How to unlock huge savings on an off-the-plan purchase
The off-the-plan stamp duty concession and rebate scheme was developed to enhance homeownership accessibility for Western Australians, while boosting the construction industry!
Now extended until 30 June 2025, this scheme makes it easier than ever to secure your dream off-the-plan property, offering enticing concessions that reduce upfront costs.
Allowing buyers to benefit from significant savings, an upfront stamp duty concession is available if you:
- Enter into a pre-construction contract between 23 October 2019 and 30 June 2025 to purchase a new residential unit or apartment off-the-plan.
- Enter into an under construction contract between 31 August 2023 and 30 June 2025 to purchase a new residential unit or apartment off-the-plan.
Imagine stepping into your new home with more financial ease! As the government enhances this initiative, the pathway to owning a brand-new apartment is clearer than ever.
Watch our 2-minute video to find out more about the two concessions available to off-the-plan buyers, and how much you can save.
*The figures in the video are provided for illustrative purposes only.
Off-the-plan projects that qualify for Stamp Duty savings
Coterie Apartments, Como
1, 2, and 3-bedroom apartments in Como, are now under construction with completion expected in 2026. 37.5% off Stamp Duty fees are available on all apartments, before completion.
Chapel Hill Apartments, Como
1, 2, and 3-bedroom apartments in Como, now selling in a pre-construction phase. Take advantage of up to 100% off Stamp Duty costs, before construction begins on these apartments.
Olive St Apartments, Subiaco
1, 2, and 3-bedroom apartments in Subiaco, are now under construction with completion expected in mid-2025. Up to 75% off Stamp Duty fees are available for a limited time, before completion.
More detail on the off-the-plan stamp duty concession and rebate can be found on the WA Government Website.
