Stamp Duty in Tasmania
Tasmania has moderate stamp duty rates with a progressive system from $1.75 to $4.50 per $100 (a flat $50 applies up to $3,000). Compared to the mainland capitals, Tasmanian stamp duty is relatively affordable, particularly at lower price points. The scale has not changed since 2013.
First Home Buyer Concessions — TAS
Tasmania's first home buyer duty exemption, which covered established homes up to $750,000, applied only to purchases that settled by 30 June 2026. It was not extended in the 2026–27 Budget, so Tasmanian first home buyers now pay full transfer duty. The Tasmanian First Home Owner Grant is $20,000 for new homes, for transactions between 1 July 2026 and 30 June 2027.
Additional Information
Tasmania charges an 8% Foreign Investor Duty Surcharge on residential property acquired by foreign persons (1.5% on primary production land), on top of standard duty. The ACT and the Northern Territory are the only jurisdictions with no foreign purchaser duty surcharge.
Property Market
On a $650,000–$700,000 home in Hobart, duty is roughly $24,600–$26,700, which first home buyers now pay in full.
Use our Stamp Duty Calculator to get an exact estimate, or check the First Home Buyer Calculator to see your total benefits including grants and concessions. For your exact liability, consult a licensed conveyancer or your state revenue office.