Western Australia
Mortgage broker for Western Australia home buyers and investorsBuying in WA? Get the numbers right.
Magnus Finance works with home buyers and property investors in Western Australia and right across Australia. We map your borrowing position across real lender calculators, then structure each loan so your next move stays possible.
Book a strategy callThe information on this page is general in nature and doesn't consider your personal circumstances. Government rules were current as at November 2026 and change often. Confirm the details with the RevenueWA before you rely on them, and consider whether this information is right for your situation.
Western Australia rules that affect your loan.
Stamp duty in WA
In Western Australia it's called transfer duty. It's usually your biggest upfront cost after the deposit, and lenders want to see you can cover it. Use the RevenueWA calculator for your exact figure.
First home buyers in WA
- For agreements on or after 7 May 2026, first home buyers pay no transfer duty on new or established homes up to $600,000, with a concessional rate up to $800,000.
- For vacant land, there's no duty up to $450,000 and a concession up to $550,000.
- The WA First Home Owner Grant is $10,000 (or the purchase or build cost, if less) for new homes. The value cap south of the 26th parallel rises to $800,000.
- The federal 5% Deposit Scheme lets eligible first home buyers purchase with a 5% deposit and no lenders mortgage insurance. Price caps vary by location, so check the Housing Australia eligibility tool.
Property investors in WA
- The off-the-plan duty concession has been extended to 30 June 2028, which can suit investors buying new apartments.
- WA land tax applies to investment property, and the thresholds for individuals and trusts differ. Check RevenueWA for current figures.
How Magnus Finance helps
- We run your borrowing capacity across lenders. It can vary a lot from bank to bank for the same person.
- We check how lenders treat the property's postcode and type before you commit.
- We structure each loan, in your name, a trust or a company, so it doesn't block your next purchase. Confirm entity structures with your accountant.
- Everything is done by phone, email and a secure online portal, wherever you are in Australia.
WA questions.
Is there stamp duty relief for first home buyers in WA?
Yes. For agreements from 7 May 2026, there's no transfer duty on homes up to $600,000 and a concession up to $800,000, for new or established homes. Eligibility rules apply, so check with RevenueWA.
Do I need a mortgage broker based in Western Australia?
No. Magnus Finance is based in Brisbane and works with clients in Western Australia and right across Australia by phone, email and a secure online portal. Lender policy, not broker location, decides what you can borrow.
What does a broker do differently for WA property?
We check how each lender treats the property's location and type, run your numbers through real lender calculators, and factor in state costs like duty and land tax before recommending a structure.