{"id":654771,"date":"2026-05-07T04:40:09","date_gmt":"2026-05-07T04:40:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/654771\/"},"modified":"2026-05-07T04:40:09","modified_gmt":"2026-05-07T04:40:09","slug":"first-home-buyer-exemptions-increased-as-perth-property-prices-soar","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/654771\/","title":{"rendered":"First Home Buyer exemptions increased as Perth property prices soar"},"content":{"rendered":"<p>With Perth property price growth leading the nation and the median house price now more than $1 million, the state government has lifted the first home buyer stamp duty exemption from $700,000 to properties valued at $800,000 or less. <\/p>\n<p>Related Article<a href=\"https:\/\/www.watoday.com.au\/politics\/western-australia\/labor-has-already-hurled-billions-at-wa-s-spot-fires-what-s-left-in-the-budget-20260429-p5zsap.html\" tabindex=\"-1\" class=\"sc-cba76dee-0 hdiTqm\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"WA budget main pictures, WA Premier Roger Cook, Treasurer Rita Saffioti\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/3fa81e0b7c227696b43ecd9780c42c1beef796fe386df9fa0b36a0965948720b.jpeg\"  class=\"sc-d34e428-1 ioInpc\"\/><\/a><\/p>\n<p>The changes were announced today, just hours before Premier Roger Cook prepares to hand down the 2026\/27 State Budget. <\/p>\n<p>It is the third time the state government has increased the stamp duty exemption cut off, with this most recent time increasing it by $100,000. <\/p>\n<p>The changes, worth $297 million, are expected to deliver savings of up to $22,515 to people buying a new or established home, and up to $25,390 when building a home. <\/p>\n<p>Those who buy or build a home for $600,000 or less will pay no stamp duty, while stamp duty concessions will be available for homes up to $800,000. <\/p>\n<p>The $10,000 First Homes Owners Grant cap will also increase from $750,000 to $800,000. <\/p>\n","protected":false},"excerpt":{"rendered":"With Perth property price growth leading the nation and the median house price now more than $1 million,&hellip;\n","protected":false},"author":2,"featured_media":654772,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-654771","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/654771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=654771"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/654771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/654772"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=654771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=654771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=654771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}