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Guide · Stamp Duty · TAS

Tasmanian transfer duty — exactly how it works.

Tasmania's 100% duty waiver for first-home buyers on established homes (to $750,000) has run since February 2024 but is scheduled to close on 30 June 2026 — from 1 July 2026 first home buyers of established homes pay the standard schedule. Here's the full schedule, the concessions that remain, and a worked example on a Hobart purchase.

Reviewed · Adam King — 30 years in finance, Sunshine Coast

_Stamp duty schedules current as of May 2026 — confirm with [SRO Tasmania](https://www.sro.tas.gov.au) before relying on a figure._

How TAS calculates it

Tasmania levies transfer duty (informally 'stamp duty') on the dutiable value of property — the contract price or market value, whichever is higher. The schedule is progressive: a base duty at the floor of each band plus a marginal rate on the portion above. The State Revenue Office of Tasmania (SRO Tas) administers and publishes the schedule. The schedule has been broadly stable for several years, though it sits review periodically. Indicative figures below are current as at 2026-05 and should be confirmed against sro.tas.gov.au before contract — particularly on purchases over $750K where the marginal rate is highest.

TAS transfer duty — standard schedule (indicative)

Dutiable valueDuty
$0 – $3,000$50 (minimum)
$3,001 – $25,000$50 + 1.75% over $3,000
$25,001 – $75,000$435 + 2.25% over $25,000
$75,001 – $200,000$1,560 + 3.50% over $75,000
$200,001 – $375,000$5,935 + 4.00% over $200,000
$375,001 – $725,000$12,935 + 4.25% over $375,000
Over $725,000$27,810 + 4.50% over $725,000

Indicative TAS transfer duty as at 2026-05. Source: State Revenue Office of Tasmania (sro.tas.gov.au). Schedule subject to confirmation with SRO Tas — the top marginal rate of approximately 4.5% applies above ~$725K.

TAS at a glance

  • Top marginal rate

    ~4.5%

    Indicative — applies to the portion of dutiable value above ~$725,000

  • FHB established-home duty waiver

    Closing

    The 100% duty waiver on established homes up to $750K is scheduled to close on 30 June 2026 — not extended in the 2026–27 Budget (confirm with SRO Tas)

  • Duty for FHBs from 1 July 2026

    Standard

    From 1 July 2026 first home buyers of established homes pay the standard transfer duty schedule; new-build buyers may claim the First Home Owner Grant cash payment

  • Foreign investor land tax surcharge

    8%

    Approximate — applies to foreign-owned residential land in addition to standard land tax

Worked example — $550K purchase, Glenorchy

Take a first-home buyer purchasing an established three-bedroom home in Glenorchy for $550,000 — a typical greater-Hobart price point for a first purchase. Standard duty (indicative): the $550K dutiable value sits in the $375K–$725K bracket. Base duty $12,935 plus 4.25% of the portion above $375K ($175,000), which is $7,437.50. Total approximately $20,372.50, subject to confirmation with SRO Tas. What changes on 1 July 2026: the 100% first home buyer waiver on established homes (to $750K) applies only to transfers settling on or before 30 June 2026 and was not extended. For a first home buyer of an established home settling from 1 July 2026, the standard duty above (approximately $20,372.50) becomes payable — there is no residual first-home duty concession on established homes. (A first home buyer who settles a qualifying purchase on or before 30 June 2026 still has duty reduced to $0.) Net cash at settlement: the buyer needs the deposit, the ~$20,000 of duty, lender fees, conveyancing (~$1,500–$2,500), and a small SRO transfer registration fee (a few hundred dollars). On a 90% LVR loan, that's a $55,000 deposit plus the duty and ~$3,000 of settlement-side costs, against ~$10,000–$12,000 of LMI capitalised into the loan. Once the waiver closes, that ~$20,000 of duty has to be funded from savings — which for many buyers means a higher LVR (and more LMI) or a longer savings runway. A first home buyer building or buying a brand-new home may instead access the First Home Owner Grant cash payment (a grant, not a duty exemption) — confirm the current amount with SRO Tas.

First home buyer duty waiver

Established-home duty waiver *closing* 30 June 2026.

TAS's 100% first home buyer duty waiver on established homes (to $750,000) has run since February 2024 but is scheduled to close on 30 June 2026 — it was not extended in the 2026–27 State Budget and applies only to transfers settling on or before that date. From 1 July 2026, first home buyers of established homes pay the standard transfer duty, with no first-home duty concession (a buyer who settled a qualifying purchase on or before 30 June 2026 still had duty reduced to $0). First home buyers building or buying a brand-new home may still claim the First Home Owner Grant cash payment. Confirm current settings with [sro.tas.gov.au](https://www.sro.tas.gov.au).

