Stamp Duty · Calculator

Stamp Duty on $500,000 in Tasmania (2025-26)

Stamp duty on a $500,000 property in Tasmania is estimated at $18,248. Including transfer and mortgage registration fees, upfront government costs are about $18,672. This page breaks down each amount and shows concession scenarios.

Stamp duty in Tasmania

Tasmania has a simple progressive duty scale. With a median house price lower than mainland capitals, stamp duty bills are generally more manageable. Tasmania's 100% stamp duty exemption for first home buyers of established homes ended on 30 June 2026; a $20,000 First Home Owner Grant remains for newly built homes.

Policy note: Tasmania's First Home Owner Grant for newly built homes is $20,000 from 1 July 2026 (down from a $30,000 boost) under the 2026-27 Budget, which has passed the Tasmanian Parliament. The 100% first-home duty exemption on established homes ended on 30 June 2026, so established-home buyers now pay standard duty.
Foreign buyer surcharge: Tasmania applies an 8% Foreign Investor Duty Surcharge (FIDS) on residential property — in line with most mainland states.
Stamp duty $18,248.00 TAS transfer duty on $500,000
Effective rate 3.65%
Total upfront $18,672.00
Transfer fee $257.00

Cost Breakdown

Purchase price $500,000
Stamp duty (TAS) $18,248.00
Transfer registration fee $257.00
Mortgage registration fee $168.00
Total upfront government costs $18,672.00
Effective stamp duty rate 3.65%

First Home Buyer Concession

Standard stamp duty $18,248.00
First home buyer duty $18,248.00
FHB saving $0.00

Use our TAS First Home Buyer Calculator to check eligibility and get a detailed breakdown.

Compare Nearby Prices in TAS

Price Stamp Duty Effective Rate
$450,000 $16,123.00 3.58%
$500,000 $18,248.00 3.65%
$550,000 $20,373.00 3.70%

Compare $500,000 Across States

Buying in this price range

Properties under $500,000 are typically entry-level — units, apartments, or houses in regional areas and outer suburbs. At this price point, first home buyer concessions and grants have the most impact, potentially eliminating stamp duty entirely in several states. The upfront government costs at this level are a smaller proportion of the purchase price, but still represent a significant cash outlay alongside your deposit.

First Home Buyer relief is strongest here

Most states offer full stamp duty exemption or significant concessions at this price point. NSW exempts purchases under $800,000, VIC under $600,000, QLD under $700,000 (established homes; new homes and vacant land to build have no price cap), and SA (new homes, off-the-plan homes and vacant land to build, with no price cap since June 2024). Always check the specific threshold for your state — small differences in price can mean thousands in savings.

Factor stamp duty into your deposit

Even with concessions, you need cash for transfer and mortgage registration fees, conveyancing, and building inspections. Budget 2-3% of the purchase price for total upfront costs beyond the deposit. On a $400,000 property, that is $8,000-$12,000.

Typical buyers: First home buyers, downsizers, regional buyers, and apartment purchasers in capital cities.

Frequently asked questions

How much is stamp duty on a $500,000 property in TAS?
Stamp duty on a $500,000 property in Tasmania is $18,248. This represents an effective stamp duty rate of 3.65% of the purchase price. Including transfer and mortgage registration fees, total upfront government costs are $18,672.
What are the total upfront costs on a $500k property in TAS?
For a $500,000 property in Tasmania, total upfront government costs are approximately $18,672. This includes stamp duty of $18,248, a transfer registration fee of $257, and a mortgage registration fee of $168.
Do first home buyers get a discount on $500k in TAS?
At $500,000, first home buyer concessions in Tasmania do not reduce the stamp duty amount. The concession thresholds are below this price point. Standard stamp duty of $18,248 applies.
How is stamp duty calculated in TAS?
Tasmania uses a progressive bracket system for stamp duty. The rate increases as the property value rises, similar to income tax brackets. Only the portion of the price within each bracket is taxed at that bracket's rate. Use our interactive TAS Stamp Duty Calculator for a detailed breakdown.

Need a detailed calculation?

Our interactive TAS Stamp Duty Calculator lets you enter any property value and see a full breakdown of duty, fees, and concessions.

First home buyer? Check your eligibility with the TAS First Home Buyer Calculator.

State Stamp Duty Effective Rate
NSW $16,687.00 3.34%
VIC $25,070.00 5.01%
QLD $15,925.00 3.19%
SA $21,330.00 4.27%
WA $17,765.00 3.55%
TAS $18,248.00 3.65%
NT $23,929.00 4.79%
ACT $11,400.00 2.28%