Is Perth still affordable compared to other capital cities?

Yes — Perth remains the most affordable capital city in Australia relative to household income. Despite strong price growth of 18% in 2025–26, Perth's median house price of $780,000 is significantly below Sydney ($1.47M) and Melbourne ($1.05M). This relative affordability continues to attract interstate migrants and investors.

How much deposit do I need to buy in Perth?

Most Perth buyers need 5–20% of the purchase price. With the First Home Guarantee, eligible first home buyers can purchase with just 5% and avoid LMI. For Perth's median price of $780,000, a 5% deposit is $39,000 — one of the lowest entry points of any capital city.

What is the WA First Home Owner Grant?

Western Australia's First Home Owner Grant provides $10,000 to eligible first home buyers purchasing or building a new home. In the Perth metro area, the property must be valued under $750,000. In regional WA, the cap is $1,000,000. The grant applies to new builds only — not established homes.

Is Perth a good place to invest in property in 2026?

Perth is widely regarded as one of Australia's strongest investment markets in 2026. Rental vacancy rates are below 1%, gross rental yields are 4–6% for houses, and price growth has been the strongest of any capital city. The resources sector provides strong employment fundamentals underpinning demand.

Can I use a Brisbane-based broker for a Perth property?

Absolutely — Fairbanks Financial operates nationally and has deep knowledge of the WA market, including WA-specific grants, stamp duty rules, and lender policies. All major lenders operate nationally, so your broker's location has no impact on your rate or approval outcome.

Perth, Western Australia

Mortgage Broker
Perth

Name: Fairbanks Financial — Mortgage Broker Perth
Address: Perth, WA, AU
Telephone: +611300187610
Price range: Free consultation
Rating: 4.9

Award-winning mortgage brokers serving Perth and Subiaco, Fremantle, Joondalup, Mandurah, Rockingham, Midland. We compare 90+ lenders to find your best home loan — free expert advice, no obligation.

Get Pre-Approved — Free 1300 187 610

90+

Lenders compared

4.9★

Google rating†

$4,800

Avg annual saving*

48hr

Pre-approval target

†Based on verified Google reviews. *Avg saving based on client data; individual results vary.

Home Loan Services in Perth

From first home buyers to seasoned investors — we cover every lending need across Perth and Western Australia.

Home Loans

Compare variable, fixed & split home loans from 90+ lenders for Perth buyers.

Learn more

Refinancing

Save avg $4,800/yr by refinancing your Perth home loan. Free comparison.

Learn more

Investment Property

Interest-only, equity access & portfolio lending for Perth investors.

Learn more

First Home Buyers

Government grants, low deposit options & step-by-step guidance for Perth first home buyers.

Learn more

SMSF Loans

Limited recourse borrowing for SMSF property in Perth and surrounds.

Learn more

Business Loans

Working capital, equipment & commercial property finance for Perth businesses.

Learn more

Perth Property Market

The Perth market — what you need to know

$780Kmedian house price — Perth 2026

Perth median house price reached $780,000 in early 2026, up 18% year-on-year — the strongest growth of any capital city.
Perth remains the most affordable capital city in Australia relative to household income.
Strong resources sector employment and interstate migration are driving sustained demand.
WA's First Home Owner Grant of $10,000 applies to new builds under $750,000.
Rental vacancy rates in Perth are below 1% — the tightest rental market in Australia.