to $600,000 and receive a concession up to $800,000 (thresholds for transactions from 7 May 2026). For off-the-plan apartments, the concession threshold is higher. WA stamp duty rates are generally lower than those in NSW and Victoria for equivalent property values. Foreign buyers pay an additional 7% surcharge on top of standard duty.

Q: What is the Keystart Home Loans scheme in Western Australia?

Keystart is a Western Australian Government initiative that provides low-deposit home loans to eligible buyers who may not qualify for a standard bank loan. Keystart loans require as little as a 2% deposit with no Lenders Mortgage Insurance, making it one of Australia's most accessible home ownership pathways. Income limits apply - generally $105,000 for singles and $150,000 for couples (higher in some regional areas). Keystart loans are variable rate only and do not offer offset accounts, but borrowers can refinance to a mainstream lender once they have built sufficient equity. Keystart has helped over 115,000 Western Australians into home ownership since 1989.

Q: What are the hidden costs of buying a home in Western Australia?

Beyond the purchase price and stamp duty, buying a home in Western Australia involves several additional costs. Settlement agent fees (WA uses settlement agents instead of solicitors) typically run $800-$1,500. Building and pest inspections cost $400-$700. Strata inspection reports for units cost $200-$350. Loan application fees range from $0-$600. Lenders Mortgage Insurance (LMI) applies if your deposit is below 20% and can cost $5,000-$25,000 on a Perth property. Landgate registration fees are approximately $180-$250. Adjustments for council rates and water rates apply at settlement. Moving costs average $400-$1,200. Budget an additional 3-5% of the purchase price for these costs.

Q: What is the median house price in Perth in 2026?

The median house price in Perth is approximately $720,000 as of early 2026, according to CoreLogic data. Perth has been one of Australia's strongest-performing capital city markets, with prices growing approximately 18% over the 12 months to September 2026, driven by mining sector strength, interstate migration, and historically low housing supply. The median unit price in Perth is approximately $450,000. Prices range from $400,000-$550,000 in outer suburbs like Armadale, Rockingham, and Mandurah to over $1.5 million in western suburbs like Cottesloe, Dalkeith, and Peppermint Grove.

Q: Can I get a home loan for regional Western Australia?

Yes, most major banks and online lenders approve home loans for regional Western Australia properties, though WA has more postcode restrictions than eastern states due to remote locations and mining town volatility. All major banks lend in Bunbury, Geraldton, Albany, Kalgoorlie, and Mandurah. Some lenders restrict lending in remote mining towns like Karratha, Port Hedland, and Newman where property values can fluctuate significantly with commodity prices. Keystart Home Loans is particularly valuable for regional WA borrowers as it has broader postcode acceptance and lower deposit requirements. Regional WA median prices around $420,000 make these areas very affordable.

Compare home loan rates available to Western Australian borrowers. Perth metro median property price is ~$720K, regional WA ~$420K. Access the Keystart low-deposit scheme and strong mining sector incomes.

Rates updated 2 November 2026

Loan purpose

Repayment type

Loan amount

100% free. No impact on your credit score. Default loan amount based on 80% LVR on Perth median.

Compare home loan rates Western Australia

Where Western Australia home loan rates sit today

Rates rising

4.60%

RBA Cash Rate

Up from 4.35% - 29 Sept 2026

$576K

Median New Loan

Below national average

From 6.09%

Lowest Fixed Rate

6.24% comparison rate

Perth’s median new mortgage around $576K sits well below the national average, and WA’s resource-driven economy continues to support borrowing capacity. The RBA has lifted the cash rate to 4.60% (up from 4.35%), and lenders keep repricing independently, so WA borrowers are well positioned to compare.

70+ lenders in WA Updated daily Keystart scheme available Perth & regional WA

Western Australia Home Loan Key Facts

WA at a glance · 2026

6.78%

Avg variable rate

Owner-occ · lowest 5.93%

$720K

Perth median price

Regional WA ~$420K

$480K

Average loan size

Well below national average

$28,215

Stamp duty (median)

Standard buyer · $720K home

FHB stamp duty exemption

Up to $600K (exempt); concessional rate $600K-$800K (transactions from 7 May 2026).

Key WA features

Keystart 2% deposit scheme, best state battery incentives nationally, mining FIFO income assessment complexities.

Sources: CoreLogic, RBA Table F6, ABS Lending Indicators, WA Department of Finance. Data as of 11 September 2026.

Best Home Loan Rates in Perth and Western Australia

Rates shown are available to Western Australia borrowers. Some lenders have postcode restrictions in remote and mining-dependent areas. Monthly repayments are estimated based on a $720K property with 20% deposit ($576,000 loan) over 30 years.

