When is Tasmanian stamp duty payable?

Property transfer duty in Tasmania must be paid within 3 months of the date of the dutiable transaction, typically at settlement.

How is TAS stamp duty calculated?

Tasmania uses graduated brackets applied to the dutiable value. A $550,000 established home attracts approximately $20,400 in standard duty, reduced to around $10,200 for eligible first home buyers (50% concession).

Stamp Duty TAS · Free Guide · Updated April 2026

Stamp Duty in Tasmania — What You’ll Actually Pay

Q: Is there a First Home Owner Grant in Tasmania?

Yes, Tasmania offers a First Home Owner Grant of $10,000 for eligible first home buyers building or purchasing a new home. This is separate from the duty concession.

Eligible first home buyers in Tasmania receive a 50% concession on property transfer duty for established homes up to $600,000. Foreign investors pay an additional 8% surcharge. Here’s how it works, with a worked example and SRO Tasmania citations.

Get referred to a specialist → SRO TAS calculator ↗

Last reviewed: April 2026 · Verify current rates at SRO Tasmania

Quick Answer

How much stamp duty do first home buyers pay in Tasmania in 2026?

Eligible first home buyers in Tasmania receive a 50% concession on property transfer duty for established homes up to $600,000 (as at April 2026). The Foreign Investor Duty Surcharge is 8% on top of standard duty. For a $550,000 Hobart established home, a non-FHB pays approximately $20,400; an eligible FHB pays about $10,200 after the 50% concession. Verify with the SRO Tasmania calculator.

50% — FHB concession on established homes ≤ $600,000
$10K — First Home Owner Grant for new-build purchases
8% — Foreign Investor Duty Surcharge
Payable within 3 months of the dutiable transaction

50%

FHB concession on property transfer duty for established homes ≤ $600K

$10K

First Home Owner Grant for new builds

Foreign Investor Duty Surcharge on residential acquisitions

How property transfer duty works in Tasmania

Tasmanian stamp duty (property transfer duty) is administered by the State Revenue Office of Tasmania. Duty is calculated on the dutiable value of the property (purchase price or market value) using graduated rate brackets. The buyer pays; the seller pays nothing. Payment is due within 3 months of the dutiable transaction, typically at settlement.

First home buyer 50% concession

Tasmania’s first home buyer concession reduces property transfer duty by 50% on established homes with a dutiable value up to $600,000. Unlike some mainland states, Tasmania offers a concession (50% discount), not a full exemption. Eligibility requires you be 18+, never owned property in Australia, and occupy as principal residence for at least 6 continuous months starting within 12 months of settlement.

First Home Owner Grant (new builds)

Tasmania’s FHOG provides $10,000 for eligible first home buyers building or purchasing a new home. This is separate from the 50% concession and both may apply — the concession reduces duty, the grant is a direct cash payment.

Foreign Investor Duty Surcharge (FIDS)

Foreign individuals, corporations and trusts pay an additional 8% Foreign Investor Duty Surcharge on top of standard property transfer duty (as at April 2026). Applies to residential property acquisitions.

Worked example — $550,000 Hobart home

A non-first-home buyer purchasing a $550,000 established home in Hobart pays approximately $20,400 in property transfer duty using SRO Tasmania’s 2026 graduated brackets. An eligible first home buyer pays about $10,200 after the 50% concession. A foreign investor pays $20,400 + $44,000 (8% FIDS) = $64,400. Run your exact scenario through the SRO TAS calculator.

⚠ Rates change — always verify before you rely on these figures

Property transfer duty rates, thresholds and surcharges are set by Tasmanian state budget decisions and can move between annual budgets. Figures above reflect SRO Tasmania’s position as at April 2026. Before committing to a purchase, verify at SRO Tasmania or run the official calculator. This guide is general information, not financial or legal advice.

Common mistakes

Where TAS buyers trip up

❌

Expecting a full exemption like NSW or VIC

Tasmania offers a 50% concession, not a full exemption. Even eligible first home buyers at $550K still pay around $10K in duty. Plan for that cash requirement at settlement.

❌

Missing the 6-month occupancy requirement

The concession requires at least 6 continuous months of principal-residence occupancy starting within 12 months of settlement. Renting out first, even briefly, can trigger a clawback.

❌

Forgetting to apply for the FHOG separately

The $10,000 First Home Owner Grant is a separate scheme for new builds. Many buyers focus on the duty concession and miss the grant, which is a straight cash payment.

❌

Part-foreign ownership triggering FIDS

Joint purchase with a foreign partner triggers the 8% FIDS on their interest. Get advice on structuring before exchange.

Common questions

Tasmania stamp duty FAQ

Eligible first home buyers in Tasmania receive a 50% concession on property transfer duty for established homes up to $600,000 (as at April 2026). This is a discount, not a full exemption. Verify at SRO Tasmania.

Foreign investors pay an additional 8% Foreign Investor Duty Surcharge on top of standard property transfer duty (as at April 2026). Applies to foreign individuals, corporations and trusts. Verify at SRO Tasmania.

Property transfer duty must be paid within 3 months of the dutiable transaction, typically at settlement. Your conveyancer handles this as part of settlement.

Yes, Tasmania offers a $10,000 First Home Owner Grant for eligible first home buyers building or purchasing a new home. Separate from the 50% duty concession — both may apply to the same purchase.

Using SRO Tasmania’s graduated brackets, a non-first-home buyer pays approximately $20,400 on a $550,000 purchase. An eligible first home buyer pays about $10,200 after the 50% concession. Run your exact scenario through the SRO TAS calculator.

Stamp Duty in Tasmania — What You’ll Actually Pay

How much stamp duty do first home buyers pay in Tasmania in 2026?

⚠ Rates change — always verify before you rely on these figures

Where TAS buyers trip up

Tasmania stamp duty FAQ

Next steps

Model your exact TAS stamp duty with a specialist