07/05/2026
Thinking of building your dream home?
The "dirt" just got a whole lot cheaper to secure, and the goalposts just moved in your favour! 🏗️🇦🇺
Huge news for the WA building community today with two massive wins for first home buyers:
1️⃣ Stamp Duty Exemption Jump: The threshold for vacant land has officially increased from $350,000 to $450,000! 📈
2️⃣ FHOG Eligibility Boost: The First Home Owner Grant ($10k) cap for construction has been raised from $750k to $800k to keep up with building costs! 🛠️
What does this mean for your bank balance?
💰 Stamp Duty Saving: Approx. $15,390 in upfront costs saved on land up to $450k.
💰 Grant Access: You can now build a home with a total value of up to $800,000 and still snag that $10,000 grant! 💸
The Benefit: That is extra cash that stays in your pocket for your slab, landscaping, or that luxury kitchen upgrade you've been dreaming of. 🥂✨
If you want to see how these changes impact your buying power or construction loan, flick me an email or comment "BUILD" below and let’s get your project started! 📧🔑