Australia has taken a major step forward in crypto adoption with the launch of its first Bitcoin-backed home loan. Fintech company Block Earner now offers Australians the ability to use their Bitcoin holdings as collateral to buy a home—without needing to sell their digital assets. This game-changing product follows a recent legal victory for the company, where it successfully proved that it does not require a traditional financial services licence to offer this service.
Block Earner says it’s working closely with regulators to ensure the product meets all compliance requirements, while giving Australians a new way to turn crypto wealth into real-world assets. The move reflects growing demand from long-term crypto holders who want to leverage their Bitcoin for tangible financial milestones—like home ownership.
Housing Affordability Is Changing—In Bitcoin Terms
Block Earner highlighted an eye-opening trend: when property prices are measured in Bitcoin rather than dollars, affordability looks very different. In 2016, the average Australian home cost around 627 BTC. Fast forward to 2024, and that same home now costs just 4.3 BTC.
Gold has followed a similar pattern, with homes dropping from 350 ounces to about 170 ounces of gold over the same period. This shift shows how holders of inflation-resistant assets like Bitcoin and gold have gained significant purchasing power—especially those who invested early and held long-term.
Turning Crypto Into Real Estate Without Selling
The Bitcoin home loan model allows crypto investors to enter the property market while retaining ownership of their digital assets. Rather than cashing out and triggering capital gains taxes or missing out on future price increases, borrowers can now use their Bitcoin as collateral to secure a home loan.
Block Earner’s offering opens the door for a new generation of homeowners—those who’ve built wealth through crypto—to take part in the property market. By bridging the gap between digital and traditional finance, the company is helping redefine what financial flexibility looks like in the modern era.
This innovation could mark the beginning of a wider trend, as more financial institutions and regulators warm up to crypto’s real-world applications. For now, it offers a powerful new tool for Australians who want to make their Bitcoin work for them—without giving it up.
