First Home Buyers Grant WA

As a first home buyer in WA you may be entitled to receive a cash grant and also a stamp duty concession.

Cash Grant Currently the cash grant is $0 for first home buyers purchasing an established home and $10,000 for first home buyers purchasing or building a new home. The grant is only payable where the value of properties is $750,000 or less, or if the home is located north of the 26th parallel to $1,000,000 or less.

Stamp Duty Concession
For first home buyers purchasing established homes you may be entitled to pay $0 stamp duty on purchases of $430,000 or less. If you buy between $430,000 and $530,000 you will pay $19.19 per $100 or part of $100 above $430,000. Purchases over $530,000 attract stamp duty at normal rates.

For first home buyers building a home you may be entitled to pay $0 stamp duty on land purchases of $300,000 or less. If your land value is between $300,000 and $400,000 you will pay $13.01 per $100 or part of $100 above $300,000. Purchases of vacant land over $400,000 will attract stamp duty at normal rates.

NOTE you will only receive the above stamp duty concession on the land when you enter into a building contract. If you buy the vacant land only you will not receive any stamp duty concessions until such time as you enter into a building contract.
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