Lender	Product	Rate (p.a.)	Comparison Rate	Monthly ($576K/30yr)	Features
SCCU	EMONEY HOME LOAN	5.93%	6.28%	$3,428	Offset, Redraw
SCCU	BROKER HOME LOAN	5.93%	6.28%	$3,428	Offset, Redraw
NORTHERN INLAND CREDIT UNION LTD.	Value Home Loan - Owner Occupied	5.94%	5.98%	$3,431	Redraw, Digital banking
The Mutual Bank	Budget Home Loan	6.04%	6.04%	$3,468	Digital banking, Redraw
Greater Bank	Discounted Great Rate Home Loan - Variable Owner Occupied	6.09%	6.10%	$3,487	Redraw, Digital banking
Macquarie verified Sep 23	Basic Home Loan	6.09%	6.11%	$3,487	Offset, Redraw
South West Slopes Credit Union	Intro Discounted Standard Variable Home Loan	6.10%	6.10%	$3,491	Digital banking, Redraw, Offset, NPP
South West Slopes Credit Union	Optimum 2 Year Fixed Rate Home Loan	6.10%	6.10%	$3,491	Digital banking, NPP, Redraw
South West Slopes Credit Union	Optimum 3 Year Fixed Rate Home Loan	6.10%	6.10%	$3,491	Digital banking, NPP, Redraw
POLICE CREDIT UNION LIMITED	Low Rate Home Loan Special Offer - Owner Occupied	6.14%	6.18%	$3,505	Digital banking, NPP, PayID, Redraw, Offset
TRANSPORT MUTUAL CREDIT UNION LTD	REFI SPECIAL OWNER OCCUPIED	6.14%	6.24%	$3,505	Redraw, Offset
TRANSPORT MUTUAL CREDIT UNION LTD	2 FIXED RATE HOME LOAN	6.14%	6.14%	$3,505	Redraw, Offset
TRANSPORT MUTUAL CREDIT UNION LTD	1 YEAR FIXED RATE LOAN	6.14%	6.14%	$3,505	Offset, Redraw
Bendigo Bank	Bendigo Express Home Loan	6.14%	6.27%	$3,505	Redraw, Offset
Community First Credit Union	Go Basic Variable Home Loan - Owner-occupied LVR 80% (Principal and Interest)	6.15%	6.20%	$3,509	Digital banking, Redraw
MACARTHUR CREDIT UNION LTD	GOVT LOW DEP VARIABLE OOC PI	6.17%	6.24%	$3,517	Redraw, Digital banking, PayID, NPP
Bank of China	Discount Home Loan (With Principal and Interest Repayment)	6.18%	6.38%	$3,520	Redraw, Digital banking
Bank of China	Discount Plus Home Loan (with Principal and Interest Repayment)	6.18%	6.56%	$3,520	Redraw, Offset, Digital banking
Bank of us	Flexidiscount Home Loan	6.19%	6.19%	$3,524	Redraw, Digital banking, NPP
FIRST OPTION BANK	SIMPLE HOME LOAN	6.19%	6.19%	$3,524	Digital banking, Redraw
Border Bank	Customs Value Home Loan	6.19%	6.26%	$3,524	Redraw, Offset
Up	Up Home Loan	6.20%	6.20%	$3,528	Digital banking, Offset, Redraw
Bank of us	TOPLINE HOME LOAN	6.24%	6.24%	$3,543	NPP, Redraw, Digital banking, Offset
UNITY BANK	Momentum Home Loan 60LVR - Owner Occupier - Variable - P&I SO	6.24%	6.29%	$3,543	Offset, Redraw, PayID, NPP, Digital banking
BankWAW	Back to Basics Owner Occupied	6.24%	6.29%	$3,543	Redraw
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interest - Principal and Interest - Local Choice Loan - LVR < 60%	6.24%	6.30%	$3,543	Redraw, Offset
Bank First Production	Basic Home Loan Variable LVR<60%	6.24%	6.29%	$3,543	Redraw, PayID, Digital banking
FIRST OPTION BANK	COMPLETE PACKAGE HOME LOAN	6.24%	6.59%	$3,543	Redraw, Digital banking, Offset
Police Bank	Goldrate Home Loan	6.24%	6.31%	$3,543	Redraw, Offset
BankVic	Home Loan Special Variable Rate	6.24%	6.24%	$3,543	Redraw, Offset
Border Bank	Goldrate Home Loan	6.24%	6.31%	$3,543	Offset, Redraw
NORTHERN INLAND CREDIT UNION LTD.	Dream Home Loan New Borrowing	6.24%	6.58%	$3,543	Redraw, Offset, Digital banking
NORTHERN INLAND CREDIT UNION LTD.	Dream Home Loan New Borrowing INV	6.24%	6.58%	$3,543	Redraw, Offset, Digital banking
HUME BANK LIMITED	liteBlue O/Occ P+I (up to 60%LVR)	6.24%	6.25%	$3,543	Digital banking, Redraw
Community First Credit Union	BOOST PACKAGE HOME LOAN - OWNER-OCCUPIED LVR 80% (Principal and Interest)	6.29%	6.66%	$3,562	Offset, Redraw, Digital banking
ING	Mortgage Simplifier	6.29%	6.32%	$3,562	Digital banking, PayID, NPP, Redraw
Bank First Production	Basic Home Loan Variable LVR 60-70%	6.29%	6.34%	$3,562	Redraw, PayID, Digital banking
A-Auswide Bank	BASIC HOME LOAN	6.29%	6.32%	$3,562	Redraw, NPP, PayID
Tiimely	Tiimely Basic Home Loan	6.29%	6.30%	$3,562	Redraw
Easystreet	STREET SMART VARIABLE HOME LOAN - OWNER-OCCUPIED (Principal and Interest)	6.29%	6.34%	$3,562	Offset, Redraw
Credit Union SA	Variable Home Loan Package Specials	6.29%	6.66%	$3,562	Redraw, Offset, Digital banking
NRMA Insurance	NRMA Basic Home Loan	6.33%	6.37%	$3,577	Redraw
UNITY BANK	Advantage Home Loan - Owner Occupied - Variable P&I - Without Offset	6.34%	6.39%	$3,580	Redraw, PayID, NPP, Digital banking
UNITY BANK	Momentum Home Loan 60-80LVR - Owner Occupier - Variable - P&I SO	6.34%	6.39%	$3,580	Offset, Redraw, PayID, NPP, Digital banking
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR <60%	6.34%	6.72%	$3,580	Offset, PayID, Digital banking, Redraw
BankWAW	Home Equity Loan Owner Occupied	6.34%	6.37%	$3,580	Redraw
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interest - Principal and Interest - Local Choice Loan - LVR 60-70%	6.34%	6.40%	$3,580	Redraw, Offset
Bank First Production	Complete Home Loan Owner Occupied Variable LVR <60%	6.34%	6.39%	$3,580	Offset, PayID, Digital banking, Redraw
Bank First Production	Basic Home Loan Variable LVR 70-80%	6.34%	6.39%	$3,580	Redraw, PayID, Digital banking
CENTRAL WEST CREDIT UNION LTD	Premium Smart Home Loan	6.34%	6.40%	$3,580	Redraw, Offset, Digital banking
Credit Union SA	40 Year Home Loan Package	6.34%	6.71%	$3,580	Redraw, Offset, Digital banking
