Sunset at Elizabeth Quay, Perth

One of the most important questions to ask yourself when thinking about buying property is whether to choose a new or established home.

Stamp duty or ‘transfer duty’ is a state tax imposed on the sale of residential properties in Western Australia. The amount of stamp duty you are required to pay on your property purchase is dependent on a number of factors, including the price of the property, location and whether or not you are a first home buyer in Perth.

Stamp duty calculator WA calculates stamp duty for properties or land bought in Western Australia (WA). This page also provides more information about stamp duty tax in WA.

Buying new also means that the home is eligible for the First Home Owners Grant (FHOG). This is a one-off $10,000 payment available to eligible first home buyers to buy or build a new residential property. To qualify for the FHOG, some of the requirements are:

  • Be an Australian citizen or permanent resident
  • Never owned a residential property anywhere in Australia
  • Not previously received a FHOG from any other State or Territory in Australia
  • Be 18 years of age or older
  • Occupy the home as your principal place of residence for a continuous period of at least 6 months (this must take place within 12 months of receiving the FHOG)

If you are buying or building your first home in Perth, you may be eligible for the First Home Owner Grant. It’s a one-off payment to encourage and assist first-home buyers to buy or build a residential property for use as their principal place of residence.

The grant has:

  • Geographical caps on the total value of the home
  • Residence requirements
  • Eligibility criteria for applicants