Coposit Expands to WA with Linic Group Partnership
Coposit, Australia’s leading deposit payment platform, has officially launched in Western Australia, partnering with boutique developer Linic Group to bring its $10,000-deposit model to Perth buyers for the first time.
The market entry comes via Harlyn Oceanfront Residences (pictured, top), a premium apartment development in Jindalee featuring one to four-bedroom residences and penthouses, located just 35 minutes from Perth CBD along Western Australia’s stunning coastline.
The partnership marks a significant milestone for Coposit, which has scaled nationally along Australia’s east coast with over 100 residential projects and a combined end value exceeding $9 billion.
The expansion into WA responds to strong market demand and positions Coposit to address Perth’s acute housing affordability challenges amid record population growth and critically low supply.
Immediate market response
The announcement has already generated significant interest from WA developers, with multiple Perth-based projects actively exploring Coposit partnerships following the Harlyn launch.
“Western Australia has been on our radar for some time, and the response has validated everything we believed about this market,” said Chris Ferris, CEO of Coposit.
“Perth is experiencing the same barriers we’ve seen on the east coast—buyers want quality product but the deposit hurdle is stopping sales from happening. We’re already seeing that when you remove that friction, genuine demand converts.”
Ferris said WA represented a critical piece of Coposit’s national growth strategy, with the state’s housing crisis creating an urgent need for innovative solutions.
“Perth’s population is growing faster than anywhere else in Australia—up 2.8 to 4.2 per cent depending on the measure—but housing supply can’t keep pace. Listings are 41 percent below the five-year average, rental vacancy is 0.7 per cent, and over 210,000 WA households now report unaffordable housing,” he said.
“These are exactly the conditions where Coposit makes the biggest impact. We’re not just entering a new market—we’re bringing proven infrastructure to a state that needs it.”
Premium coastal living meets flexible access
Harlyn offers buyers a rare opportunity to secure premium beachside living in Jindalee, one of Perth’s emerging coastal growth corridors. The development features contemporary design with prices ranging from $650,000 to $2.6 million, with construction scheduled over 103 weeks.
Using Coposit, qualified buyers can secure their Harlyn residence with just $10,000 upfront and pay the balance toward their full deposit in weekly, interest-free installments throughout the construction period.
Philip Lin, director of Linic Group, said partnering with Coposit to launch in WA was a natural fit for a developer committed to accessibility and innovation.
“We’re incredibly excited to be the first Western Australian developer to bring Coposit to our buyers,” Lin said.
“Perth’s property market is one of the strongest in the nation, but affordability pressure is real.
"Whether it’s first-home buyers, investors building portfolios, or downsizers managing cash flow between properties, Coposit gives our buyers at Harlyn practical tools to transact in a market where timing matters.”
Lin said Linic Group’s focus on premium coastal and riverside developments aligns well with Coposit’s proven ability to broaden buyer pools while maintaining project quality and delivery confidence.
Proven record, national reach
Coposit’s expansion into WA follows a period of rapid growth across New South Wales and Queensland, where the platform has been recognised as a Qualified Pre-Sale (QPS) solution by major financial institutions including Commonwealth Bank of Australia (CBA), NAB, ANZ, NAB, ANZ, and leading private funders including Metrics, PAG and Wingate.
This recognition enables developers to meet pre-sales financing requirements faster, accelerating project timelines from planning to construction.
The platform maintains a zero per cent default rate since launching in 2021, supported by robust qualification processes including credit and salary checks, and continuous buyer engagement throughout construction.
Growing WA pipeline
Coposit’s partnership with Linic Group at Harlyn is the first of multiple WA projects expected to launch on the platform in coming months, with a growing pipeline of Perth developers recognising the strategic value of offering flexible deposit solutions to their buyers.
“We’re in active conversations with several quality developers across Perth metro and regional WA,” Ferris said.
“What we learned from our Gold Coast and Brisbane expansion is that once the first developer demonstrates results, others move quickly.
“We expect WA to follow that same trajectory.”
For developers navigating pre-sales requirements in a supply-constrained market, and for buyers seeking accessible pathways into Perth’s booming property sector, Coposit’s arrival in Western Australia represents a structural shift in how transactions happen.
Home buyers using Coposit are not charged any fees or commissions. Instead, developers pay a one-off fee on sales facilitated via the platform.
To explore Harlyn and discover how Coposit works, visit www.coposit.com.au.
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