Stamp duty is a form of tax charged by state and territory governments during the sale and transfer of property purchases. The rate of tax charged varies between states and territories, as well as the type and cost of the property. Unfortunately, it is also a cost that often creeps up on many property buyers.
Our Stamp Duty Calculator provides a guide on how much stamp duty you could be charged on your property purchase in Western Australia (when the WA tab is selected along the top of the calculator); it is also designed to highlight certain stamp duty exemptions or grants for which you may be eligible.
This tool is particularly helpful when used in conjunction with some of our other calculators, like our Property Buying Cost Calculator, Loan Comparison Calculator, and our Borrowing Power Calculator.
In WA, stamp duty is charged on a sliding scale based on the greater of the property’s purchase price, or its unencumbered value.
Click our “rates and thresholds” button towards the bottom left of our calculator to see the current stamp duty rates and thresholds for WA. The information within this pop-up menu includes:
Take a look at a detailed breakdown of the information you’re required to input into our calculator.
– $750,000 if the property is located south of the 26th parallel of south latitude (from Kalbarri 6536);
– $1,000,000 if the property is located north of the 26th parallel of south latitude (from Denham 6537).
The results in this field include:
The total amount of these costs appears next to “total government fees”.
These results reflect any government grants for which you may be entitled. The total amount of these grants appears next to “total government grant”.
For further information on how stamp duty could affect you as well as information on any exemptions and concessions, please visit the Office of State Revenue (OSR).
It’s no secret that purchasing a home can be a daunting step. That’s why we’ve created a handy First Home Buyer guide, which simplifies often confusing topics, like the different types of home loans you can purchase and the process of applying for a loan.
Additionally, our online home loan comparison tool allows you to compare a range of quotes from our panel of trusted lenders. Our service makes it easy to find a loan that suits your needs, budget, and lifestyle.
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The information in this article is accurate at 2 January 2018.