In WA, you’re required to pay stamp duty within one month of a duties assessment notice being issued. You must make sure you’ve paid all required duties in order to receive a certificate of duty and avoid incurring late payment penalty tax.
First home buyers ostensibly have to pay stamp duty in WA. However, they may be eligible for the state’s first home owner rate (FHOR), which is a concessional rate of duty.²
In order to be eligible for the FHOR, you must first be eligible for WA’s first home owner grant (FHOG).
For the full list eligibility requirements, visit the WA Government’s website.
If you’ve satisfied the FHOG’s eligibility requirements, the only further eligibility requirement you’ll need to meet in order to receive the FHOR regards the value of the property in question.
There are two different sets of thresholds: one for home and land transactions, and one for vacant land transactions. If the transaction’s value falls under the first threshold, you’ll be eligible for a full exemption; if the transaction’s value falls under the second threshold but above the first one, you’ll be eligible for the concessional rate.
Below are the relevant price caps and thresholds for WA’s FHOR for each property type.
|Home and land||Vacant land|
|Value of the transaction||Payable stamp duty||Value of the transaction||Payable stamp duty|
|$0-430,000||$0 (full exemption)||$0-300,000||$0 (full exemption)|
|$430,001-530,000||$19.19 for every whole or part $100 in excess of $430,000||$300,001-400,000||$13.01 for every whole or part $100 in excess of $300,000|
You may be eligible for a full stamp duty exemption in WA if you are:⁴
Visit the WA Government’s website for a full list of potential exemptions and their eligibility criteria.
As of 1 January 2019, any foreign persons purchasing residential property in WA must pay the relevant stamp duty as well as an additional duty of 7%.⁵
In WA, stamp duty may be paid to the state’s revenue office either by credit card, BPay, by post or by cheque.⁶ However, if you’ve engaged a solicitor or conveyancer to help you navigate the homebuying process, they will generally handle the payment of any duty you’ve incurred.
As we’ve mentioned, stamp duty differs between the states and territories, and a dutiable transaction would incur different amounts of stamp duty depending on the state or territory in which it was made.
That’s why we’ve created stamp duty guides for different states and territories around the country, including:
1 WA.gov.au. Transfer duty assessment. 2022.
2 WA.gov.au. Duties Fact Sheet – First Home Owner Rate. 2022.
3 WA.gov.au. First Home Owner Grant Fact Sheet. 2022.
4 WA.gov.au. Apply for a transfer duty exemption. 2022.
5 WA.gov.au. Foreign Transfer Duty Fact Sheet. 2022.
6 WA.gov.au. Pay duty. 2022.