HUME BANK LIMITED	liteBlue O/Occ P+I (60%-80% LVR)	6.34%	6.35%	$3,580	Digital banking, Redraw
Credit Union SA	Variable Home Loan Package Specials	6.34%	6.71%	$3,580	Redraw, Offset, Digital banking
HUME BANK LIMITED	myBlue Variable O/Occ P+I (up to 60% LVR)	6.34%	6.34%	$3,580	Redraw, Digital banking, Offset
BankVic	Fixed Rate Home Loan - 5 years	6.35%	6.35%	$3,584
BankVic	Fixed Rate Home Loan - 4 years	6.35%	6.35%	$3,584
BankVic	Fixed Rate Home Loan - 3 years	6.35%	6.35%	$3,584
BankVic	Fixed Rate Home Loan - 1 year	6.35%	6.35%	$3,584
BankVic	Fixed Rate Home Loan - 2 years	6.35%	6.35%	$3,584
BankVic	Home Loan Variable Rate	6.35%	6.35%	$3,584	Redraw
BNK Bank (Goldfields Money/BCHL)	Gold Prime Residential Basic Home Loans	6.35%	6.38%	$3,584	Digital banking, Redraw
Qudos Bank	Low Cost Value Package	6.38%	6.56%	$3,595	Offset, Redraw
Qudos Bank	No Frills Home Loan	6.38%	6.38%	$3,595	Digital banking, NPP, PayID, Redraw
Qantas Money	QANTAS Money Basic Home Loan	6.38%	6.45%	$3,595	Redraw
Bendigo Bank	Bendigo Easy Home Loan	6.38%	6.40%	$3,595	Redraw
CommBank	Digi Home Loan (Owner Occupied)	6.39%	6.41%	$3,599	Redraw, Digital banking, Offset
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR 60-70%	6.39%	6.77%	$3,599	Digital banking, PayID, Redraw, Offset
Bank First Production	Complete Home Loan Owner Occupied Variable LVR 60-70%	6.39%	6.44%	$3,599	PayID, Digital banking, Redraw, Offset
BankVic	Offset Variable Rate Home Loan	6.39%	6.39%	$3,599	Redraw, Offset
POLICE CREDIT UNION LIMITED	Low Rate Home Loan - Owner Occupied	6.39%	6.46%	$3,599	Digital banking, NPP, PayID, Redraw, Offset
POLICE CREDIT UNION LIMITED	Renovation Loan - Owner Occupied	6.39%	6.46%	$3,599	Digital banking, NPP, PayID, Redraw, Offset
ORANGE CREDIT UNION LTD	Basic Variable Rate Home Loan	6.39%	6.44%	$3,599	Redraw
Bendigo Bank	Single Parents (Bendigo Complete Home Loan)	6.43%	6.65%	$3,614	Offset, Redraw
Unloan Prod	Unloan Home Loan	6.44%	6.35%	$3,618	Digital banking, Redraw, NPP
Bank of Queensland	Economy Variable Home Loan	6.44%	6.58%	$3,618	Redraw, Digital banking
THE CAPRICORNIAN	Variable Rate Offset Home Loan	6.44%	6.44%	$3,618	Offset, PayID, Digital banking, NPP, Redraw
UNITY BANK	Advantage Home Loan - Owner Occupied - Variable P&I - With Offset	6.44%	6.49%	$3,618	Redraw, Offset, PayID, Digital banking, NPP
UNITY BANK	Momentum Home Loan 80LVR - Owner Occupier - Variable - P&I SO	6.44%	6.49%	$3,618	Offset, Redraw, PayID, NPP, Digital banking
ING	Orange Advantage	6.44%	6.73%	$3,618	Digital banking, PayID, NPP, Redraw, Offset
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR 70-80%	6.44%	6.82%	$3,618	PayID, Digital banking, Redraw, Offset
Greater Bank	Discounted Ultimate Packaged Home Loan - Variable Owner Occupied	6.44%	6.80%	$3,618	Offset, Digital banking, Redraw
Bank First Production	Complete Home Loan Owner Occupied Variable LVR 70-80%	6.44%	6.49%	$3,618	Offset, PayID, Digital banking, Redraw
Bank of Sydney	BOS Basic Home Loan Owner Occupied	6.44%	6.48%	$3,618	Redraw, Digital banking
The Mutual Bank	Package Home Loan	6.44%	6.80%	$3,618	Offset, Redraw, Digital banking
NAB	NAB Tailored Home Loan	6.44%	6.57%	$3,618	Offset, Digital banking, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ P+I (60.01 - 80.00% LVR)	6.44%	6.44%	$3,618	Redraw, Digital banking, Offset
Community First Credit Union	Go Basic Variable Home Loan - Owner-occupied LVR 95% (Principal and Interest)	6.45%	6.50%	$3,622	Digital banking, Redraw
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interest - Principal and Interest - Local Choice Loan - LVR 70-80%	6.49%	6.55%	$3,637	Redraw, Offset
TRANSPORT MUTUAL CREDIT UNION LTD	BASIC VARIABLE LOAN	6.49%	6.59%	$3,637	Redraw, Offset
Cairns Bank	CLASSIC HOME LOAN VARIABLE <60 LVR PI	6.49%	5.95%	$3,637	Redraw
Aussie Home Loans	Aussie Elevate Basic Home Loan	6.54%	6.56%	$3,656	Redraw
Connective Select Home Loans	Connective Select Basic Home Loan	6.54%	6.56%	$3,656	Redraw
ORANGE CREDIT UNION LTD	Premium Home Loan Fixed 12 mths P&I Owner Occupied	6.54%	6.54%	$3,656	Offset, Redraw
ORANGE CREDIT UNION LTD	Premium Home Loan Fixed 24 mths P&I Owner Occupied	6.54%	6.54%	$3,656	Offset, Redraw
ORANGE CREDIT UNION LTD	Premium Home Loan Fixed 36 mths P&I Owner Occupied	6.54%	6.54%	$3,656	Offset, Redraw
Cairns Bank	CLASSIC HOME LOAN VARIABLE 60-80 LVR PI	6.54%	6.00%	$3,656	Redraw
AFG Home Loans Alpha	AFG Alpha Basic Home Loan	6.54%	6.56%	$3,656	Redraw
HUME BANK LIMITED	liteBlue O/Occ P+I (80%-90% LVR)	6.54%	6.55%	$3,656	Digital banking, Redraw
Community First Credit Union	BOOST PACKAGE HOME LOAN - OWNER-OCCUPIED LVR 95% (Principal and Interest)	6.59%	6.96%	$3,675	Offset, Redraw, Digital banking
Unknown lender	Standard Variable Plus	6.59%	6.75%	$3,675	Redraw, Offset
Cairns Bank	PLUS HOME LOAN VARIABLE <60 LVR	6.59%	6.27%	$3,675	Redraw, Offset
LCU	Intelligent Mortgage 1 Year Fixed	6.60%	6.61%	$3,679	Redraw, Digital banking, NPP, PayID
LCU	Intelligent Mortgage 2 Years Fixed	6.60%	6.63%	$3,679	Redraw, Digital banking, NPP, PayID
LCU	Intelligent Mortgage Variable	6.60%	6.62%	$3,679	Redraw, Offset, Digital banking, NPP, PayID
THE CAPRICORNIAN	No Frills Owner Occupied Home Loan	6.64%	6.69%	$3,694	PayID, NPP, Digital banking, Redraw
Bank of Sydney	Expect More Home Loan Owner Occupied	6.64%	6.79%	$3,694	Digital banking, Offset, Redraw
