Western Australia
Private lenders in Perth
How private property loans work in Perth, what they cost and how to compare them safely.
Quick answer
Private lenders in Perth offer short-term loans secured by property, judged mainly on the security and your exit plan. They cost more than banks, so compare the total cost, fees and exit before you commit.
The local picture
Perth is the capital of Western Australia. Titles are kept by Landgate. Homes, investment properties, industrial units and development sites are typical security.
Perth spreads along the coast from Yanchep to Rockingham, with industrial areas such as Welshpool, Malaga and Kwinana. Strata properties are governed by WA strata law and many settlements are handled by licensed settlement agents. Titles are recorded with Landgate and land tax is assessed by RevenueWA on land owned at 30 June. Ask your settlement agent to obtain the Landgate search and any strata documents before the loan proceeds.
Title, duty and tax in Western Australia
Loans secured on property in Perth are recorded with Landgate. If you are buying, RevenueWA charges transfer duty; see WA transfer duty.
Loan types in Western Australia
What it costs
Expect interest plus establishment, valuation and legal fees, and sometimes prepaid interest. Use the loan cost calculator to see the full cost of any offer.
Common questions
How do private lenders work in Perth?
They lend short term against property, judging mainly the security and your repayment plan. The loan is recorded on the title with Landgate.
How do I check a lender in Perth is legitimate?
Check the business on ASIC registers and ABN Lookup, avoid large upfront fees before a written offer, and have your own lawyer review the documents.
Do I need an exit plan?
Yes. Most private loans are short term, so lenders want a clear way to repay, such as a sale or refinance, plus a backup.
Also in Western Australia: Mandurah, Bunbury and the South West, Busselton and Margaret River, Geraldton and the Mid West, Kalgoorlie-Boulder and the Goldfields, Albany and the Great Southern, Karratha and the Pilbara, Broome and the Kimberley. All regions.