REIWA calls for higher stamp duty thresholds in WA

Summarised from 2 outlets · Updated 8 Nov, 04:50 · Archive

Western Australia's real estate institute is calling for stamp duty thresholds to be raised to reflect rising property prices.

The Real Estate Institute of Western Australia has submitted a call to the Cook Government's 2027 Budget for higher stamp duty thresholds, saying homeowners are paying tens of thousands of dollars in taxes they should not have to pay. REIWA president Rob Mandanici said the thresholds should be increased to reflect the impact of strong price growth on bracket creep, and that this would help buyers in general, facilitate downsizing and create mobility within the market.

Perty's median house price has risen sharply. In January 2020, the annual median house sales price in greater Perth was $480,000, compared to $960,000 in August 2026. The median unit sales price rose from $385,000 to $690,000 over the same period. REIWA says a buyer at the January 2020 median price would have paid $16,815 in stamp duty, while a buyer at the August 2026 median price would have paid $40,550 — an increase of more than 140 per cent.

REIWA also called for a program to incentivise investors to provide affordable rental properties at below-market rates and an incentive scheme to encourage investors to install solar panels on rental property. The Cook Government had previously extended stamp duty concessions in May 2026, but REIWA argues these thresholds are already challenged by strong price growth. WA Treasurer Rita Saffioti said the state government had extended its stamp duty concessions to support more housing supply and diversity in the market.

How it is being reported

• REIWA highlights stamp duty and rental relief in state budget wishlistREIWA president Rob Mandanici said while prices are now declining, strong growth over the past few years had made purchasing a property increasingly expensive.WAtoday · 8 Nov, 04:17
• REIWA calls for more WA stamp duty relief as homebuyers feel pinchThe State’s peak real estate lobby group is calling for an overhaul of WA’s stamp duty system, saying homeowners are being saddled with tens of thousands of dollars in taxes they shouldn’t have to pay.The West Australian · 7 Nov, 10:05

In this story: REIWA · Real Estate Institute of WA · Cook Government · Western Australia · Perth · Rob Mandanici · Rita Saffioti

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