ORANGE CREDIT UNION LTD	Premium Home Loan Variable	6.64%	6.69%	$3,694	Offset, Redraw
Cairns Bank	PLUS HOME LOAN VARIABLE 60-80 LVR PI	6.64%	6.32%	$3,694	Redraw, Offset
Bank Australia	Basic Home Loan	6.64%	6.64%	$3,694	Digital banking, Redraw
Bank Australia	Offset Home Loan	6.64%	6.82%	$3,694	Digital banking, Offset, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ P+I (80.01-90.00% LVR)	6.64%	6.64%	$3,694	Redraw, Digital banking, Offset
Bank First Production	Premier Package Home Loan Owner Occupied Construction Variable LVR<80%	6.69%	6.85%	$3,713	PayID, Digital banking, Redraw, Offset
Bank First Production	Complete Home Loan Owner Occupied Construction Variable LVR<80%	6.69%	6.51%	$3,713	Offset, PayID, Digital banking, Redraw
NAB	NAB Base Variable Rate Home Loan	6.69%	6.69%	$3,713	Redraw, Digital banking
NORTHERN INLAND CREDIT UNION LTD.	Dream Home Loan Variable PI Owner Occupied	6.69%	7.03%	$3,713	Redraw, Offset, Digital banking
RACQ Bank	Fair Dinkum Home Loan	6.69%	6.69%	$3,713	Digital banking, NPP
Liberty Financial	Low rate home loan	6.74%	6.82%	$3,732	Redraw
TRANSPORT MUTUAL CREDIT UNION LTD	STANDARD VARIABLE LOAN	6.74%	6.84%	$3,732	Redraw, Offset
Defence Bank Limited	Premier Low Rate	6.74%	6.74%	$3,732	Redraw
Cairns Bank	CLASSIC HOME LOAN VARIABLE 80-90 LVR PI	6.74%	6.20%	$3,732	Redraw
HUME BANK LIMITED	liteBlue O/Occ I/O(up to 60% LVR)	6.74%	6.48%	$3,732	Digital banking, Redraw
Community First Credit Union	Community Advantage Variable Owner Occupied (Principal and Interest)	6.79%	6.84%	$3,751	Redraw
Qudos Bank	Construction Home Loan	6.79%	6.65%	$3,751
RACQ Bank	Mortgage Saver Home Loan	6.79%	6.83%	$3,751	Digital banking, NPP, Redraw
Bank of Queensland	Clear Path Variable Home Loan	6.84%	6.96%	$3,770	Offset, Redraw
Liberty Financial	Debt consolidation home loan	6.84%	7.11%	$3,770	Offset, Redraw
Liberty Financial	Flexible home loan	6.84%	7.11%	$3,770	Offset, Redraw
Bank First Production	Basic Home Loan Variable LVR 80-90%	6.84%	6.89%	$3,770	Redraw, PayID, Digital banking
Defence Bank Limited	Premier Home Loan	6.84%	6.84%	$3,770	Offset, Redraw
Defence Bank Limited	Ultimate Essentials Construction (INV)	6.84%	6.93%	$3,770	Offset, Digital banking, Redraw
AMP - My AMP	Equity Flex	6.84%	7.15%	$3,770	Redraw, Offset, Digital wallet, Digital banking
Cairns Bank	PLUS HOME LOAN VARIABLE 80-90 LVR PI	6.84%	6.51%	$3,770	Redraw, Offset
HUME BANK LIMITED	liteBlue O/Occ I/O (60%-80% LVR)	6.84%	6.58%	$3,770	Digital banking, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ I/O (up to 60% LVR)	6.84%	6.56%	$3,770	Redraw, Digital banking, Offset
HORIZON BANK	Home Sweet Home Loan	6.89%	7.12%	$3,790	Redraw, Digital banking, NPP, Offset
IMB Bank	Essentials Home Loan	6.89%	7.00%	$3,790	Offset, Digital banking, Redraw
IMB Bank	Budget Home Loan	6.89%	6.95%	$3,790	Digital banking, Redraw
AMB Bank Product	DHOAS Construction Loan	6.89%	6.92%	$3,790
AMB Bank Product	DHOAS Rate Saver Home Loan	6.89%	6.92%	$3,790	Redraw
RACQ Bank	Mortgage Breaker Owner Occupied	6.89%	6.93%	$3,790	NPP, Digital banking, Offset, Redraw
Bank of us	TOPLINE RES. INV. LOAN	6.94%	7.01%	$3,809	NPP, Redraw, Digital banking, Offset
THE CAPRICORNIAN	Lifestyle Home Loan	6.94%	6.99%	$3,809	Offset, PayID, NPP, Digital banking, Redraw
St. George Bank	Basic Variable Home Loan	6.94%	6.95%	$3,809	Redraw, Digital banking
Bank of Melbourne	Basic Variable Home Loan	6.94%	6.95%	$3,809	Redraw, Digital banking
Bank First Production	Complete Home Loan Owner Occupied Variable LVR >80% <90%	6.94%	6.99%	$3,809	Offset, PayID, Digital banking, Redraw
BankSA	Basic Variable Home Loan	6.94%	6.95%	$3,809	Redraw, Digital banking
POLICE CREDIT UNION LIMITED	Better Home Loan 80% LVR - Owner Occupied	6.94%	7.01%	$3,809	Digital banking, NPP, PayID, Redraw, Offset
POLICE CREDIT UNION LIMITED	Better Home Loan 90% LVR - Owner Occupied	6.94%	7.01%	$3,809	Digital banking, NPP, PayID, Redraw, Offset
QBANK	Classic Home Loan	6.94%	6.96%	$3,809	Redraw
Cairns Bank	CLASSIC HOME LOAN VARIABLE >90 LVR PI	6.94%	6.40%	$3,809	Redraw
HUME BANK LIMITED	liteBlue O/Occ P+I (90%-95% LVR)	6.94%	6.95%	$3,809	Digital banking, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ I/O (60.01 - 80.00% LVR)	6.94%	6.66%	$3,809	Redraw, Digital banking, Offset
Newcastle Permanent	Real Deal Home Loan Principal and Interest	6.99%	7.03%	$3,828	Redraw, Digital banking
MACARTHUR CREDIT UNION LTD	LOW LVR OOC P&I	6.99%	7.06%	$3,828	Redraw
AMB Bank Product	Construction Loan	6.99%	7.02%	$3,828
AMB Bank Product	RateSaver Home Loan	6.99%	7.02%	$3,828	Redraw
CENTRAL WEST CREDIT UNION LTD	Minimiser Home Loan	7.04%	7.10%	$3,848	Redraw, Digital banking
Defence Bank Limited	Ultimate Essentials I/O Con	7.04%	7.13%	$3,848	Offset, Digital banking
QBANK	Classic Plus Home Loan	7.04%	7.31%	$3,848	Offset, Redraw
Defence Bank Limited	Ultimate Essentials Variable	7.04%	7.13%	$3,848	Digital banking, Offset, Redraw
AMB Bank Product	DHOAS Value Home Loan	7.04%	7.07%	$3,848	Offset, Redraw
AMB Bank Product	DHOAS Standard Variable Home Loan	7.04%	7.07%	$3,848	Redraw, Offset
AMP - My AMP	AMP Essential Home Loan	7.04%	7.07%	$3,848	Redraw
Cairns Bank	PLUS HOME LOAN VARIABLE >90 PI	7.04%	6.71%	$3,848	Redraw, Offset
