TAS First Home Buyer Stamp Duty Calculator
Tasmania offers a generous first home buyer exemption with a full duty waiver on properties up to $750,000.
Note: This exemption expires 30 June 2026.
Full exemption up to $750,000. No sliding scale - above that, full duty applies.
Select a preset:
Enter a property price to estimate your first home buyer stamp duty savings in Tasmania.
Tasmania first home buyer exemption
Tasmania has a simple threshold-based system with no sliding scale:
| Property value | Concession | You pay |
|---|---|---|
| $0 – $750,000 | Full exemption | $0 duty |
| Over $750,000 | None | Full duty |
Important: Unlike other states, Tasmania has no sliding scale. If your property is valued at $750,001, you pay the full duty amount with no concession.
Eligibility requirements
- You must be 18 years or older
- Australian citizen or permanent resident
- Never owned residential property in Australia
- Your spouse/partner must not have previously owned property
- Purchase must be residential property (house, unit, or land to build on)
- Move into the property within 12 months
- Live there as your principal residence for at least 6 continuous months
Expiry date
The current $750,000 threshold is a temporary measure introduced to help first home buyers during the property boom. It expires on 30 June 2026.
After this date, the threshold may revert to a lower amount or the scheme structure may change. Check with the State Revenue Office for the latest information.
First Home Owner Grant (FHOG)
Tasmania also offers a $30,000 First Home Owner Grant for new homes only (not established properties). The property must be valued under $600,000 (including land and building).
The FHOG is separate from stamp duty - you can receive both if eligible.
FAQ
Does this apply to new and established homes?
Yes, the stamp duty exemption applies to both new and established homes up to $750,000.
What happens at $750,001?
You pay full duty with no concession. Tasmania has no sliding scale, so even $1 over the threshold means full duty applies.
Can I get the FHOG and duty exemption?
Yes, if buying a new home under $600,000. Established home buyers can only receive the duty exemption.
Tasmania duty savings lower upfront cost, but the loan still needs testing
After checking the Tasmanian concession, continue into the mortgage app to test repayments, rate stress, and preapproval assumptions for your target purchase range.
TAS first home buyer exemption confirmed January 2025. Source: State Revenue Office Tasmania.