Department of Communities – Opening Doors

Everybody would love to be able to buy their own home. But sometimes it can seem just too impossible. It can take years to save a big enough deposit. So what if I told you, you only needed 2%?. Opening Doors is a Government
initiative making this dream a reality. They offer a range of well-designed, quality, affordable homes across WA.

These homes are move-in ready and most are eligible for the First Home Owner Grant and Stamp Duty exemption or concession, making them even more affordable.

Thanks to the State Government, home ownership is becoming a reality for more people. For a limited time, income limits on Keystart’s Low Deposit Home Loan have been increased by $15,000 for singles and couples, and by $20,000 for families. If you’re a family and earn less than $155,000, you could be eligible.

This means you could own a home of your own with a deposit from as low as 2% of the property’s value.

One of the best things is that Keystart’s Low Deposit Home Loan is available to a range of homebuyers, with no saving history, and no lenders mortgage insurance. Another great thing is that some of the best properties on the market, in a range of sought-after locations, are available through Opening Doors.

Holly spoke with Paul Graham who is the CEO of Keystart about what these changes mean for people. Paul discussed that at Keystart they believe in giving everyone a chance, and these income limit changes really do that. He said they want to see people being able to achieve affordable home ownership, and that’s exactly what Keystart can provide.

Holly spoke with Greg Cash from Opening Doors about what a fantastic Government initiative Opening Doors really is. Greg discussed that Opening Doors offers a great range of wonderful homes in some fantastic areas, close to public transport and are move-in-ready.

He said that helping people get in to their own home is something they are passionate about doing, and these changes to income limits are really making that possible

The change in Keystart’s income limits means that more people than ever before could be eligible, which is a great thing. This loan is available for properties valued up to $480,000 in metropolitan Perth.

Opening Doors has so many move-in ready homes available, helping more people get into their own home. To find yours, visit openingdoorswa.com.au

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