HUME BANK LIMITED	liteBlue O/Occ I/O (80%-90% LVR)	7.04%	6.78%	$3,848	Digital banking, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ P+I (90.01 -95.00% LVR)	7.04%	7.04%	$3,848	Redraw, Digital banking, Offset
Westpac	Flexi First: Our lowest online variable home loan rate (Owner Occupied)	7.09%	7.10%	$3,867	Redraw, Digital banking
Bank of us	FLEXICHOICE HOME LOAN	7.11%	7.32%	$3,875	NPP, Redraw, Digital banking, Offset
NRMA Insurance	NRMA Offset Home Loan	7.13%	7.33%	$3,883	Offset, Redraw
Bendigo Bank	Bendigo Complete Home Loan	7.13%	7.35%	$3,883	Offset, Redraw
Bendigo Bank	Bendigo Flex Home Loan	7.13%	7.30%	$3,883	Offset, Redraw
Bendigo Bank	Bendigo Flex Home Loan (Retail)	7.13%	7.33%	$3,883	Offset, Redraw
Defence Bank Limited	Ultimate Essentials I/O	7.14%	7.23%	$3,886	Offset, Digital banking
Tiimely	Tiimely Offset Home Loan	7.14%	7.30%	$3,886	Offset, Redraw
HUME BANK LIMITED	myBlue Variable O/Occ I/O (80.01-90.00% LVR)	7.14%	6.86%	$3,886	Redraw, Digital banking, Offset
CENTRAL WEST CREDIT UNION LTD	Smart Home Loan	7.15%	7.21%	$3,890	Redraw, Offset, Digital banking
CENTRAL WEST CREDIT UNION LTD	Smart Fixed Rate Home Loan 2 year	7.15%	7.15%	$3,890	Digital banking, Redraw
CENTRAL WEST CREDIT UNION LTD	Smart Fixed Rate Home Loan 1 year	7.15%	7.15%	$3,890	Digital banking, Redraw
Health Professionals Bank	Your Way Plus Home Loan	7.19%	7.48%	$3,906	Redraw, Digital banking, Offset
Health Professionals Bank	Your Way Home Loan	7.19%	7.26%	$3,906	Redraw, Digital banking
Regional Australia Bank	Regional Australia Bank Home Loan (Non Offset)	7.19%	7.22%	$3,906	Redraw
UniBank	Your Way Plus Home Loan	7.19%	7.48%	$3,906	Redraw, Digital banking, Offset
UniBank	Your Way Home Loan	7.19%	7.26%	$3,906	Redraw, Digital banking
Bank First Production	Complete Home Loan Owner Occupied Construction Variable LVR 80-90%	7.19%	7.02%	$3,906	Offset, PayID, Digital banking, Redraw
AMB Bank Product	Standard Variable Home Loan	7.19%	7.23%	$3,906	Redraw, Offset
AMB Bank Product	Value Home Loan	7.19%	7.23%	$3,906	Offset, Redraw
BankWAW	Flexible Choice Owner Occupied	7.24%	7.29%	$3,925	Redraw, Offset
Liberty Financial	Low doc home loan	7.24%	7.51%	$3,925	Redraw, Offset
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interest - Principal and Interest	7.24%	7.30%	$3,925	Offset, Redraw
AMP - My AMP	AMP Superedge Loan	7.24%	7.61%	$3,925	Offset, Digital wallet, Digital banking
Credit Union SA	Variable Home Loan Package Principal and Interest	7.24%	7.59%	$3,925	Redraw, Offset, Digital banking
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR >80% <90%	7.28%	7.65%	$3,941	PayID, Redraw, Digital banking, Offset
Qantas Money	QANTAS Money Offset Home Loan	7.28%	7.50%	$3,941	Offset, Redraw
MACARTHUR CREDIT UNION LTD	LOW LVR INV P&I HOME LOAN	7.29%	7.36%	$3,945	Redraw
Bank First Production	Basic Home Loan Variable LVR>90%	7.29%	7.34%	$3,945	Redraw, PayID, Digital banking
Credit Union SA	Discounted Variable Rate Home Loan Principal and Interest	7.29%	7.32%	$3,945	Redraw, Digital banking
ANZ	ANZ Simplicity PLUS	7.34%	7.34%	$3,965	Digital banking, Redraw
Newcastle Permanent	Premium Plus Package Variable Home Loan Principal and Interest	7.35%	7.67%	$3,968	Digital banking, Offset, Redraw
Aussie Home Loans	Aussie Elevate Offset Home Loan	7.39%	7.56%	$3,984	Offset, Redraw
ME Bank	ME Bank CompleteME Home Loan	7.39%	7.75%	$3,984	Offset, Digital banking, Redraw
Liberty Financial	Fresh start home loan	7.39%	7.73%	$3,984	Redraw
Bank First Production	Complete Home Loan Owner Occupied Variable LVR >90%	7.39%	7.44%	$3,984	Digital banking, Redraw, PayID, Offset
Connective Select Home Loans	Connective Select Offset Home Loan	7.39%	7.56%	$3,984	Offset, Redraw
BNK Bank (Goldfields Money/BCHL)	Prime Alt Doc Jumbo (BNK)	7.39%	7.46%	$3,984	Offset, Digital banking, Redraw
AFG Home Loans Alpha	AFG Alpha Offset Home Loan	7.39%	7.56%	$3,984	Offset, Redraw
Regional Australia Bank	Regional Australia Bank Home Loan (Offset)	7.40%	7.43%	$3,988	Offset, Redraw
UniBank	Your Way Home Loan	7.44%	7.36%	$4,004	Redraw, Digital banking
THE CAPRICORNIAN	Premium Choice Home Loan	7.45%	7.50%	$4,008	PayID, NPP, Digital banking, Offset, Redraw
ANZ	ANZ Standard Variable home loan	7.49%	7.49%	$4,024	Digital banking, Redraw, Offset
Credit Union SA	Standard Variable Rate Home Loan Principal and Interest	7.49%	7.54%	$4,024	Offset, Redraw
AMP - My AMP	Professional Package	7.52%	7.92%	$4,035	Redraw, Offset, Digital wallet, Digital banking
Bank First Production	Premier Package Home Loan Owner Occupied Construction Variable LVR 80-90%	7.53%	7.68%	$4,039	Offset, PayID, Digital banking, Redraw
My State PM Production	Basic Variable Loan	7.54%	7.57%	$4,043	Redraw, Digital banking
My State PM Production	Special Residential Variable Loan	7.54%	7.59%	$4,043	Digital banking, Offset, Redraw
HUME BANK LIMITED	liteBlue O/Occ I/O (90%-95% LVR)	7.54%	7.23%	$4,043	Digital banking, Redraw
CENTRAL WEST CREDIT UNION LTD	Mortgage Equity Loan	7.60%	9.02%	$4,067	Redraw, Digital banking
Bank First Production	Complete Home Loan Owner Occupied Construction Variable LVR>90%	7.64%	7.47%	$4,083	PayID, Digital banking, Redraw, Offset
HUME BANK LIMITED	myBlue Variable O/Occ I/O (90.01 -95.00% LVR)	7.64%	7.31%	$4,083	Redraw, Digital banking, Offset
