Possibly – it all comes down to the price of your land. If your land is valued below $300,000 (which is very possible in Perth’s new estates) you can forget about stamp duty.
However, once the land portion of your package creeps over $300,000, stamp duty becomes payable. The exact cost depends on the price of your land so when in doubt, speak to one of our House and Land experts – they’ll be able to give you a full breakdown of the costs involved. The good news? Regardless of whether you need to pay stamp duty on the land or not, there’s absolutely no stamp duty payable on the home itself.
The good news? Regardless of whether you need to pay stamp duty on the land or not, there’s absolutely no stamp duty payable on the home itself.