11/08/2026
Stamp duty. The cost that catches buyers off guard more than any other. Here's the full WA breakdown. 💰
Stamp duty (officially called transfer duty in WA) is a state government tax on property transactions. It's calculated as a percentage of the purchase price - and it can run into the tens of thousands.
THE GENERAL RATE (established home, no concessions):
$500K property = approximately $17,765
$600K property = approximately $22,515
$700K property = approximately $27,265
FIRST HOME BUYER CONCESSIONS:
This is where it gets important.
Full exemption (no stamp duty) if:
→ You're a first home buyer
→ The property is valued at $500,000 or less
→ You'll live in it as your principal residence
Concessional rate if:
→ Property valued between $500,001–$700,000
→ Sliding scale applies - still saves you thousands vs full rate
These thresholds apply to the total purchase price including GST.
KEY POINT:
If you're building - your stamp duty is calculated on the LAND value only, not the finished home value. This is a significant saving and one of the hidden financial advantages of building.
Save this. Use it when you're calculating your total purchase budget.
Questions about your specific situation? DM us "STAMP" and we'll give you the exact figure for your target price.