NORTHERN INLAND CREDIT UNION LTD.	Smart Home Loan Variable	7.69%	7.86%	$4,103	Redraw, Offset, Digital banking
CENTRAL MURRAY CREDIT UNION LIMITED	HOUSING LOAN (CODE) - Owner Occupied - Variable Interst - Principal and Interest - LVR > 80%	7.74%	7.81%	$4,123	Offset, Redraw
POLICE CREDIT UNION LIMITED	Standard Variable Home Loan 80% LVR - Owner Occupied	7.74%	7.81%	$4,123	Offset, Redraw, NPP
POLICE CREDIT UNION LIMITED	Standard Variable Home Loan 90% LVR - Owner Occupied	7.74%	7.81%	$4,123	NPP, Offset, Redraw
TRANSPORT MUTUAL CREDIT UNION LTD	HOME EQUITY LOAN	7.74%	7.85%	$4,123	Redraw
Bank First Production	Premier Package Home Loan Owner Occupied Variable LVR >90%	7.78%	8.15%	$4,138	Redraw, Offset, PayID, Digital banking
Bank of Queensland	BOQ Essential Home Loan	7.82%	7.84%	$4,154	Digital banking, Redraw
MACARTHUR CREDIT UNION LTD	BASIC VARIABLE LOAN OWNER OCCUPIED P&I >750K	7.87%	7.94%	$4,174	Redraw, Digital banking, PayID, NPP
Greater Bank	Ultimate Packaged Home Loan - Variable Owner Occupied	7.91%	8.26%	$4,190	Digital banking, Redraw, Offset
MACARTHUR CREDIT UNION LTD	BASIC VARIABLE LOAN OWNER OCCUPIED P&I 500K TO 750K	7.97%	8.04%	$4,214	Redraw, Digital banking, PayID, NPP
CommBank	Standard Variable Rate Home Loan (Owner Occupied)	7.99%	8.35%	$4,222	Redraw, Offset, Digital banking
CommBank	Simple Home Loan (Owner Occupied)	7.99%	8.13%	$4,222	Redraw, Offset, Digital banking
Virgin Money Australia	Virgin Money Lite Home Loan	8.02%	8.04%	$4,235	Digital banking, Redraw
Bank First Production	Premier Package Home Loan Owner Occupied Construction Variable LVR>90%	8.03%	8.17%	$4,239	PayID, Redraw, Offset, Digital banking
MACARTHUR CREDIT UNION LTD	BASIC VARIABLE LOAN OWNER OCCUPIED P&I 250K TO 500K	8.07%	8.14%	$4,255	Redraw, Digital banking, PayID, NPP
THE CAPRICORNIAN	Access Equity Home Loan	8.09%	8.14%	$4,263	PayID, NPP, Digital banking, Redraw
BNK Bank (Goldfields Money/BCHL)	Prime Alt Doc (BNK)	8.09%	8.17%	$4,263	Offset, Digital banking, Redraw
Greater Bank	Great Rate Home Loan - Variable Owner Occupied	8.11%	8.12%	$4,271	Digital banking, Redraw
MACARTHUR CREDIT UNION LTD	BASIC VARIABLE LOAN OWNER OCCUPIED P&I	8.17%	8.24%	$4,295	Redraw, Digital banking, PayID, NPP
MACARTHUR CREDIT UNION LTD	MORTGAGE OFFSET OWNER OCCUPIED P&I	8.17%	8.24%	$4,295	Redraw, Digital banking, NPP, PayID, Offset
AMP - My AMP	Land Loan	8.20%	8.26%	$4,307	Redraw, Digital banking
BOQ Specialist	Basic Home Loan	8.27%	8.45%	$4,335	Redraw
HORIZON BANK	HANDYLOAN	8.39%	8.39%	$4,384	Digital banking, PayID, NPP, Digital wallet
Virgin Money Australia	Virgin Money Loaded Home Loan	8.41%	8.68%	$4,392	Offset, Digital banking, Redraw
Bank of Queensland	BOQ Plus Home Loan	8.49%	8.76%	$4,425	Digital banking, Redraw
My State PM Production	Standard Variable Loan	8.62%	8.68%	$4,478	Digital banking, Offset, Redraw
Bank of China	Standard Variable Rate Home Loan	8.64%	8.71%	$4,486	Redraw, Digital banking
BNK Bank (Goldfields Money/BCHL)	Gold Prime Residential Special Home Loans	8.64%	8.67%	$4,486	Offset, Redraw, Digital banking
The Mutual Bank	Express Credit Facility	8.89%	8.89%	$4,589	PayID, NPP, Digital banking, Digital wallet
ANZ Plus	ANZ Plus Home Loan Variable	8.89%	8.89%	$4,589	Redraw, Offset, Digital banking
Judo Bank	Home Loan	8.90%	8.92%	$4,593	Redraw
Westpac	Premium Options Home Loan	9.08%	9.08%	$4,668	Redraw
Liberty Financial	Low deposit home loan	9.14%	9.89%	$4,693	Offset, Redraw
IMB Bank	Standard Variable Home Loan	9.21%	9.28%	$4,722	Offset, Digital banking, Redraw
THE CAPRICORNIAN	Mortgage Plus Home Loan	9.23%	9.23%	$4,730	Digital banking, Digital wallet, PayID, NPP
Bank of Melbourne	Variable Home Loan with Offset	9.34%	9.48%	$4,776	Offset, Redraw, Digital banking
BankSA	Variable Home Loan with Offset	9.35%	9.49%	$4,780	Offset, Redraw, Digital banking
St. George Bank	Variable Home Loan with Offset	9.36%	9.50%	$4,785	Offset, Redraw, Digital banking
Westpac	Rocket Loan: Variable Home Loan with Offset (Owner Occupied)	9.38%	9.52%	$4,793	Redraw, Offset, Digital banking
UNITY BANK	Retirees Access Home Loan	9.50%	9.60%	$4,843	Redraw, PayID, NPP, Digital banking
Arab Bank Australia Ltd Prod	The Basics Home Loan	9.54%	9.67%	$4,860	Redraw, Digital banking
Arab Bank Australia Ltd Prod	Basics Home Loan Special Offer	9.54%	9.67%	$4,860	Digital banking, Redraw
Bank of Melbourne	Relocation Loan without end	9.63%	9.45%	$4,898
Bank of Melbourne	Relocation Loan with end	9.63%	9.45%	$4,898
Arab Bank Australia Ltd Prod	Essentials Home Loan Special Offer	9.64%	9.69%	$4,902	Digital banking, Redraw, Offset
Arab Bank Australia Ltd Prod	Essentials Home Loan	9.64%	9.69%	$4,902	Redraw, Digital banking, Offset
BankSA	Relocation Loan with end	9.64%	9.46%	$4,902
BankSA	Relocation Loan without end	9.64%	9.46%	$4,902
St. George Bank	Relocation Loan without end	9.65%	9.47%	$4,906
St. George Bank	Relocation Loan with end	9.65%	9.47%	$4,906
BOQ Specialist	Plus Home Loan	9.69%	9.69%	$4,923
BOQ Specialist	Home Loan Banking Package	9.87%	10.33%	$5,000
A-Auswide Bank	HOME LOAN PLUS	10.01%	10.17%	$5,059	Offset, Redraw, NPP, PayID
NAB	NAB FlexiPlus Mortgage	10.36%	10.36%	$5,209	Digital banking
Bank of Sydney	Home Equity Maximiser Owner Occupied	11.90%	11.90%	$5,881	Digital banking

