Stamp Duty Ready Reckoner

for
Conveyances & Mortgages
As at 1 July 2007

Introduction
The calculations within will assist taxpayers to calculate stamp duty for conveyance and mortgage
documents.

A brief summary of the rates applicable to each head of stamp duty precedes the tables.

Conveyance Rates

Concessional Rate
Applies to purchase of principal place of residence or business undertaking with a dutiable value
not exceeding $200,000.

Application forms and Fact Sheets are available upon request and on our website at
www.osr.wa.gov.au. Full details are contained in section 75AE of the Stamp Act 1921.

$ 0 - $100,000 $1.50 per $100.00 or part thereof

$ 100,001 - $200,000 $1,500 + $4.70 per $100.00 or part thereof above $ 100,000

First Home Owner Rate

Certain purchasers who qualify for the ‘First Home Owner Grant’ qualify for this rate. Also some
transferees who receive their property as a gift are eligible.

The thresholds for this rate are: for property purchased that includes a dwellinghouse $600,000
and for vacant land $400,000. Effective from 10 May 2007.

Application forms and Fact Sheets are available upon request and on our website at
www.osr.wa.gov.au. Full details are contained in section 75AG of the Act.

Purchases that include a dwellinghouse

$ 0 - $500,000 Nil

$ 500,001 - $600,000 $26.10 per $100.00 or part thereof above $ 500,000

1 of 2
 Purchases of vacant land

$ 0 - $300,000 Nil

$ 300,001 - $400,000 $15.70 per $100.00 or part thereof above $ 300,000

Normal Rates

0 - $ 80,000 $2.00 per $100.00 or part thereof

$ 80,001 - $100,000 $1,600 + $3.00 per $100.00 or part thereof above $ 80,000

$100,001 - $250,000 $2,200 + $4.00 per $100.00 or part thereof above $100,000

$250,001 - $500,000 $8,200 + $5.00 per $100.00 or part thereof above $250,000

$500,001 and upwards $20,700 + $5.40 per $100.00 or part thereof above $500,000

Mortgage Rate

Home Mortgage Rate

Applies where monies have been borrowed to purchase, improve or erect a dwellinghouse, or to
repay (refinance) a loan the proceeds of which have been used wholly in or towards the cost of
purchasing, improving or erecting a dwellinghouse.

Application forms are available upon request and on our website at www.osr.wa.gov.au. Full
details are contained in section 85(2) of the Act.

$20.00 for any amount up to and including $16,000 plus $0.125 for each $100 or part thereof in
excess of $16,000

Normal Rate

$20.00 for any amount up to and including $10,000 plus $0.20 for each $100 or part thereof in
excess of $10,000

Further information relating to general stamp duty enquiries can be obtained by ringing
(08) 9262 1100 and on our website at www.osr.wa.gov.au.

2 of 2