Stamp duty calculator Tasmania
Property transfer duty on a Tasmanian purchase in 2026-27, now that the established-home exemption has closed, with the First Home Owner Grant and the foreign investor duty surcharge.
Checked by Radif Partners · Editorial policy · Methodology
TAS property transfer duty
$28,935
Property transfer duty scale · 3.86 % of the price
| Duty at the general scale | $28,935 |
| Duty payable | $28,935 |
| Total to the revenue office | $28,935 |
Contract signed in 2026-27, residential property, one buyer profile for the whole purchase. How this is calculated
Tasmania no longer exempts first home buyers from property transfer duty: the 100 % exemption on established homes up to $750,000 ended for settlements after 30 June 2026, and the off-the-plan apartment concession closed for contracts after the same date. In 2026-27 every buyer, first home or not, pays the same scale, which the State Revenue Office of Tasmania has used since 21 October 2013. A $600,000 home in Hobart or Launceston therefore costs $22,498 in duty for a first home buyer, the same as for an investor. What remains for first home buyers is the First Home Owner Grant on a new home, $20,000 for transactions from 1 July 2026 to 30 June 2027, down from $30,000 the year before. Foreign buyers pay the foreign investor duty surcharge of 8 % on residential land.
What closed on 30 June 2026
Three Tasmanian schemes have ended, two of them on 30 June 2026, and each has its own cut-off. Whether the test is the contract or the settlement matters as much as the date:
- first home buyers of established homes up to $750,000: 100 % exemption, for settlements up to 30 June 2026;
- off-the-plan apartments: concession for contracts up to 30 June 2026;
- pensioners downsizing to a new home: concession for sales settled by 30 June 2025.
The first is the one that catches people out. The test is the settlement date, so a contract signed in May 2026 and settled in August 2026 pays full duty. The Tasmanian first home buyer page works through the timing.
The Tasmanian scale
With the concessions gone, every buyer uses this table. Duty is charged per $100, or part of $100, above each threshold.
| Dutiable value | Duty |
|---|---|
| $0 to $3,000 | $50 (minimum) |
| $3,000 to $25,000 | $50 plus $1.75 per $100 over $3,000 |
| $25,000 to $75,000 | $435 plus $2.25 per $100 over $25,000 |
| $75,000 to $200,000 | $1,560 plus $3.50 per $100 over $75,000 |
| $200,000 to $375,000 | $5,935 plus $4.00 per $100 over $200,000 |
| $375,000 to $725,000 | $12,935 plus $4.25 per $100 over $375,000 |
| over $725,000 | $27,810 plus $4.50 per $100 over $725,000 |
The top rate, $4.50 per $100 above $725,000, is modest by national standards. That is why Tasmania can be cheaper than Victoria or South Australia for a repeat buyer even with no concession at all.
Tasmanian duty at a range of prices
| Price | Any buyer, duty | First home buyer, new home: duty less grant | Foreign buyer, with FIDS |
|---|---|---|---|
| $350,000 | $11,935 | -$8,065 | $39,935 |
| $450,000 | $16,123 | -$3,877 | $52,123 |
| $600,000 | $22,498 | $2,498 | $70,498 |
| $750,000 | $28,935 | $8,935 | $88,935 |
| $1,000,000 | $40,185 | $20,185 | $120,185 |
| $1,500,000 | $62,685 | $42,685 | $182,685 |
The middle column is a way of reading the grant, not an official figure: duty is still assessed in full and the grant is paid separately. At $450,000 the grant is still larger than the duty; by $600,000 the duty has overtaken it.
The First Home Owner Grant
For transactions from 1 July 2026 to 30 June 2027, the grant is $20,000 on a new home. In 2025-26 it was $30,000. Building must be finished within 24 months and you must live in the home for six months within the first 12. Check what the grant does to your own numbers:
Grant on a new home in your state
First Home Owner Grant
$20,000
| Duty on this new first home | $24,623 |
| Duty minus grant | $4,623 |
| Duty rule | General scale: the established-home exemption ended for settlements after 30 June 2026 |
Foreign investor duty surcharge
A foreign person buying residential land pays the foreign investor duty surcharge, 8 % of the value, since 1 April 2020. Primary production land carries a much lower 1.5 %. The surcharge is added to the ordinary scale: on $1,000,000, $40,185 of duty plus $80,000 of surcharge.
Tasmania compared
For a repeat buyer at $600,000, Tasmania charges $22,498, against $26,830 in South Australia and $31,070 in Victoria. For a first home buyer it has become one of the most expensive places to buy since July, because every mainland state except South Australia and the Northern Territory still exempts an established first home below some threshold. The eight-state comparison puts your price in context.