New partnership brings innovative downsizer solution to WA buyers

Western Australia’s property market is thriving, making it an ideal time for homeowners to downsize with confidence. With Perth’s median house price rising 19% in 2024 (CoreLogic), many homeowners are seizing the opportunity to secure their next home while benefiting from continued capital growth.

Recognising the growing demand for low-maintenance, well-located homes, Cygnet West is proud to partner with award-winning Downsizer to bring this innovative deposit solution to WA, helping buyers transition into off-the-plan apartments without the need for upfront cash deposits.

A smarter way to buy off-the-plan

For many homeowners, the biggest challenge when downsizing is accessing funds for a deposit while their existing property remains unsold.

Downsizer solves this problem by enabling buyers to use their home equity—rather than cash—to secure a new apartment with a Downsizer Deposit Bond. This removes the need for bridging finance, simplifies the transition, and offers greater financial flexibility.

The demand for this kind of solution is growing rapidly.

“We’ve seen a 6x increase in downsizer activity, driven by the recent interest rate cut, which has restored confidence that property values will continue to grow,” says Mark Macduffie, CEO of Downsizer. “For many, this means they can lock in today’s prices for a new off-the-plan home while benefiting from capital growth in their existing property during construction.”

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