Key takeaways
- Stamp duty, or transfer duty, is a state tax you'll need to pay when you buy property in Western Australia.
- Transfer duty can add up to being tens of thousands of dollars depending on your property price.
- In Western Australia there are exemptions and concessions for owner occupiers and first home buyers.
How much will stamp duty cost me?
Find out how much stamp duty you'll pay using the calculator below.
What are the stamp duty rates in Western Australia?
Dutiable value range | Duty payable |
---|---|
Up to $120,000 | $1.90 per $100 or part thereof |
$120,000 to $150,000 | $2,280 plus $2.85 per $100 or part thereof above $120,000 |
$150,001 to $360,000 | $3,135 plus $3.80 per $100 or part thereof above $150,000 |
$360,001 to $725,000 | $11,115 plus $4.75 per $100 or part thereof above $360,000 |
$725,001 and above | $28,453 plus $5.15 per $100 or part thereof above $725,000 |
How much stamp duty do foreign property buyers pay?
If you are a foreign buyer purchasing property in Western Australia, you will need to pay an additional 7% in stamp duty.
If you are purchasing property with someone else and only 1 of you is a foreign citizen, the additional foreign duty will only apply to 50% of the purchase price.
However, the WA government will refund foreign transfer duty if a foreign buyer purchases land for residential development where 10 or more residential dwellings will be constructed. There are other exemptions for the foreign transfer duty such as when you transfer between spouses or de facto partners or if the land is intended to be used as an aged care facility or retirement village.
Can I get a stamp duty concession or exemption?
Yes, there are concessions on stamp duty in Western Australia.
If you manage to purchase a property for less than $200,000 and you plan to live in the property, you can get a concessional rate.
DUTIABLE VALUE | DUTY THRESHOLDS |
---|---|
$0 – $120,000 | $1.50 per $100 or part thereof |
$120,001 – $200,000 | $1,800 + $4.04 per $100 or part thereof above $120,000 |
First home buyers
If you are first home buyer you can also get an exemption or concession when you buy an established home worth up to $750,000 or land to build a home on worth up to $450,000.
There are different price thresholds depending on where you're buying the property.
Established home
DUTIABLE VALUE | DUTY THRESHOLDS |
---|---|
$0 – $500,000 | Nil |
$500,001 – $700,000 (Metro WA and Peel regions) | $13.63 per $100 or part thereof above $500,000 |
$500,001 – $750,000 (Outisde Metro WA and Peel regions) | $11.90 per $100 or part thereof above $500,000 |
More than $700,000 (Metro WA and Peel regions) | General rate applies |
More than $750,000 (Outisde Metro WA and Peel regions) | General rate applies |
Vacant land
DUTIABLE VALUE | DUTY THRESHOLDS |
---|---|
$0 – $350,000 | Nil |
$350,001 – $450,000 | $15.39 per $100 or part thereof above $350,000 |
More than $450,000 | General rate applies |
Frequently asked questions about stamp duty in WA
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why have i been charged a late lodgement penalty on my stamp duty
Hi Chris,
We’re a review and comparison site so we’re not able to provide any customer service. We suggest you contact the WA Office of State Revenue to enquire about your situation.
Hope this helps!