The off-the-plan duty concession and rebate scheme aims to make home ownership more accessible to Western Australians and encourage employment in the construction industry by providing a duty concession or a rebate of duty paid on eligible apartment purchases.
Buyers of apartments under construction that sign an eligible contract will receive a transfer duty concession of up to 75% of the concession currently available for off-the-plan purchases, capped at $50,000.
The concession will be available for purchases from 31 August 2023 until 30 June 2025, in line with the existing off-the-plan transfer duty concession.
Read the media statement here!