Western Australia uses a different rate structure to the eastern states, with rates calculated differently across price bands. Perth's strong property market has pushed many buyers beyond the FHB threshold in recent years, particularly in established suburbs.
Get an exact figure for your purchase price — including first home buyer concessions
Open stamp duty calculator →Full stamp duty exemption on homes up to $500,000 (threshold increased March 2025). Scaled concession applies from $500,000 to $700,000. The $10,000 FHOG is available for new home purchases only.
WA applies transfer duty rather than stamp duty — the terminology differs but the mechanics are the same. First home buyers who purchase land to build on may also be eligible for additional concessions on the land portion of their purchase.
| Purchase price | Stamp duty | As % of price |
|---|---|---|
| $400,000 | $11,081 | 2.8% |
| $500,000 | $15,390 | 3.1% |
| $600,000 | $18,896 | 3.1% |
| $700,000 | $24,225 | 3.5% |
| $800,000 | $29,554 | 3.7% |
| $1,000,000 | $36,725 | 3.7% |
| $1,500,000 | $60,596 | 4.0% |
Stamp duty is the largest upfront cost but not the only one. Budget for these additional items on top of your deposit and stamp duty:
Stamp duty on a $700,000 property in Western Australia is approximately $24,225. Use the calculator above for an exact figure based on your purchase price and buyer status.
WA first home buyers receive a full stamp duty exemption on homes up to $500,000 (updated March 2025, up from $450,000) and a scaled concession from $500,000 to $700,000. The $10,000 First Home Owner Grant applies to new homes only.
Stamp duty is payable on settlement day — the day you take legal ownership of the property. Your conveyancer will calculate the exact amount and arrange payment as part of the settlement process. You need to have the funds available by settlement.
No — stamp duty cannot be added to your home loan. It must be paid upfront at settlement from your own funds. This is why stamp duty is a critical part of your upfront cost budget alongside your deposit.
For owner-occupiers, stamp duty is not tax deductible. For investment properties, stamp duty forms part of the cost base of the asset and may reduce capital gains tax when you sell, but it is not deductible in the year of purchase. Always confirm with your accountant.