The build-to-rent land tax exemption aims to encourage investment in the build-to-rent sector and increase the supply of long-term rental housing.
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.
The legislation received Royal Assent on 15 May 2024. See information about the exemption .
Update 18 February 2026
Legislation is being introduced to increase the exemption from 50% to 75%.
For eligible developments that become operational on or after 1 July 2025 and before 30 June 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
To access the increased exemption, developments must meet the eligibility criteria detailed above but must be completed before 1 July 2030.
This page will be updated when the legislation has received Royal Assent.
For more information about the Bill and to follow its progress, please see the Parliament website .
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)
