The build-to-rent exemption aims to increase the availability of rental properties in WA by providing a 50 per cent exemption from land tax for up to 20 years for eligible developments.
The exemption will apply to developments that:
- contain at least 40 self-contained dwellings available for three-year residential leases
- are owned by the same owner or group of owners and be managed by the same management entity and
- are completed between 12 May 2022 and 1 July 2032.
The exemption will be available from the 2023-24 assessment year.
For developments that become operational on or after 1 July 2025 and before 1 July 2030, a 75% land tax exemption will apply for the first ten assessment years after the development is completed. After ten years, the exemption will revert to 50% for the subsequent ten years.
The legislation that increased the exemption received Royal Assent on 25 June 2026.
Media statements
- See the Ministers' media statement (18 February 2026)
- See the Minister’s media statement (17 May 2023)
- See the Premier’s media statement (12 May 2022)
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