Pensioner duty concession

Tasmania ran a 50% pensioner downsizing duty concession for eligible cardholders aged 60+ who sold a former Tasmanian home and bought a smaller one — but it is effectively closed to new transactions. As published, both the sale of the former home and the purchase of the new home had to transfer on or before 30 June 2025, and the concession was not extended in the 2025–26 Budget, so it is not available for current purchases unless the State Revenue Office of Tasmania revives it. Confirm the current status with SRO Tas before relying on it. If you settled a qualifying downsizing purchase on or before 30 June 2025 you may still be eligible and should contact SRO Tas; for blended-family or trust-owned arrangements your solicitor should confirm eligibility.

Other TAS provisions

  • First Home Owner Grant: A $10,000 cash grant (indicative — subject to confirmation with SRO Tas) for first-home buyers building or buying a new home. Separate from the duty concession — eligible buyers can receive both.
  • Foreign Investor Duty Surcharge (FIDS): An 8% surcharge on residential transfer duty for foreign buyers (in place since 1 April 2020), plus 1.5% on primary production land. A separate foreign land tax surcharge also applies to foreign-owned residential land. Confirm current rates with SRO Tas.
  • Off-the-plan: Tasmania's 50% off-the-plan apartment/unit duty concession (new apartment or unit, off-the-plan or under construction, dutiable value $750,000 or less, open to all buyers) is scheduled to close to new agreements on 30 June 2026 — it applies to agreements for sale entered into between 1 July 2024 and 30 June 2026, so from 1 July 2026 duty is calculated on the full contract price for new off-the-plan agreements. Confirm the current status with SRO Tas before relying on it.
  • Spousal transfers: Transfers of the principal residence between spouses are generally exempt — useful in estate planning or relationship structuring.
  • Family farm transfers: Specific exemptions apply for genuine intergenerational transfers of primary production land. Your solicitor will walk through the requirements.

When you pay and how

Transfer duty in Tasmania is generally payable within three months of the contract date, or before settlement and title transfer — whichever is sooner. In practice your solicitor or conveyancer assesses duty through SRO Tas's lodgement system, you fund the payment a few days before settlement, and the payment is remitted on or just before settlement day. The title can't register at the Land Titles Office until duty is paid. For first-home buyers claiming the concession, the relevant declaration is lodged with the transfer documents at settlement — you don't pay then claim back. Provided documentation is in order and SRO Tas's checks clear, duty is assessed at $0 and the title transfers cleanly. Where a buyer becomes ineligible after settlement (for example, doesn't move in within 12 months or moves out before six months are up), SRO Tas can reassess duty and seek the amount that would have been payable. Don't claim the concession unless you genuinely intend to occupy as principal residence.

How TAS compares

Against the eastern states, TAS sits in a useful middle: the top marginal rate (~4.5%) is broadly comparable to QLD and slightly below NSW's premium tier; and TAS applies an 8% foreign investor duty surcharge on residential purchases (alongside a foreign land tax surcharge) — in line with VIC and QLD at 8%, with NSW higher at 9% from 1 January 2025. On the first-home front, while it ran the established-home duty waiver (to $750K) was among the most generous in Australia after QLD's $700K existing / $800K new-build tiers — but that waiver is scheduled to close on 30 June 2026, so from 1 July 2026 first home buyers of established homes in TAS pay the standard transfer duty with no first-home duty concession (a buyer who settles a qualifying purchase on or before 30 June 2026 still receives the $0-duty outcome; confirm current settings with SRO Tas). For mainland buyers considering an investment property or relocation, the cash-at-settlement number is meaningfully lower in TAS than in NSW or VIC at comparable price points — but it's worth modelling annual land tax and the foreign investor surcharge alongside, particularly for trust-owned or non-resident-owned purchases. For broader buyer-side context, [moneysmart.gov.au](https://moneysmart.gov.au) has solid neutral coverage of upfront purchase costs.

Questions you might have

The honest answers.

Real numbers · honest answers

TAS duty — modelled into your *whole* picture.

Hobart, Launceston, Devonport, regional Tasmania — we cover the state from our Sunshine Coast base. Twenty-minute discovery call to confirm concession eligibility and structure.

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General information only — not personal credit advice. Rates and figures shown are indicative and subject to confirmation against current lender pricing and policy.