Rates based on $576,000 owner-occupier P&I loan (80% LVR on $720K Perth median), 30-year term. Rates are indicative and subject to change. "Lowest" = the lowest rate on our live CDR feed at the time of viewing, across the lenders we display, excluding products restricted to particular professions, first home buyers or government schemes. Each lender's eligibility criteria still apply and the lowest rate may not be available to you. Rates update daily and not all lenders are included, so other products may be lower. Source: Consumer Data Right (CDR), lender websites. Last updated: 2 November 2026. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Savings example: On Perth’s ~$576,000 median new loan over 30 years, cutting your rate by 0.60% saves about $220/month.

0 lenders included

Live CDR rates

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Compare your current rate against the lowest variable rate on our live Consumer Data Right feed - 5.93% p.a. across 70+ Australian lenders.

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*Illustrative only. Based on a $650,000 loan over 30 years moving from 6.20% (RBA average rate on outstanding owner-occupier variable loans, August 2026) to 5.93%, the lowest broadly available variable rate on our CDR feed. Lender eligibility criteria apply and it may not be available to you. Annual difference in principal and interest repayments (paid monthly), before fees and switching costs - not a projection over the loan term. Actual savings depend on your loan details and lender assessment.

Western Australia Home Loan Calculators

Estimate your borrowing power and repayments. Defaults are tuned to a typical WA home loan of $576,000.

Borrowing Power Calculator

Estimate how much you could borrow based on your income and expenses. Factors in APRA's 3% serviceability buffer.

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Repayment Calculator

Calculate your monthly, fortnightly or weekly home loan repayments and total interest paid on a WA home loan.

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Offset accounts work harder in Western Australia: Parking $50,000 in a 100% offset against a Perth-sized $576,000 loan at our lowest variable rate of 5.93% (lender eligibility criteria apply) trims interest by roughly $2,965/year while keeping the cash fully accessible - and shaves around 3 years off a 30-year term if left untouched. Try it in the repayment calculator below.

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WA home loan rates - made simple.

Compare home loan products available to WA buyers from 70+ Australian lenders. Indicative rates, fees and features in minutes - comparing on this site has no impact on your credit score.

Western Australia Property Market Overview

Western Australia's property market is experiencing its strongest growth cycle since the mining boom, with Perth prices up approximately 18% over the past 12 months. Driven by record-low housing supply, strong mining sector employment, and interstate migration, Perth is rapidly closing the affordability gap with eastern capitals while remaining significantly cheaper.

Perth Metro snapshot

Median house price: ~$720,000
Median unit price: ~$450,000
12-month growth: +18.3%
Average days on market: 12 days
Rental vacancy rate: ~0.5%

Source: CoreLogic, REIWA, September 2026

Regional WA snapshot

Median house price: ~$420,000
12-month growth: +12.5%
Key growth areas: Bunbury, Geraldton, Mandurah
Average days on market: 18 days
Mining town volatility: High (Pilbara, Goldfields)

Source: CoreLogic, REIWA, 2026

Key Perth growth corridors

In 2026, Perth's growth is broadly based but particularly strong in the northern corridor (Joondalup, Wanneroo, Butler, Alkimos) and southern corridor (Rockingham, Mandurah, Baldivis). The eastern suburbs (Armadale, Ellenbrook, Midland) offer some of the most affordable entry points in any Australian capital. The western suburbs (Cottesloe, Claremont, Dalkeith) remain Perth's premium market. Mandurah continues its transition from holiday town to commuter hub. Bunbury and Geraldton in regional WA are attracting buyers priced out of Perth, with medians well below $500,000.

