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WA First Home Owners Reduced Rate of Stamp Duty

When buying a home in Western Australia, if you were / or are eligible for the First Home Owners Grant (FHOG), then you may also be eligible for the First Home Owners Reduced Rate (FHOR) of Stamp Duty (AKA Transfer Duty) depending on the value of the property.

WA Reduced Rate of Stamp Duty

Who is eligible?

A person who:

  • Qualifies for a First Home Owners Grant (FHOG); or
  • Would have otherwise qualified for a FHOG had consideration been paid, or for the purchase of an established home; or
  • Is an Indian Ocean Territory resident acquiring their first home,

FHOR rates for properties with an established or newly constructed home (as at 3 July 2014)

  • To be eligible for the FHOR of duty, the unencumbered value of the home must not exceed $530,000.
  • Where the dutiable value of the home does not exceed $430,000, no duty is payable.
  • Where the dutiable value of the home exceeds $430,000 but does not exceed $530,000, duty is payable at a rate of $19.19 for every $100, or part of $100, by which the dutiable value exceeds $430,000.

A table showing WA Concessional Stamp Duty payable for purchasing a property that includes an established or newly built home (assuming FHOR eligibility)

Purchase Price WA Standard Stamp Duty Payable WA FHOR Stamp Duty Payable Savings FHOR WA Stamp Duty Rate WA Stamp Duty Classification
$0 to $399,999 TBC… $0 TBC None up to $430k First Home Owner Concessional Rate
$400,000 $13,015 $0 $13,015
$410,000 $13,490 $0 $13,490
$420,000 $13,965 $0 $13,965
$430,000 $14,440 $0 $14,440
$440,000 $14,915 $1,919 $12,996 $19.19 for every $100 over $430k
$450,000 $15,390 $3,838 $11,552
$460,000 $15,865 $5,757 $10,108
$470,000 $16,340 $7,676 $8,664
$480,000 $16,815 $9,595 $7,220
$490,000 $17,290 $11,514 $5,776
$500,000 $17,765 $13,433 $4,332
$510,000 $18,240 $15,352 $2,888
$520,000 $18,715 $17,271 $1,444
$530,000 $19,190 $19,190 $0
$540,000 $19,665 $19,665 $0 $11,115 + $4.75 per $100 or part thereof above $360,000 up to $725k Standard Residential Rate
$550,000 $20,140 $20,140 $0
$560,000 $20,615 $20,615 $0
$570,000 $21,090 $21,090 $0
$570,000 plus TBC… TBC… $0

FHOR rates for vacant land or house/land packages

  • To be eligible for the FHOR of duty, the unencumbered value of the vacant land must not exceed $400,000.
  • Where the dutiable value of the land does not exceed $300,000, no duty is payable.
  • Where the dutiable value of the land exceeds $300,000 but does not exceed $400,000, duty is payable at a rate of $13.01 for every $100, or part of $100, by which the dutiable value exceeds $300,000.

A table showing WA Concessional Stamp Duty payable for purchasing vacant land or a house/land package (assuming FHOR eligibility)

Purchase Price WA Standard Stamp Duty Payable WA FHOR Stamp Duty Payable Savings FHOR WA Stamp Duty Rate WA Stamp Duty Classification
$0 to $279,999 TBC $0 TBC None up to $300k First Home Owner Concessional Rate
$280,000 $8,075 $0 $8,075
$290,000 $8,455 $0 $8,455
$300,000 $8,835 $0 $8,835
$310,000 $9,215 $1,301 $7,914 $13.01 for every $100 over $300k
$320,000 $9,595 $2,602 $6,993
$330,000 $9,975 $3,903 $6,072
$340,000 $10,355 $5,204 $5,151
$350,000 $10,735 $6,505 $4,230
$360,000 $11,115 $7,806 $3,309
$370,000 $11,590 $9,107 $2,483
$380,000 $12,065 $10,408 $1,657
$390,000 $12,540 $11,709 $831
$400,000 $13,015 $13,010 $5
$410,000 $13,490 $13,490 $0 $11,115 + $4.75 per $100 or part thereof above $360,000 up to $725k Standard Residential Rate
$420,000 $13,965 $13,965 $0
$430,000 $14,440 $14,440 $0
$440,000 $14,915 $14,915 $0
$440,000 plus TBC… TBC… $0

WA Government Links

Stamp Duty Calculator

Tip. Make sure you select WA :-)

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