Are you looking to build your first home in WA? Then it’s important to be prepared for WA stamp duty.
Here, I’ve broken down the stamp duty rates in WA, how stamp duty works, and what concessions you may qualify for as a first time home buyer.
What is stamp duty?
Stamp duty is a one-time payment the government charges when a property is transferred to a new owner. Consider stamp duty, also known as transfer duty, like a tax.
The money collected from stamp duty is used to support the local economy and fund public sectors, such as roads, transportation, emergency services, healthcare, and education.
Do first home buyers pay stamp duty in WA?
In Australia, individuals must pay stamp duty when buying a property. This includes first time home buyers.
Western Australia stamp duty rates are a common concern among first time home buyers wondering “how much is stamp duty in WA?”.
Along with saving up enough money to build or purchase an established home, you’ll also want to make sure you have enough funds to cover stamp duty.
Stamp duty can end up being around 4 to 5% of a property’s value, resulting in a potential fee of thousands of dollars.
Fortunately, most states and territories offer stamp duty concessions and exemptions for first time home buyers.
What stamp duty concessions and exemptions are available in WA?
Stamp duty rates vary by state and territory, but first time home buyers in WA may qualify for a discounted stamp duty rate if they meet the First Home Owner Rate of Duty rules.
From 21 March 2025 the WA thresholds increased. In short:
- Vacant land statewide: No stamp duty up to $350,000, then $15.39 per $100 over $350,000 up to $450,000.
Note that no stamp duty is applicable on the new build; stamp duty is only on the value of the vacant land.
| Purchase Price | Stamp Duty Rate |
|---|---|
| Vacant land — $0 – $350,000 (statewide) | No stamp duty payable |
| Vacant land — $350,001 – $450,000 (statewide) | $15.39 per $100 or part thereof above $350,000 |
| Above the FHOR thresholds | The general rate of duty applies |
Source: wa.gov.au
The home must be a residence, not an investment property. Foreign buyers may face additional foreign transfer duty.
To learn more, read about the First Home Owner Rate of Duty.
What is the difference between a stamp duty exemption & a stamp duty concession?
A stamp duty exemption is a complete waiver of stamp duty. Under the 2025 First Home Owner Rate of Duty (FHOR) rules, this applies to:
- Vacant land: valued up to $350,000 (statewide)
A stamp duty concession is a discounted rate of stamp duty. This applies to eligible first home buyers purchasing:
- Vacant land: over $350,000 and up to $450,000 at $15.39 per $100 above $350,000.
Example (vacant land in WA)
Land Purchase Price: $375,000
- Stamp duty payable for non–first home buyer: $11,828
- Stamp duty payable for first home buyer with concession: $3,848
Note: If the land price is above $450,000, no FHOR concession applies and standard rates are charged.
Stamp duty rates in WA
When building a first home in Western Australia, eligible vacant land under $350,000 is exempt from duty. Concessions apply up to $450,000.
What are the standard rates of duty?
The standard transfer duty rates (what you pay when the FHOR does not apply) are:
| Purchase Price | Stamp Duty (Transfer Duty) Rate |
|---|---|
| $0 – $120,000 | $1.90 per $100 or part thereof |
| $120,001 – $150,000 | $2,280 + $2.85 per $100 or part thereof above $120,000 |
| $150,001 – $360,000 | $3,135 + $3.80 per $100 or part thereof above $150,000 |
| $360,001 – $725,000 | $11,115 + $4.75 per $100 or part thereof above $360,000 |
| $725,001 + | $28,453 + $5.15 per $100 or part thereof above $725,000 |
Source: wa.gov.au
FAQs about WA stamp duty laws
How is stamp duty calculated?
Generally, the higher a property is valued, the more stamp duty you pay. Rates vary by state and territory.
Simple example: Buying vacant land statewide for $375,000 as a first home buyer. That is $25,000 above the $350,000 FHOR threshold. Duty is charged at $15.39 per $100 on the amount above the threshold. There are 250 lots of $100 in $25,000, so 250 × $15.39 = $3,847.50.
You can also use the WA Government’s Transfer Duty Calculator tool.
How do I apply for these government first home buyer grants or schemes?
Check the relevant state or territory website for the exact forms and steps. Each scheme has its own rules.
When do I need to apply for the First Home Owner Grant?
Each state and territory has its own deadlines. As a rule of thumb, apply within a year of settlement, or by the deadlines listed on the official site.
Do first home buyers pay stamp duty in WA?
Sometimes. It depends on the value of the property and where it is located. Many first home buyers pay no duty, or a reduced amount, under FHOR.
How does WA stamp duty work in WA?
Transfer duty is paid to the WA Department of Finance unless you qualify for an exemption or concession.
Summary
If you’re a first home buyer in WA building a home, buying vacant land for $350,000 or less, you will pay no stamp duty. A discounted rate applies from $350,001 to $450,000. Above those thresholds, the general rates apply. Note that no stamp duty is applicable on the new build.
Whether you want to find out more about stamp duty exemptions and concessions or what grants are available for first time home buyers in WA, I’m here to assist you. You can also read my helpful First Home Buyer’s Guide.
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