Purchasing or refinancing a home in Perth is one of the most significant financial steps you’ll take in life. As Western Australia’s capital continues to experience rapid property growth and evolving market conditions, navigating the home loan landscape can seem overwhelming.
That’s where working with an experienced Perth mortgage broker comes in handy . Local knowledge isn’t just helpful, it’s essential. CBM Mortgages ensures that the advice and loan solutions you receive are tailored not only to your financial goals but also to the specific dynamics of the Perth property market.
Perth has emerged as one of Australia’s fastest-growing housing markets in recent years. With demand increasing across both established and newly developing suburbs, understanding how to secure the right home loan has become more important than ever. Whether you’re a first-time buyer, a seasoned investor, or someone looking to refinance an existing property, local insight can help you avoid costly missteps and maximise your borrowing power.
A mortgage broker in Perth offers the advantage of up-to-date knowledge about lending policies, current rates, and suburb-level trends. CBM Mortgages also maintains close working relationships with banks and non-bank lenders, giving you access to a wider range of loan products than you would find on your own.
9 Days
2.3 million (approx.)
3.6% annually
12–15 years (estimated)
$535,000 (as of mid-2025)
$780,000 (as of mid-2025)
~12 km
Whether you’re upgrading, relocating, or investing in Perth, understanding how home loans work is key to making smart financial moves. A home loan is money you borrow from a bank or lender to buy property—paid back over time with interest. And in a fast-moving market like Perth, where property values are rising and competition is fierce, choosing the right loan isn’t just important—it’s essential.
Each type of home loan offers benefits depending on your goals and financial situation. Here’s a simple overview:
A fixed-rate loan ensures your interest rate and repayment remains unchanged for a set period, typically 1–5 years. This means your monthly repayments stay consistent, making it an excellent option for budgeting stability. Once the fixed term expires, the loan will automatically revert to a variable rate unless you choose to renegotiate. Its important to know that there are limitations on making additional repayments on fixed rate loans, so maybe a part fixed and part variable loan could be an option if you are on a good income.
With a variable-rate loan, your interest rate can fluctuate based on market conditions. You can typically choose how often you make repayments. Your repayments might go up or down when the reserve bank of Australia change the cash rate. This option may suit borrowers who are comfortable with change and want to take advantage of potential rate drops, especially as lending conditions evolve. Variable rate loans are a good option when Fixed rates are high and you also have the ability to pay more than the minimum loan repayment.
Interest-only loans allow you to pay just the interest for a limited time (typically 1–5 years). This reduces your initial repayments but doesn’t lower the loan principal during that period. Often favoured by investors, these loans carry risk if you're not prepared for the higher repayments later on. They're commonly used for investment properties in Perth's sought-after rental market.
Before you apply for a mortgage, it’s important to understand how home loans are structured especially in a growing property market like Perth.
This is the cost of borrowing. It can be fixed (unchanging) or variable (changes over time). Even small changes in interest rates can have a big impact on long-term repayments, especially in higher-value suburbs across Perth.
Most home loans in Perth run for 25 to 30 years. A longer loan term means lower monthly payments, but more interest paid overall. A shorter term means higher payments, but you'll pay off your loan faster and pay less in interest.
The most common option for home owners as it might suit their salary payment schedule.
This might also suit your employment salary payments. As the balance is reduced twice as often as a monthly repayment you will also pay off your home loan quicker.
Useful for better budgeting or if salary paid weekly. Again it will reduce interest on your loan as your balance is reducing 52 times a year.
Links your savings to your loan to reduce the interest you pay over the life on the loan. It also helps you park savings to save interest but might need those funds for something else later on.
Allows access to any extra repayments you’ve made in case you need the funds later but whilst saving you interest on your Perth home loan.
Note: Interest-only loans generally require monthly repayments and don’t offer as much flexibility during the interest-only period.
Many loans now include features to help you save interest or access surplus funds. These are particularly valuable for self-employed borrowers who hold on money or those expecting financial variability.
Perth continues to shine as an investment hotspot. Its balance of lifestyle, affordability (compared to Sydney/Melbourne), and strong population growth make it an appealing option for both first-time buyers and seasoned investors. The city’s low rental vacancy rates and consistent rental yields make real estate a solid long-term strategy.
Whether you’re targeting inner suburbs like Subiaco or South Perth, or growing outer hubs like Ellenbrook and Baldivis, aligning the right investment loan to your property strategy is key. Choosing between interest-only and principal-and-interest structures depends on your individual position, investment goals, and cash flow preferences.
