The costs of holding vacant land in WA
Before you buy, understand the ongoing costs of owning land you haven't built on yet.
Owning land comes with ongoing costs, even before you build. Here’s what to budget for.
Council rates
The Shire of Irwin charges rates on land in the shire. Ask the Shire for current rates for Rural Residential land.
Water charges
Lots connected to town water may have service charges. Check with the water provider.
Land tax
WA land tax may apply depending on your total land holdings and how they’re used. Your principal place of residence is generally exempt, but vacant land usually isn’t. RevenueWA can tell you whether it applies.
Insurance
Some owners insure vacant land for public liability. Ask your insurer.
Maintenance
Firebreaks and vegetation management may be required under Shire bushfire rules. Plan for occasional maintenance.
Get personal advice Your costs depend on your situation. Speak to an accountant before you buy.
Explore the location
See the beach, the towns and the drive times on the interactive map. Open the map →
Common questions
Do I pay rates on vacant land?
Yes, council rates apply to land in the Shire.
Does land tax apply?
It depends on your total holdings. Check with RevenueWA.
Questions? Talk to Terry.
Ask about lots, the contract, building or visiting and Terry will call you back.
- $10,000 deposit secures your lot
- Nothing more to pay until settlement in mid-2027
- Construction commences October
Keep reading
Buying vacant land in an SMSF: what to know
Some buyers consider buying land through a self-managed super fund. The rules are strict, so here's an overview.
Read the guideLand banking: what it means
An explanation of the term "land banking", how people use it and what to consider. No hype.
Read the guideFinance for vacant land: the basics
Lenders often treat vacant land differently from houses. Here's what to ask.
Read the guide