If you have been dreaming of owning your own home, now is a great time to take the leap onto the property ladder! The stamp duty exemption threshold for first home buyers was increased by the WA Government in March 2025, which means you won’t have to pay any stamp duty if you buy a home for under $500,000 – saving you nearly $18,000.
The good news is that many Perth suburbs have properties listed for less than $500,000, even if the suburb’s median house price is higher. We’ve found a selection of properties recently listed on reiwa.com for under the threshold - could one of these be the perfect place to call home?
Note: First home buyers who have bought a home or land on or since 21 March 2025 will have to pay the current rate of duty but will be able to apply for a refund when the legislation comes into effect.
Armadale
From $318,000
This fantastic value, 2-bedroom apartment has an open plan living area, neat and tidy kitchen and a large balcony. Enjoy the long Perth summers in your own private, gated complex with lush gardens, BBQ area and below ground swimming pool – with none of the maintenance! Plus, it’s conveniently located near shops, schools and public transport, making it an ideal home for a small family.
Seville Grove
From $479,000
This spacious 3-bedroom villa is the perfect choice for first home buyers. It offers plenty of storage with a good-sized kitchen and built-in robes in each bedroom. The central bathroom with bathtub makes it a great option for a young family.
Mount Lawley
From $449,000
For those who want to be amongst the action, look no further than this spacious 2-bedroom apartment within walking distance to the Mount Lawley café strip and just a ten-minute bus ride from the city. It features oversized light filled open plan living and dining areas, a stylish galley kitchen plus a large private balcony.
Joondalup
Mid to High $400,000s
This modern 2-bedroom, 2-bathroom apartment is a dream for first home buyers. Located in the heart of Joondalup, it offers the ideal blend of comfort, convenience, and location. When at home you will feel safe in the secure complex with allocated parking and intercom entry. When out and about, enjoy the convenience of walking to the Lakeside Joondalup Shopping Centre, cafes, restaurants and entertainment.
Kenwick
Offer
Tucked away in a secure, gated complex, this neat and tidy villa offers a comfortable and practical lifestyle. Built in 2004 and freshly painted throughout, it's an ideal option for first home buyers looking for a low-maintenance property in a convenient location. Multiple living areas provide a bit of extra flexibility, with an open-plan kitchen, meals and family space and a separate theatre room with double doors - perfect for movie nights, a quiet reading space, or even a home office.
