West Coast Property Training

What West Coast Property Training does

West Coast Property Training (WCPT) is a privately-held Australian Registered Training Organisation (RTO 51792) operating as Drycreek Enterprise PTY LTD, headquartered in Joondalup, Western Australia. The company delivers vocational qualifications and continuing professional development for individuals entering or operating within Western Australia's real estate and conveyancing industries. Its portfolio comprises three core qualifications — the Real Estate Registration Course (CPP41419) at $1,200, the Diploma of Property (Agency Management, CPP51122) at $3,500, and the Advanced Diploma of Conveyancing (BSB60220) at $6,000 — alongside mandatory and elective CPD delivered both face-to-face at WA venues and online, and a small B2B consulting arm covering bespoke training, culture improvement (WCPT Care), and customer service programmes.

The technical backbone is the proprietary realplace LMS, built on WordPress with Wistia-hosted studio-quality video content, interactive assessments, and integrated enrolment and payment workflows handled via eWAY. The platform supports self-paced, fully online delivery with no minimum enrolment thresholds, alongside optional face-to-face sessions. A sister brand, Lurnn, functions as a parallel online CPD storefront and event-registration channel. All curriculum is tailored to WA legislation (DEMIRS/LGIRS); the Advanced Diploma was co-developed with the Australian Institute of Conveyancers WA (AICWA), and the Lurnn platform holds REIWA Partner status.

The business model is direct-to-consumer tuition revenue at the individual level, augmented by event ticket sales, re-enrolment and extension fees, interest-free finance facilitated through Humm/Humm90, and a minor B2B bespoke-training stream. Go-to-market combines organic SEO, content marketing, social channels, email, and face-to-face events as demand-generation. Customer segments span aspiring real estate representatives, professionals seeking agent licensing, settlement agents, current WA licence holders completing annual CPD, and a secondary B2B segment of WA agencies seeking culture and customer-service training. The company has been operating for over two decades and discloses no institutional funding, management transitions, or material capital events in the available data.

Name

West Coast Property Training

Legal name

Drycreek Enterprise PTY LTD

Website

https://wcpt.com.au

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

West Coast Property Training is a Western Australian Registered Training Organisation (RTO 51792) delivering nationally recognised qualifications and ongoing CPD for the state's real estate and conveyancing industries, via online and face-to-face delivery.

Ownership category

akta.pro rank

Product category

Vocational Education and Training

NAICS

Professional and Management Development Training (61143)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Real Estate, Appraisal & Mortgage (Agent/Broker CE, Appraiser CE) (EDAAALAI)

akta.pro secondary industry

Real Estate & Property Services (EDABALAW)

Keywords

• Real estate training
• Vocational education
• Conveyancing courses
• Continuing professional development
• Registered training organisation

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Course tuition fees: WCPT generates revenue primarily through upfront course tuition fees for nationally recognised qualifications in real estate and conveyancing. Fees vary by course: Restricted Registration courses at $1,200, Certificate IV at $1,800, Diploma of Property at $3,500, and Advanced Diploma of Conveyancing at $6,000. Students can also pay via instalment plans (3 or 4 equal payments) or interest-free finance through Humm/Humm90.
2. Re-enrolment and extension fees: Additional revenue from re-sit fees, re-enrolment fees, and assessment extension charges. For example: $600 for full re-sit of registration courses, $150 for 30-day assessment extension, $100 per unit or day re-sit.
3. Elective CPD event tickets: WCPT runs face-to-face elective CPD events at Western Australian venues, with ticket prices around $375-$426 per session. Events are hosted on the Lurnn platform for registration.
4. Online CPD sessions: Individual online CPD sessions sold through the Lurnn platform (brought to you by WCPT) at price points such as $62-$310 per bundle/session. Pre-selected bundles of 5 CPD points are priced at $310.
5. Interest-free finance facilitation: WCPT partners with Humm90 finance to offer interest-free payment plans, earning revenue through the financing arrangement on course purchases.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

West Coast Property Training is a Registered Training Organisation (RTO 51792) that delivers nationally recognised vocational qualifications and continuing professional development (CPD) courses for the Western Australian real estate and conveyancing industries. The core product is a portfolio of three qualifications — the Real Estate Registration Course (entry-level), the CPP51122 Diploma of Property (Agency Management), and the BSB60220 Advanced Diploma of Conveyancing — supported by mandatory and elective CPD sessions and bespoke corporate training, all delivered through a proprietary online learning platform called realplace.

