What is the First Home Owner Rate of transfer stamp duty (“FHOR”)?

A person who:

• qualifies for a First Home Owner Grant (‘grant’)
• would have otherwise qualified for a grant had consideration been paid, or for the purchase of an established home
• is an Indian Ocean Territory resident acquiring their first home
• may be entitled to the first home owner rate (‘FHOR’) of duty on the transfer, or agreement to transfer (i.e. the contract for sale), in respect of the purchase of the home or vacant land.

For Western Australian property purchases we encourage you to refer to the WA Office of State Revenue duty calculator to estimate the cost of your duty.