Buyers & Sellers

Information that buyers and sellers will be required to provide

From July 1 2017, new Commonwealth Government reporting requirements were introduced that affect all buyers and sellers involved in real estate property transfers in Western Australia.

For each transaction of freehold (and some leasehold) interest in real property situated in WA, the information to be collected and reported will include:

  • property details including land title information, property address and other descriptors
  • transactional information including sale price, contract date and settlement date
  • identity information of the purchaser/ transferee and vendor/ transferor including name, address, date of birth for individuals, business name, address and Australian Business Number (ABN)/ Australian Company Number (ACN) for non-individuals
  • foreign identity details including passport and visa numbers, Foreign Investment Review Board (FIRB) number

Buyers and sellers will be requested to provide this information to the conveyancing professional who is working on their behalf during the settlement process.  Buyers and sellers will not have direct access to the data portal.

For a comprehensive list of the information required see the ATO Property Reporting Requirements for WA.

ATO property reporting subscription form