Western Australia Stamp Duty Rates and Thresholds

In Western Australia, transfer duty is calculated on a sliding scale. First home buyers in WA are exempt from transfer duty on established or new homes up to $600,000 and receive a concession up to $800,000 (thresholds for transactions from 7 May 2026). Off-the-plan concessions provide additional duty reductions for apartment purchases.

Property Value	Transfer Duty Rate
Up to $120,000	1.9% of property value
$120,001-$150,000	$2,280 + 2.85% of amount over $120,000
$150,001-$360,000	$3,135 + 3.8% of amount over $150,000
$360,001-$725,000	$11,115 + 4.75% of amount over $360,000
Over $725,000	$28,453 + 5.15% of amount over $725,000

Up to $120,000

1.9% of property value

$120,001-$150,000

$2,280 + 2.85% of amount over $120,000

$150,001-$360,000

$3,135 + 3.8% of amount over $150,000

$360,001-$725,000

$11,115 + 4.75% of amount over $360,000

Over $725,000

$28,453 + 5.15% of amount over $725,000

First home buyer concessions

Full exemption on properties up to $600,000 (transactions from 7 May 2026)
Concessional rate on $600,001-$800,000
Off-the-plan duty concession for apartments
Must live in property for 12 continuous months

Foreign buyer surcharges

7% foreign buyer surcharge
Applies to residential property only
Additional 2% land tax surcharge for foreign owners

Source: WA Department of Finance, 2026

First home buyer advantage: A standard buyer on a $450K Perth property pays approximately $14,440 in transfer duty - WA first home buyers pay $0 up to $450K and receive partial concessions to $600K (higher caps in WA’s north).

Western Australia Government Grants & Schemes for Home Buyers

First Home Owner Grant (FHOG)

In Western Australia, the First Home Owner Grant provides $10,000 to eligible first home buyers purchasing or building a new home. WA does not specify a strict property value cap for the FHOG, though stamp duty concessions apply up to $750,000.

Grant amount: $10,000
Eligibility: New homes only
Residency requirement: 6 months continuous

Keystart Home Loans

Keystart is a WA Government initiative offering low-deposit home loans with no LMI. It is one of Australia's most accessible pathways to home ownership, having helped over 115,000 Western Australians since 1989.

Min deposit: 2%
LMI required: No
Income cap (single): $105,000
Income cap (couple): $150,000

First Home Guarantee (Federal)

The federal First Home Guarantee allows eligible first home buyers in WA to purchase with a 5% deposit without paying LMI. The government guarantees up to 15% of the property value.

Places (nationally): 35,000/year
Price cap (Perth): $600,000
Price cap (regional WA): $450,000

WA Battery & Solar Incentives

Western Australia offers some of the best battery and solar incentives in Australia. The WA Battery Subsidy Program provides up to $5,000 towards battery storage systems for homes with existing solar. Combined with green home loan discounts from some lenders, WA buyers can reduce both energy costs and mortgage rates.

Battery subsidy: Up to $5,000
Solar feed-in tariff: Varies by retailer
Green loan discount: 0.10-0.30% from select lenders

Choosing a Home Loan Lender in Western Australia

Major banks in WA

All four major Australian banks have branch networks across WA. Bankwest, headquartered in Perth and owned by CommBank, is WA's most prominent local bank with competitive rates and strong regional presence. Westpac operates the Bank of Melbourne brand in Victoria but serves WA under the Westpac brand with full coverage.

Bankwest headquartered in Perth
Full Perth metro coverage from all majors
FIFO-friendly assessment from experienced lenders

Online lenders in WA

Online lenders offer the lowest rates for WA borrowers. Unloan and Athena lend across most WA postcodes. These lenders typically offer rates 0.20-0.40% below major bank rates, saving $1,200-$2,300 per year on a $576,000 loan.

Unloan

From 6.44% (6.35% comparison rate*)

CommBank-backed

Athena

From 6.04% (6.04% comparison rate*)

Auto-rate match

Bankwest

From 6.09% (6.09% comparison rate*)

Perth-headquartered

Keystart

Variable only

2% deposit, no LMI

Regional WA lending

WA has more postcode restrictions than eastern states due to remote locations and mining town volatility. Bunbury, Geraldton, Albany, and Kalgoorlie are well served by all major lenders. Pilbara towns (Karratha, Port Hedland, Newman) may face restricted lending from some lenders due to property value volatility linked to commodity prices. Keystart has broader postcode acceptance for regional WA and is often the best option for remote area buyers. P&N Bank and Beyond Bank are local credit unions with strong WA coverage.

Broker vs direct in WA

In Western Australia, brokers are especially valuable for FIFO workers who need lenders experienced with variable income assessment, and for regional buyers navigating postcode restrictions. Brokers can also help coordinate Keystart applications alongside mainstream lender comparisons. Approximately 70% of Australian home loans are arranged through brokers. Direct applicants may get slightly lower rates from some online lenders. Consider using a broker for FIFO or complex situations, and going direct for straightforward applications.

$720K

Perth median house price

Source: CoreLogic, September 2026

+18.3%

Perth 12-month price growth

Strongest capital city growth

Min Keystart deposit

No LMI required

Frequently Asked Questions - Home Loans in Western Australia

Common questions about buying a home and getting a home loan in Western Australia.

Rates & Borrowing in Western Australia

What is the average home loan interest rate in Western Australia in 2026?

Which banks offer the best home loan rates in Western Australia?

How much deposit do I need for a home in Perth?

How does FIFO income affect home loan applications in WA?

Grants, Stamp Duty & Costs

What government grants are available for first home buyers in WA?

What is stamp duty on a $720,000 property in Western Australia?

What is the Keystart Home Loans scheme in Western Australia?

What are the hidden costs of buying a home in Western Australia?

Buying in Western Australia

What is the median house price in Perth in 2026?

Can I get a home loan for regional Western Australia?

Is Perth property still affordable compared to other capitals?

Related Western Australia Guides & Resources

Complete Home Loan Guide

Everything you need to know about Australian home loans.

Home Loans Australia

National home loan comparison.

First Home Buyers WA

WA grants, Keystart & tips.

Refinance WA

Switch & save on your WA loan.

Green Home Loans WA

Solar, battery & green loan discounts.

Compare Home Loans in Other States

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