Affordable Housing for Residents

There are a number of affordable housing option models for residents looking to rent or buy a home. These include Keystart Home Loans, Keystart Shared Start, National Rental Affordability Scheme and the Bond Assistance Scheme.

Purchasing affordable housing

Keystart home Loans

Keystart is a lending institution backed by the Western Australian Government. They provide home loans for eligible clients unable to access finance through other institutions.

Keystart does not require mortgage lenders insurance and typically requires a deposit of 2% of a property's total cost. Mortgage packages are restricted to owner-occupied housing.

Keystart shared start (share equity home loan)

Keystart's SharedStart Home Loan is available for home owners purchasing new homes from the Department of Housing under the SharedStart program. Home owners typically purchase 70-80% of the equity of the property through Keystart, with the remaining 20-30% equity in the property retained by the Department of Housing.

The scheme enable households to enter home ownership without requiring finance for the full value of a property, enabling the outstanding equity to be purchased at a later date.

Renting affordable housing

National Rental Affordability Scheme

The National Rental Affordability Scheme (NRAS) aims to increase the supply of affordable rental opportunities. Eligibility for the scheme depends on household composition.

Bond Assistance Loan Scheme

The Bond Assistance Loan Scheme provides households with an interest-free loan to pay bond and two weeks rent on properties in the private market, depending on income limits and eligibility.

More information and contact

Please contact Strategic Planning for more information on affordable housing for residents on 08 9411 3444 or [email protected]



City of Cockburn
Whadjuk Boodja
9 Coleville Crescent,
Spearwood 6163

PO Box 1215, Bibra Lake DC,
Western Australia, 6965

Office opening hours:
8.30am to 4.30pm
Monday to Friday (excluding public holidays)

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Cockburn Nyungar moort Beeliar boodja-k kaadadjiny. Koora, yeyi, benang baalap nidja boodja-k kaaradjiny.
Ngalak kaditj boodjar kep wer kaadidjiny kalyakool yoodaniny, wer koora wer yeyi ngalak Birdiya koota-djinanginy.

City of Cockburn acknowledges the Nyungar people of Beeliar boodja. Long ago, now and in the future they care for Country.
We acknowledge a continuing connection to land, waters and culture and pay our respects to the Elders, past and present.