Upsizing Home Loans in Perth - Room for What's Next

A growing family, working from home, or simply needing more space than the unit or starter home can give. Upsizing in Perth usually means two transactions at once, selling one home and buying another, and the finance has to hold both together.

Launch Finance helps Perth upsizers work out what their current home is really worth to a lender, how far that equity stretches, and whether to sell first, buy first or keep the existing property as an investment.

Your upsizing options

• Sell, then buy. The simplest path, with a confirmed budget before you commit
• Buy, then sell. Bridging finance covers the gap so you only move once
• Keep and invest. Use your equity for the deposit and rent out your current home
• Same-day settlement. Both transactions timed to settle together

How much equity can I use to upsize?

Lenders will generally let you access up to 80% of your current home's value, less what you still owe. On a home worth $700,000 with $350,000 owing, that's $210,000 in usable equity towards your next deposit and costs. A deposit under 20% on the new home is still possible, but Lenders Mortgage Insurance will apply. Allow for transfer duty and settlement costs as well as the deposit.

Should I sell first or buy first?

Selling first gives you certainty about your budget but may mean renting in between. Buying first secures the home you want but relies on bridging finance and a timely sale. In WA, the settlement date is negotiated in the Offer and Acceptance, commonly 30 to 60 days, and a longer settlement on your purchase can sometimes close the gap without a bridging loan. We model each path with your numbers.

What happens next

A 15-minute discovery call. We confirm your equity, compare your borrowing capacity across lenders, and map out the order of sale and purchase before you list or make an offer.

Call 08 9367 4222 for a free, no-obligation chat. Or request a callback at a time that works for you.