Stamp Duty Valuation Perth

PWE Property Consultants & Valuers provides independent stamp duty valuations across the Perth metropolitan area for property owners, settlement agents, solicitors and accountants. Every report is prepared by a licensed valuer with over 20 years’ experience.

What is a stamp duty valuation?

In Western Australia, stamp duty on property is formally called transfer duty and is charged under the Duties Act 2008. Duty is usually calculated on the price paid. Where a property is transferred for less than its full value, or for no payment at all, duty is assessed on the property’s unencumbered value instead. A stamp duty valuation establishes that value as at the date of the transaction.

When do you need one?

Where the parties to a transfer are related, or are not dealing at arm’s length, RevenueWA requires the property to be independently valued before duty is assessed. Common situations include:

  • Transfers between family members, such as parents to children or between siblings
  • Transfers to or from a company, trust or super fund controlled by the same people
  • Gifts of property or sales at below market price
  • Changes in ownership shares between co-owners
  • Business and group restructures, including landholder duty matters

What your valuation report includes

  • An inspection of the property
  • Title and property details
  • Analysis of comparable sales evidence
  • The unencumbered market value as at the date of the transaction
  • A signed report by a licensed valuer, prepared for duty purposes and suitable for lodgement with RevenueWA

Why choose PWE for your stamp duty valuation?

A valuation prepared for duty purposes by a licensed valuer, with clear supporting evidence, gives RevenueWA what it needs to assess the transaction and helps avoid delays at settlement. PWE is an independent Perth valuation practice whose three directors are all licensed valuers, each with more than 20 years’ experience. We value residential, commercial and industrial property.

We also provide capital gains tax valuations, which are often needed for the same transaction.

Frequently asked questions

Is stamp duty the same as transfer duty?

Yes. Transfer duty is the current legal name in Western Australia, but most people still call it stamp duty.

Can I use a real estate agent’s appraisal?

For transfers between related parties, an independent valuation is required. A report by a licensed valuer, prepared specifically for duty purposes, is the most reliable way to meet that requirement.

Can one valuation cover both stamp duty and capital gains tax?

Often, yes, where both are assessed at the same date. Tell us at the outset and we will prepare the report for both purposes.

What do you need from me?

The property address, the date of the transfer, the names of the parties, and access for an inspection.

Which areas do you cover?

We value property throughout the Perth metropolitan area.

Talk to a valuer

Call (08) 9228 9955 or send us a message to discuss your stamp duty valuation.

Contact Us

EMAIL

admin@pweproperty.com.au

OFFICE

14A/151 Herdsman Parade, Wembley WA 6014

DON EFTOS

+61 418 920 773

JASON EFTOS

+61 439 939 931

ANDREW MILL

+61 409 376 100