What is Tasmania's first home buyer duty exemption?

Tasmania offers a full stamp duty exemption for first home buyers purchasing properties valued up to $750,000. This applies to both new and established homes. There is no sliding scale - properties over $750,000 pay full duty.

When does the TAS exemption expire?

The current $750,000 threshold is a temporary measure that expires on 30 June 2026. After this date, the threshold may be reduced or the scheme may change.

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.

Enter a property price to estimate your first home buyer stamp duty savings in Tasmania.

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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.

Frequently asked questions

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.

Tax Accuracy & Sources

Reviewed: March 2026 · Tax year: 2025-26

Estimates Tasmania property transfer duty savings for first home buyers. Full exemption applies to properties up to $750,000 (new and established) until 30 June 2026. Does not cover foreign investor surcharges or partial interest transfers.

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TAS first home buyer exemption confirmed January 2025. Source: State Revenue Office Tasmania.