FAQs
Stamp duty in WA is calculated on a sliding scale according to your property value.
For properties under $200,000, a concessional rate applies to properties that are either owner-occupied or business assets.
The table below shows the rates for owner-occupied properties, taking into account this concessional rate.
These are accurate as of 1 July 2024.
The above will not apply for investment properties. If you are a first home buyer, you may be eligible for additional concessions.
The government charges additional fees for land purchases and mortgages.
Transfer registration fees, also known as transfer fees, are charged for registering your interest in the property. In WA, they are calculated according to your property value.
Mortgage registration fees are also necessary if you are buying using a home loan. This is a flat fee, which is $210.30 for the 2024-25 financial year.
Yes, in WA, if you are a first home buyer, you may be eligible for the First Home Owner Rate, which reduces the amount of stamp duty payable on your home, for properties up to $600,000 in value. This cap applies for any homes exchanged on after 1 July 2024. Prior to this, a lower cap of $530,000 applied.
Under $450,000, the home is fully exempt from stamp duty. It applies to both existing and new homes.
Between $450,000 and $600,000, a concessional rate of duty applies.
The eligibility criteria are:
- You and any co-applicants must be a natural person (i.e. you cannot be buying using a company or trust)
- You and any co-applicants must be 18 or older
- You and/or your partner must not have already received the First Home Owner's Grant or the First Home Owner's Rate.
- You and your partner must not have owned any other residential property in Australia prior to 1 July 2000
- You and your partner must not have owned any property that you used a primary place of residence in Australia prior to 1 July 2004
- You and your partner must move in within 12 months of the purchase, and live there for a continuous period of at least 6 months.
- You or another applicant must fulfil the primary place of residence requirements
Foreign owners may be eligible for this concessional rate, but they will still need to pay the foreign owner surcharge.
Different rates apply to vacant land.
Yes, Western Australia has a foreign purchaser duty surcharge. This is in addition to standard stamp duty rates. This foreign owner surcharge is calculated as 7% of the property value.
You are not considered a foreign owner if you are any of the following:
- an Australian citizen
- a permanent resident
- a New Zealand citizen with a special category visa.
In WA, if you are a foreign owner jointly purchasing with your non-foreign owner partner, you are still required to pay the 7% surcharge on your part of the property.
Please note that you may be subject to other costs, in addition to this duty surcharge.
OwnHome Services Pty Ltd ACN 664 492 059. The calculator on this website is provided for your information only and is to illustrate scenarios. The calculator results are intended as a guide only and are an estimate or approximate guide only, based on the information you input. The calculator should not be relied upon for the purposes of entering into any legal or financial commitments.
The results should not be taken as a substitute for professional advice, and do not constitute professional advice. You should consider seeking independent legal, financial, taxation or other advice for your unique circumstances.
All reasonable care has been taken in preparing and designing the calculator; however, OwnHome Services Pty Ltd provides no warranties and makes no representation that the information provided by the calculator is correct, appropriate for your particular circumstances, or indicates you should follow a particular course of action. Calculations are for buying owner-occupied homes, and do not apply to land nor to investment properties. Other fees and charges may also apply.