Stamp Duty on $1,000,000 in WA
Stamp duty on a $1,000,000 property in WA (Western Australia) is $42,615.50 at the general rate. Change the price or buyer below to recalculate with official Western Australia rates.
Stamp duty on $1,000,000 in WA by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $42,615.50 | 4.26% |
| Home you will live in | $42,615.50 | 4.26% |
| First home buyer, established home | $42,615.50 | 4.26% |
| First home buyer, new home | $42,615.50 | 4.26% |
| Foreign buyer (duty plus surcharge) | $112,615.50 | 11.26% |
How the $1,000,000 figure is worked out
- General rate: $28,453.00 plus $5.15 per $100 of the $275,000 above $725,000 (rounded up to the next $100).
First home buyers: No first home owner rate above $800,000.
Stamp duty near $1,000,000 in WA
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $850,000 | $34,891 | $34,891 |
| Stamp duty on $900,000 | $37,466 | $37,466 |
| Stamp duty on $950,000 | $40,041 | $40,041 |
| $1,000,000 | $42,616 | $42,616 |
| Stamp duty on $1,100,000 | $47,766 | $47,766 |
| Stamp duty on $1,200,000 | $52,916 | $52,916 |
| Stamp duty on $1,300,000 | $58,066 | $58,066 |
$1,000,000 stamp duty in every state
At $1,000,000, Western Australia ranks number 5 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Australian Capital Territory | $36,950 |
| Queensland | $38,025 |
| New South Wales | $39,187 |
| Tasmania | $40,185 |
| Western Australia | $42,616 |
| South Australia | $48,830 |
| Northern Territory | $49,500 |
| Victoria | $55,000 |
Frequently asked questions
How much is stamp duty on $1,000,000 in WA?
Stamp duty on a $1,000,000 property in Western Australia is $42,615.50 at the general rate. That is 4.26% of the price. First home buyer relief does not reduce duty on an established home at $1,000,000; the buyer pays $42,615.50.
Do first home buyers pay stamp duty on $1,000,000 in WA?
First home buyer relief does not reduce duty on an established home at $1,000,000; the buyer pays $42,615.50.
How much stamp duty does a foreign buyer pay on $1,000,000 in WA?
$112,615.50 in total: $42,615.50 transfer duty plus $70,000.00 foreign transfer duty (7%).