Stamp Duty Rates, Discounts & Grants Western Australia WA
Western Australia (WA) rewards home buyers with 2 potential stamp duty discounts and 1 government grant.
Stamp Duty Discounts
If you plan on living in the property you may be entitled to pay stamp duty at a concessional rate if the property is valued at not more than $200,000. If you are a first home buyer you will receive a much better stamp duty discount and pay stamp duty at the ‘First Home Owner Stamp Duty Rates’
You can find these rates below.
Can I claim a first home owner’s stamp duty concession for an investment property?
No. If you do not plan to live in the property then you cannot claim it.
From The Govt. of Western Australia – Dept. of Treasury & Finance:
“When a home buyer is eligible for the First Home Owners Grant, a concessional rate of transfer duty will apply if the value of the dutiable property is below certain thresholds.”
Source: Department Of Treasury & Finance (DTF)
First Home Owner’s Grant
You can get the ‘First Home Owner’s Grant’ of $7,000 only if:
- You plan on living in the property for at least 6 months
- The purchase price is less than $750,000
This grant is part of a federal government initiative and is offered Australia-wide.
Stamp Duty Rates & Discounts
Rent Out Or Live-In
Property Value |
Stamp Duty |
$ 0 – $120,000 |
1.9% of dutiable value |
$120,001 – $150,000 |
$ 2,280 + 2.85% of value over 120,000 |
$150,001 – $360,000 |
$ 3,135 + 3.8% of value over 150,000 |
$360,001 – $725,000 |
$11,115 + 4.75% of value over 360,000 |
$725,001 and upwards |
$28,453 + 5.15% of value over 725,000 |
Concessional Rate (Live In & Not More Than 200,000)
Property Value |
Stamp Duty |
$ 0 – $ 100,000 |
1.50% of value |
$ 100,001 – $200,000 |
$1,500 + 4.39% of value above $ 100,000 |
More Than $200,000 |
Normal Stamp Duty Rates |
First Home Owner Stamp Duty Rates
Property Value |
Stamp Duty |
$0 – $500,000 |
Nil |
$500,000 – $600,000 |
22.51% of value over $500,000 |
More Than $600,000 |
Normal Stamp Duty Rates |
Stamp Duty & Grants Calculator
Confused by the array of discounts, grants, rates etc.? Use the Free Online Stamp Duty & Government Grants Calculator to do the calculations for you! Only on My Money Calculator.