At Holdsworth Real Estate, we are always looking for ways to help our clients navigate the path to home ownership. We are excited to share some fantastic news regarding the Western Australian Government’s recent amendments to stamp duty concessions.
The scheme, which provides significant relief for off-the-plan and under-construction dwellings, has not only been extended but significantly expanded to include the types of homes many of our local buyers are looking for.
What Has Changed?
The most significant update is the extension of the scheme to 30 June 2028. Originally set to expire this year, this extension provides a much-needed window of opportunity for those looking to secure a brand-new home.
Furthermore, the price thresholds have been increased to reflect current market conditions. The concessions now apply to properties up to $900,000, up from the previous $850,000 limit.
More Choice: Beyond Apartments
In the past, these concessions were largely aimed at high-rise apartment living. However, we know that many of our clients prefer medium-density options like villas, townhouses, and units.
The updated scheme now officially includes:
- Survey strata schemes
- Duplexes and triplexes
- Villas and townhouses
This is a game-changer for “urban infill,” allowing more people to stay in the suburbs they love while moving into modern, low-maintenance housing.
A Win for Downsizers and Re-entrants
One of the biggest hurdles for downsizers is the upfront cost of moving. According to recent data, over 60% of potential downsizers cite stamp duty as a primary barrier to moving.
By expanding the scheme to include villas and townhouses, the Government is making it easier for those looking to trade the large family home for something more manageable without being forced into high-density apartments. This scheme isn’t just for first-home buyers; it’s a vital tool for anyone looking to re-enter the market or transition to a home that better suits their lifestyle.
The Numbers: What You Could Save
The financial impact of these changes is substantial. Here is how the savings break down for a $800,000 property:
| Purchase Type | Concession Rate | Potential Saving |
| Off-the-Plan (Pre-construction) | 100% (Full Exemption) | $32,300+ |
| Under Construction | 75% Concession | $24,200+ |
Note: For properties between $800,000 and $900,000, the concession tapers down (50% for off-the-plan and 37.5% for under-construction).
Moving Forward
These changes took effect on 12 March 2026. If you have been considering a new build or a strata-titled villa, there has arguably never been a better time to look at your options.
At Holdsworth Real Estate, we are here to help you understand how these concessions apply to your specific situation. Whether you are looking for your first home or your “forever-downsize,” let’s chat about how you can take advantage of these savings.
