07/05/2026
On 7 May 2026, the State Government announced budget measures to:
increase the first home owner rate of duty (FHOR) thresholds for established homes and vacant land so purchases of property with a higher dutiable value are eligible for a duty exemption or concession
No duty is payable for newly built or established homes valued up to $600,000 (previously $500,000) with a concessional rate applied to those homes valued up to $800,000 (previously $700,000)
No duty is payable for vacant land valued up to $450,000 (previously $350,000) with a concessional rate applied to vacant land valued up to $550,000 (previously $450,000)
See the amounts payable for transactions entered into on or after 7 May 2026 where a reduced rate applies for new and established homes or vacant land
increase the first home owner grant (FHOG) cap for homes south of the 26th parallel of South Latitude to $800,000 meaning eligible purchasers are not disadvantaged by increases in costs associated with building a house
remove the link between the first home owner grant value caps and eligibility for the first home owner rate of duty, enabling eligible first home buyers to access a duty concession if the value of the transaction exceeds the FHOG cap and
establish a new foreign transfer duty exemption for βbuild-to-sellβ developments that result in a net addition of at least one dwelling to the housing supply.
The changes announced under these measures apply to transactions entered into on or after 7 May 2026 (announcement date).
On 12 March 2026, the State Government announced changes to extend the off-the-plan duty concession until 30 June 2028, increase the value thresholds and expand eligible transactions to include new dwellings purchased off-the-plan in survey-strata and community titles (land) schemes. These changes apply to transactions entered into on or after 12 March 2026 (announcement date).
See the percentage duty will be reduced by for transactions entered into on or after 12 March 2026 where a reduction applies for pre-construction contracts or under construction contracts.
Commencement of changes
The changes canβt be implemented until the relevant legislation is introduced into Parliament and system updates are completed. This is currently estimated to occur on 28 July 2026 (commencement date).
Eligible transactions entered into between the relevant announcement date and the commencement date will be assessed according to rates, thresholds and caps that applied before the announcement date. After the commencement date, these transactions can be reassessed and a refund issued.
Further information will be provided in a RevenueWA Circular when the changes are implemented.
Credit - Wa.gov