Perth’s median house price is now $780,000, reflecting long-term value growth.
Quality homes and units in Perth are always in demand, particularly among young professionals and families.
With beautiful parks, waterfront views, and a vibrant village atmosphere, Perth offers the lifestyle that attracts reliable tenants. Plus a more consistent weather offering than Eastern cities its popular for those that like the beach lifestyle.
Inner-city rental markets tend to have consistently low vacancy, supporting stable rental income.
If you’re considering purchasing an investment property in Perth, here are the main loan types to consider
Common among investors, these loans allow you to pay only the interest for a set period (usually 1–5 years). This keeps repayments lower and maximises tax-deductible expenses in the short term. However, you won’t be reducing your principal during that time, so long-term planning is essential.
These loans require you to repay both the loan amount and the interest from the start. They build equity more quickly and usually come with slightly lower interest rates compared to interest-only loans.
Getting a home loan doesn’t have to be a headache. At CBM Mortgages, we simplify the process and walk you through every step—from first check to final approval
We’ll start by checking your credit score and reviewing your income, expenses, and goals. This helps us understand what you can comfortably afford and ensures your repayments stay manageable—especially in Perth’s fast-moving market.
Pre-approval gives you a clear idea of your borrowing power and shows sellers you’re serious. We’ll handle the paperwork and liaise with lenders to get it sorted quickly.
We’ll break down the pros and cons of different loan types—fixed vs variable rates, offset accounts, redraw facilities, and more—so you can choose the one that fits your lifestyle and long-term plans.
Fixed or variable rates affect your repayments.
Shorter terms save on interest but increase monthly payments.
Account for application fees, ongoing fees, or penalties.
No jargon, no surprises. We’ll walk you through the loan terms, fees, and repayment structure so you know exactly what you’re signing up for.
Once everything’s ready, we’ll package your documents and submit your application to the lender. Our goal? A smooth, stress-free approval process that gets you into your new home or investment sooner.
Working with a broker experienced in the Perth Property market means getting advice that’s tailored to your goals, your income, and your postcode. At CBM Mortgages, we help a wide range of Perth buyers make confident moves
Got a complex income structure? Whether you're self-employed or earning through multiple channels, we’ll match you with lenders who understand your situation—and offer flexible loan terms that fit.
Need more space or planning a move? We’ll help you tap into your home’s equity, explore bridging loans, and find repayment options that make upgrading feel seamless.
Perth’s rental market is strong—and smart loan structuring can help you grow your portfolio. We’ll guide you on tax-effective strategies, interest-only options, and ways to maximise long-term returns.
From deposit rules to government grants, buying your first home can feel overwhelming. We simplify the process and help you understand what you’re eligible for—so you can buy with confidence
At CBM Mortgages, we’re all about helping you avoid the stress and help you make confident, informed decisions. Here’s how we make the process easier:
We’ll help you find a loan that fits your lifestyle—not just your budget. Think redraw, offset accounts, and flexible features that give you breathing room.
Stamp duty, legal fees, and lender’s mortgage insurance can sneak up on you. We’ll walk you through the full cost so there are no surprises.
It’s your ticket to making serious offers with confidence. We’ll handle the paperwork and get you prepped before you hit the open homes.
We’ll help you find a loan that works for today—and tomorrow. That means planning for rate changes and making sure repayments stay manageable.
We scan dozens of lenders to find the right fit for your goals. Whether it’s a big bank or a niche lender, we’ll show you options you might not find on your own.
If you’ve owned property in Perth for a few years, chances are your home equity has grown. Refinancing isn’t just about chasing a lower interest rate—it’s about unlocking new possibilities with the right loan structure. At CBM Mortgages, we help Perth homeowners make confident, informed refinancing decisions. We will assist:
We compare dozens of lenders to find the best refinancing deals tailored to your financial goals and property type.
We live and work in the community. Our CBM Mortgage brokers understand Perth’s property cycles, lending environment, and suburb-specific trends. We work with a broad panel of lenders and advocate for your needs throughout the loan process.
Plus, we give back through local sponsorships, events, and partnerships. You’re not just another client to us, you’re a neighbour.
Let’s chat about your goals and explore smarter, more affordable loan options. Book a free consultation with CBM Mortgages and discover how refinancing can work for you.
Contact us today to take the first step toward better borrowing in Perth.
Contact CBM Mortgages today to book a free consultation and unlock your best options in the Perth property market.
