2025/26 State Budget - What it means for property.

What the WA State Budget Means for Perth Buyers & Sellers in 2025

The recently released WA State Budget includes a suite of housing initiatives that could significantly benefit both buyers and sellers across Perth. From stamp duty savings to incentives for going green, these changes are designed to ease affordability pressures and encourage sustainable homeownership.

Here’s a quick breakdown of the key updates—and what they could mean for your next property move.

Stamp Duty Relief for First-Home Buyers

Good news for first-home buyers: the State Government has committed $119 million to reduce stamp duty for eligible buyers. This means lower upfront costs when purchasing your first property in WA—a major win in today’s market.

What this means for buyers:
If you're looking to enter the property market, your dream of homeownership might be closer than you think. This is your chance to snap up a villa, apartment, or townhouse with significantly lower out-of-pocket expenses.

What this means for sellers:
Expect increased competition in the entry-level market. If you're selling a well-presented home under the median price, now is the perfect time to list. First-home buyers are active and ready to purchase.

Shared-Equity and Keystart Lending Support

The Budget also supports the expansion of Keystart's shared-equity lending programs, with over 1,000 loans planned for affordable homes such as apartments and townhouses. It also includes funding to support modular and innovative housing options.

Buyers:
This opens the door for more flexible lending—especially if you're finding traditional bank finance out of reach.

Sellers:
If you own a townhouse or apartment, this added accessibility could lead to increased demand in your segment.

Going Green: Renewable Energy Incentives for Homeowners

One of the standout announcements is the new $337 million Residential Battery Scheme. This initiative offers no-interest loans to households earning under $210,000 to install solar panels and home battery systems.

Buyers:
If you're looking to buy a home with existing solar or battery systems, you’ll benefit from lower energy bills and long-term sustainability.

Sellers:
If your property includes renewable energy upgrades, it’s time to highlight them. These features are becoming key selling points, especially for energy-conscious and budget-savvy buyers.

Property Market Forecast: Growth, but Slowing

While Perth’s property market saw impressive growth of ~18% in 2024–25, the forecast for 2025–26 is more moderate, with growth expected around 4.3%. Construction levels are also at a seven-year high, which may increase available stock in the coming year.

What this means for you:
We're shifting into a more balanced market. That means presentation, marketing, and strategy matter more than ever.

If you're selling, success will depend on more than just market conditions. Today’s buyers are discerning, and properties that stand out—visually and emotionally—are the ones that attract competition and premium offers.

At Mi Casa, we don’t believe in “listing and hoping.” We invest in:

• Professional styling and photography

• Tailored, high-impact marketing campaigns

• Clear, confident pricing strategies

• And—where appropriate—our exclusive pre-market renovation service

We’re seeing incredible results from this approach. In fact, properties that go through our Elevate renovation service before hitting the market consistently achieve stronger interest, faster sales, and higher sale prices. It’s about helping your home shine—maximising your profit with minimum stress.

Whether it's a fresh coat of paint, a bathroom refresh, or a complete cosmetic makeover, our team manages it all. And for the right property, we’ll even cover the costs upfront, so you can renovate now and pay from your sale proceeds later.

Thinking about selling? Don’t sell “as is.” Renovate for return. Let’s talk about how to elevate your home and capture the best result in this evolving market.

Final Thoughts: A Market in Transition

The 2025 State Budget confirms what we’re seeing on the ground—confidence in the Perth property market remains strong, and the government is investing in long-term housing stability.

At Mi Casa Property Boutique, we’re here to guide you through the opportunities these changes present. Whether you're buying your first home, selling an investment, or just exploring your options, now’s the time to have a conversation.

Want to know more. Read the full report here.

Key Takeaways:

• Stamp duty relief is making it easier for first-home buyers to enter the market.

• Keystart and shared-equity lending will support more buyers looking for affordable, low-maintenance homes.

• Solar incentives add value to properties and appeal to energy-conscious buyers.

• The Perth market remains resilient and active, but success requires smart strategy.