Stamp duty & first home buyer help in Tasmania
What you’ll pay in transfer duty in TAS in 2026–27, the first home buyer concessions and grants available, and how to work out your own figure.
How stamp duty works in TAS
In Tasmania, stamp duty is called property transfer duty and is collected by the State Revenue Office of Tasmania. It is calculated on the purchase price or market value, whichever is greater. The first home buyer duty exemption on established homes ended on 30 June 2026, so first home buyers purchasing an existing home now pay duty at the general rates, the same as other buyers.
The main help for first home buyers is now the First Home Owner Grant. For eligible transactions from 1 July 2026 to 30 June 2027, the grant is $20,000 for a new home that has never been lived in or sold as a residence, including homes you build. A specialist broker from our partner network can help you weigh up the costs of buying new against buying an established home.
First home buyers in TAS
- $20,000 First Home Owner Grant for new homes, for eligible transactions commencing between 1 July 2026 and 30 June 2027.
- The grant was $30,000 for transactions in 2025-26, so the amount you receive depends on when your contract or build commenced.
- The home must not have been previously occupied or sold as a residence. Kit homes and owner-built homes can qualify.
- You must live in the home for at least six continuous months, starting within 12 months of completion.
- The first home buyer duty exemption for established homes ended on 30 June 2026, so general duty rates now apply to established homes.
- The national 5% Deposit Scheme (First Home Guarantee) has had no income caps or place limits since 1 October 2025.
Stamp duty in TAS at a glance
Estimated transfer duty at common purchase prices. First home buyer columns assume you meet every eligibility rule.
| Price | Owner-occupier | Investor | First home buyer (established) | First home buyer (new home) |
|---|---|---|---|---|
| $500,000 home | $18,248 | $18,248 | $18,248 | $18,248 |
| $650,000 home | $24,622 | $24,622 | $24,622 | $24,622 |
| $800,000 home | $31,185 | $31,185 | $31,185 | $31,185 |
| $1,000,000 home | $40,185 | $40,185 | $40,185 | $40,185 |
| $1,500,000 home | $62,685 | $62,685 | $62,685 | $62,685 |
Estimates only, based on general rates checked 2 October 2026. Excludes foreign buyer surcharges, land tax, registration fees and other concessions. Always confirm with the State Revenue Office Tasmania calculator.
First Home Owner Grant: $20,000
A $20,000 grant for first home buyers who buy or build a new home, for eligible transactions commencing from 1 July 2026 to 30 June 2027. The build must generally be completed within 24 months.
Also worth knowing
- Foreign investors pay a foreign investor duty surcharge of 8% on residential property, on top of standard property transfer duty.
- The national 5% Deposit Scheme can help you buy sooner with no lenders mortgage insurance.
Stamp duty in TAS: common questions
Do first home buyers still get a stamp duty exemption in Tasmania?
Not on established homes. The first home buyer duty exemption for established homes ended on 30 June 2026, so general duty rates now apply. The main support for first home buyers is the First Home Owner Grant on new homes.
How much is the Tasmanian First Home Owner Grant?
For eligible transactions commencing between 1 July 2026 and 30 June 2027, the grant is $20,000. It was $30,000 for transactions in the 2025-26 financial year.
Who is eligible for the Tasmanian grant?
You must be an Australian citizen or permanent resident aged 18 or over, buying or building a new home, and neither you nor your spouse can have previously owned and lived in a home in Australia. A specialist broker from our partner network can help you check your eligibility and plan your finance around the build.
Sources
Government sources used for this page. Rules change, especially on 1 July, so check them before you sign a contract.
Other states
Buying your first home?
A specialist mortgage broker from our partner network can check your eligibility for grants, concessions and the 5% Deposit Scheme.