Stamp Duty TAS — Rates, Calculator and Concessions (2026)
Tasmania imposes stamp duty (called “duty” or “conveyance duty”) on property purchases. Tasmania has among the lower property prices of Australian states, and first home buyers receive a 50% concession on stamp duty — a straightforward and consistent benefit across all property price points.
TAS Stamp Duty Rates (2026)
| Property Value | Duty Calculation |
|---|---|
| $0–$3,000 | $50 |
| $3,001–$25,000 | $50 + $1.75 per $100 over $3,000 |
| $25,001–$75,000 | $435 + $2.25 per $100 over $25,000 |
| $75,001–$200,000 | $1,560 + $3.50 per $100 over $75,000 |
| $200,001–$375,000 | $5,935 + $4.00 per $100 over $200,000 |
| $375,001–$725,000 | $12,935 + $4.25 per $100 over $375,000 |
| Over $725,000 | $27,810 + $4.50 per $100 over $725,000 |
Verify with the Tasmanian State Revenue Office (sro.tas.gov.au).
TAS Stamp Duty at Key Price Points
| Purchase Price | Standard Duty | 50% FHB Concession |
|---|---|---|
| $200,000 | ~$5,935 | ~$2,968 |
| $300,000 | ~$9,935 | ~$4,968 |
| $400,000 | ~$13,997 | ~$6,999 |
| $500,000 | ~$18,247 | ~$9,124 |
| $600,000 | ~$22,497 | ~$11,249 |
| $700,000 | ~$26,747 | ~$13,374 |
| $800,000 | ~$32,247 | ~$16,124 |
How to Calculate TAS Stamp Duty — Worked Example
Purchase price: $450,000 (standard rate)
Step 1: Bracket is $375,001–$725,000 Step 2: $12,935 + 4.25% × ($450,000 − $375,000) = $12,935 + 4.25% × $75,000 = $12,935 + $3,188 = $16,123
First home buyer at $450,000: $16,123 × 50% = $8,062
TAS First Home Buyer — 50% Duty Concession
Unlike the large-state FHB exemptions (which apply only under certain price thresholds), Tasmania offers a flat 50% reduction in stamp duty for all eligible first home buyers, regardless of purchase price.
Key features:
- Applies to all purchases — new and established homes
- No price cap — the 50% concession applies at all price points
- Eligibility requires owner-occupation within 12 months and for at least 12 continuous months
Eligibility conditions:
- Australian citizen or permanent resident
- Never previously owned residential property in Australia (or relevant interest)
- Must intend to occupy as principal place of residence within 12 months of transfer
- Must live there for at least 12 continuous months
| Purchase Price | Standard Duty | After 50% FHB Concession | Saving |
|---|---|---|---|
| $350,000 | ~$11,935 | ~$5,968 | ~$5,968 |
| $400,000 | ~$13,997 | ~$6,999 | ~$6,999 |
| $500,000 | ~$18,247 | ~$9,124 | ~$9,124 |
| $600,000 | ~$22,497 | ~$11,249 | ~$11,249 |
Tasmania FHOG — First Home Owner Grant
In addition to the 50% stamp duty concession, eligible first home buyers purchasing a new home in Tasmania may receive a $30,000 First Home Owner Grant (FHOG).
| Scenario | FHOG | 50% Stamp Duty Concession | Combined Saving |
|---|---|---|---|
| $400,000 new build | $30,000 | ~$6,999 saved | ~$36,999 total support |
| $500,000 new build | $30,000 | ~$9,124 saved | ~$39,124 total support |
When Is TAS Stamp Duty Due?
- Duty is typically assessed and paid at settlement
- Your solicitor or conveyancer manages the lodgement with Revenue Tasmania via the Land Titles Office
- Electronic settlement via PEXA is standard for residential conveyances
TAS Foreign Purchaser Surcharge
Tasmania has introduced additional considerations for foreign purchasers. Verify current surcharge rates with the Tasmanian State Revenue Office as policies around foreign purchaser duty in Tasmania have been subject to review.
TAS Short-Stay Accommodation Considerations
Tasmania has seen significant discussion around short-stay accommodation (Airbnb) and its impact on housing supply. Local councils and state government policies around short-stay accommodation may affect your intended use — verify with council if intending to rent your property short-term.
Frequently Asked Questions
What is stamp duty on a $500,000 home in Tasmania? Standard rate: approximately $18,247. With the 50% first home buyer concession: approximately $9,124.
Does Tasmania have a full stamp duty exemption for first home buyers? No — Tasmania offers a 50% concession (not full exemption). This applies at all price points with no cap.
Can I get both the 50% FHB stamp duty concession and the FHOG in Tasmania? Yes — eligible first home buyers purchasing a new home can receive both the $30,000 FHOG and the 50% stamp duty concession.
Is TAS stamp duty cheaper than the mainland? At equivalent price points, TAS standard rates are broadly comparable to NSW and QLD. However, Tasmania’s lower average property prices mean the absolute stamp duty is generally lower for typical Hobart purchases compared to Sydney or Melbourne equivalents.
Related Guides
- Stamp Duty Calculator Australia
- Stamp Duty Australia — All States
- How to Reduce Stamp Duty
- Stamp Duty Comparison Table
- Stamp Duty Hub
This article provides general information about Tasmania stamp duty. Rates, thresholds and concession conditions are set by the Tasmanian government and change regularly. Always verify with the Tasmanian State Revenue Office (sro.tas.gov.au) or your solicitor before purchasing. For advice tailored to your situation, speak with a licensed mortgage broker or financial adviser. Find one through MoneySmart.