Product overview

West Coast Property Training (WCPT) is a registered training organisation (RTO 51792) offering a portfolio of vocational education products for the Western Australian real estate and conveyancing industries. The core product portfolio consists of three main qualification courses: the Real Estate Registration Course (entry-level for sales reps and property managers), the CPP51122 Diploma of Property (for licensed real estate agents), and the BSB60220 Advanced Diploma of Conveyancing (for settlement agents). Supporting these are continuing professional development offerings through Mandatory CPD Online, Elective CPD (face-to-face and online via Lurnn platform), and bespoke corporate training services (Bespoke Training, WCPT Care, Customer Service Training). All online courses are delivered through the proprietary realplace Learning Management System, providing 24/7 access to video-based content and assessments.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Registration Course Entry-level qualification course for aspiring real estate representatives in Western Australia, available in three pathways: restricted sales, restricted property management, and unrestricted registration. Delivered fully online with 12-18 units of competency drawn from CPP41419 Certificate IV in Real Estate Practice, meeting DEMIRS educational requirements for registration.
• CPP51122 Diploma of Property (Agency Management) Professional qualification required to become a licensed real estate agent in Western Australia. A fully online, self-paced course comprising 12 units of competency with studio-quality videos and digital textbooks; most students complete in 6-12 months.
• BSB60220 Advanced Diploma of Conveyancing Professional qualification required to become a licensed settlement agent in Western Australia. A fully online, self-paced course consisting of 13 units with approximately 5 hours of video content per unit, with an enrolment period of 24 months. Developed in collaboration with AICWA.
• Mandatory CPD Online Online continuing professional development platform for WA real estate professionals to complete mandatory CPD requirements, accessible through the realplace learning management system.
• Elective CPD (face-to-face and online) Continuing professional development sessions available both face-to-face at WA venues and online through the Lurnn platform. Face-to-face events include sessions such as Christmas in July and Day in the Valley held at venues like Beaumonde On The Point and Mandoon Estate.
• Bespoke Training Customized training programs designed in collaboration with organizations to meet specific requirements, covering leadership, coaching, emotional intelligence, customer service excellence, and change management. Delivered to real estate agencies across Western Australia.
• WCPT Care Signature performance improvement program focused on diagnosing and improving culture and attitudes within real estate teams through surveys, client feedback collection, customized training content, and sustained change embedding.
• Customer Service Training Customer service training combining theory with practical implementation and live assessment, available in sessions ranging from two hours to two days, delivered either on-site or at WCPT's purpose-built classroom.

Quantifiable outcome

• 12-month enrolment period for registration and diploma courses; 24-month enrolment for Advanced Diploma
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• REIWA (Real Estate Institute of Western Australia)coreGTM or Marketing PartnerLurnn, WCPT's online CPD platform, holds REIWA Partner status, indicating a formal partnership with Western Australia's peak real estate industry body. This partnership enhances credibility and drives referrals of REIWA members to WCPT's CPD and training programs.
• AICWA (Australian Institute of Conveyancers Western Australia)coreStrategic or Co-development PartnerWCPT worked closely with AICWA to develop the Advanced Diploma of Conveyancing (BSB60220), ensuring the course is relevant, practical, and aligned with industry needs. AICWA's input shaped the curriculum and assessment approach for WA settlement agents.
• LurnncoreChannel Partner/ Reseller/ DistributorLurnn is WCPT's sister brand and online CPD platform. It handles online CPD delivery, event registration, and distribution of WCPT's professional development content. WCPT is the content provider and brand behind Lurnn.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Open Colleges: Large-scale Australian online vocational education provider offering real estate qualifications among a broad course catalogue. Comparable in delivery model (online, self-paced) but operates at greater scale and across multiple industries.
• TAFE WA: Western Australia's public TAFE provider offering vocational qualifications including real estate pathways. Same WA student base and regulatory framework as WCPT, but operates as a government-funded provider with broader vocational scope.

Direct peers

• Real Estate Academy: Australian RTO delivering Certificate IV in Real Estate Practice and Diploma-level courses nationally. Closely comparable to WCPT's core qualification products, with similar direct-to-consumer online delivery model and nationally recognised training positioning.
• Empower Training Academy: Australian RTO offering real estate and property management vocational qualifications online and face-to-face. Directly comparable product portfolio (Certificate IV, Diploma) and similar student demographic to WCPT.
• Careerhouse: Online vocational education provider offering real estate courses including Certificate IV in Real Estate Practice. Similar direct-to-consumer online delivery model and student persona (career changers entering real estate).

Regional players

• National Property Institute (NPI): Australian peak body and CPD/content provider for property professionals across multiple states. Comparable in CPD content production and industry-body positioning, though focused on different regulatory jurisdictions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about West Coast Property Training