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Keystart increased income limits extended for 2020

Posted 13 January 2020

First homebuyers who were feeling disheartened with lending from major banks can now breathe a sigh of relief, thanks to an extension to the increased income limits for Keystart Loan lending criteria.

Under changes made in the State Budget, the income thresholds for a Keystart Loan have been increased by $15,000 for singles and $20,000 for couples. Initially this extension was planned to end on 31st December 2019, but has since been extended to 30th June 2020.

This means that WA first home buyers can earn up to $105,000 as a single, $130,000 as a couple and $155,000 as a family and still be eligible for a Keystart Loan.

This is fantastic news for first home buyers looking to secure a loan, for more information on Keystart including eligibility criteria view our guide to Keystart loans here.

Keystart Home Loans

Increased limits now extended to 30 June 2020



Previous income limits

New income limits

Metropolitan area


$90,000 (Singles)

$115,000 (Couples)

$135,000 (Families)


$105,000 (Singles)

$130,000 (Couples)

$155,000 (Families)

Regional Areas (excluding Kimberley & Pilbara)


$110,000 (Singles)

$135,000 (Couples)

$135,000 (Families)


$125,000 (Singles)

$150,000 (Couples)

$155,000 (Families)