Government Incentives For Western Australia Homebuyers

With the intention to support buyers, especially first home buyers, the WA State Government has introduced a range of financial incentives to help more people enter the property market.

Stamp Duty Concessions

No duty up to $500K (was $450K)
$500K - $700K (Metro & Peel): $13.63 per $100
$500K - $750K (Regional WA): $11.90 per $100

Vacant Land:

No duty up to $350K
$350K - $450K: $15.39 per $100

Off-the-plan Duty Concession

Pre-construction contracts

100% off up to $750K (was $650K)
50% off $750K - $850K

Under-construction contracts

75% off up to $750K
37.5% off $750K - $850K

Valid until 30 June 2026

First Home-Owner Grant (FHOG)

$10,000 grant for new homes or builds
One grant per eligible transaction
Must live in the home as your main residence

Home Buyers Assistance Account (HBAA)

Up to $2,000 to cover incidental purchase costs
For established homes under $500K
Must apply via lender within 90 days

Keystart Modular Home Loan

2% deposit
Covers land + modular build + delivery
Up to 4 progress payments allowed
Faster and more affortable build pathway

UPCOMING INCENTIVES (COMING LATER IN 2025)

Shared Ownership Program Expansion (Keystart)

Expected Launch: September 2025

Co-ownership with WA Government (up to 35% or $250K)
Lower repayments, more affordability
Supports new/under-construction apartments & townhouse

Graduate & Apprentice Home Loans (Pilot Program)

Expected Launch: Late 2025

Low deposit entry
Free financial coaching
Reduced mortgage repayments
Designed for young first-time buyers

AZ Property offers a wide selection of current or off-the-plan properties that are eligible for many incentives listed above.

Contact AZ Property to learn more about these listings

Website: www.az-property.com.au

Phone: 08 9355 2757

Enquiry send to [email protected]

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