Buying into the Perth city lifestyle has never been more appealing—especially this winter. Thanks to a combination of state and local government incentives, eligible buyers of off-the-plan apartments in the CBD can benefit from what’s effectively a “double discount.” For those considering a home for sale in Perth, this is an opportunity to save both at settlement and for years to come.
Stamp Duty Waivers Up to $50,000
One of the most substantial upfront savings available to city buyers is the stamp duty concession offered by the Western Australian Government.
If you purchase an eligible off-the-plan apartment—that is, one not yet under construction—and sign the contract before 30 June 2025, you could receive a full or partial exemption on stamp duty, up to a maximum of $50,000.
This initiative is designed to support infill development and improve affordability for buyers entering the real estate Perth market. It’s particularly advantageous for first-home buyers, downsizers, and property investors in Perth looking to reduce their initial costs.
Ongoing Savings with Reduced Council Rates
Buyers who purchase new apartments within designated areas of the City of Perth may also be eligible for a 50% rebate on council rates for a period of three years.
To qualify, the property must fall within specific city boundaries (stretching from Kings Park to Hill Street and Roe Street) and have received development approval between July 2023 and June 2027.
These long-term savings offer real value—especially for buyers wanting to own a modern property in the 6000 postcode without the usual running costs.
The Combined Benefit: Why Timing Matters
Here’s what makes this moment unique:
- Save Thousands Upfront: Reduce or eliminate your stamp duty bill.
- Enjoy Ongoing Relief: Half-rate council bills for three years.
- Secure a Modern City Home: Move into a brand-new apartment with all the perks of inner-city living.
These combined savings are only available for a limited time—buyers must sign contracts by 30 June 2025 to secure the stamp duty benefits. If you’re eyeing an investment property for sale Perth or planning to buy a home in Perth’s CBD, acting soon is key.
Who Should Consider This Opportunity?
First-Home Buyers: Make your city move more affordable.
Downsizers: Enjoy low-maintenance living with financial incentives.
Investors: Add value through tax benefits and lower holding costs.
Young Professionals: Embrace the convenience of city living with reduced expenses.
How to Get Started
Speak with a Local Real Estate Expert – Our team can help you find qualifying off-the-plan apartments.
Check Your Eligibility – We’ll guide you through the government criteria for both concessions.
Secure Your Property Before 30 June 2025 – Lock in your savings while they’re still available.
Final Thoughts
This winter, Perth city buyers have a limited-time window to make a smart move in the property market. With two cost-saving incentives available on off-the-plan apartments, it’s the perfect time to explore your options. Whether you’re looking for a house for sale near Perth, a modern apartment, or the right property investment in Perth, our team is here to help you take advantage of these savings.
📞 Looking to buy smart in 2025?
Get expert support from PRD Real Estate Perth, your trusted local guide for real estate in Perth suburbs and the CBD.
🌐 Visit: www.prdperth.com.au
📞 Call: 8 9383 2066