Tasmania stamp duty on any purchase price.
Tasmanian property transfer duty is a seven-band scale that starts at a $50 minimum and tops out at 4.5% above $725,000, and it has been unchanged since October 2013. The first home buyer duty exemption on established homes ended for settlements after 30 June 2026. This page sets out the Tasmanian rates as at October 2026, what the end of the exemption means, the foreign investor surcharge and two worked purchases.
Tasmania stamp duty rates (general / investment)
The 100% first home buyer exemption for established homes up to $750,000 ended for settlements after 30 June 2026. Foreign investors pay an additional duty surcharge.
The State Revenue Office charges duty on the greater of the unencumbered value and the purchase price, including chattels. The scale is $50 for values up to $3,000, then $50 plus $1.75 per $100 to $25,000, $435 plus $2.25 per $100 to $75,000, $1,560 plus $3.50 per $100 to $200,000, $5,935 plus $4 per $100 to $375,000, $12,935 plus $4.25 per $100 to $725,000, and $27,810 plus $4.50 per $100 above $725,000.
The top band starts at $725,000 and charges 4.5%, so a $1 million purchase is charged $27,810 plus 4.5% of the $275,000 above $725,000. Because the scale has not changed since October 2013, it is the same table whether you buy this month or next. There is no owner-occupier schedule, so a home buyer and an investor use the same table.
| Price bracket | Base duty | Rate |
|---|---|---|
| $0 to $3,000 | $50 | 0% of the amount over $0 |
| $3,000 to $25,000 | $50 | 1.75% of the amount over $3,000 |
| $25,000 to $75,000 | $435 | 2.25% of the amount over $25,000 |
| $75,000 to $200,000 | $1,560 | 3.5% of the amount over $75,000 |
| $200,000 to $375,000 | $5,935 | 4% of the amount over $200,000 |
| $375,000 to $725,000 | $12,935 | 4.25% of the amount over $375,000 |
| $725,000 to and above | $27,810 | 4.5% of the amount over $725,000 |
First home buyer stamp duty in Tasmania
Between 18 February 2024 and 30 June 2026, an eligible first home buyer of an established home with a dutiable value of $750,000 or less received a 100% exemption from property transfer duty. The State Revenue Office states that the exemption is not available for transactions settling after 30 June 2026, and it mentions no extension. Earlier 50% concessions applied at lower value caps between 2018 and February 2024.
That means a first home buyer settling today pays duty at the general scale, so this calculator no longer applies an exemption. Eligibility under the old scheme required a natural person aged 18 or over, an Australian citizen or permanent resident, who had never owned a home in Australia and had never received a first home owner grant or duty concession, and the home had to be occupied for a continuous six months starting within 12 months of purchase. The First Home Owner Grant for new homes is separate and reported to rise to $20,000 from 1 July 2026, subject to legislation, so confirm it with the State Revenue Office.
Concessions, pensioners and off-the-plan rules in Tasmania
Tasmania has no separate owner-occupier schedule and we found no off-the-plan duty concession on the State Revenue Office's pages. A pensioner duty concession exists and the Revenue Office lists other concessions and exemptions, but we have not verified the thresholds, so check the concessions page before assuming you qualify.
With the first home exemption gone, the practical question for a Hobart buyer is the size of the duty bill. A $450,000 home attracts about $16,000 of duty, and a $600,000 home about $22,500, as the worked examples below show. Include that cost in your deposit planning rather than assuming an exemption.
Foreign buyer surcharge in Tasmania
Foreign investors pay a Foreign Investor Duty Surcharge on top of ordinary duty. Published sources report the rate as 8% of the dutiable value, which is the figure this calculator applies, but we could not confirm it from the State Revenue Office's own page, so check the Foreign Investor Duty Surcharge page before relying on it. Foreign owners may also be liable for a land tax surcharge.
When Tasmania stamp duty is paid
Duty is payable within three months of the dutiable transaction, which is usually the date of settlement, and the payer is the buyer (the transferee). Where electronic conveyancing is used, duty is paid as part of the financial settlement through PEXA, so most buyers pay at settlement without a separate step. Otherwise follow the methods on your assessment notice.
Worked examples: Tasmania stamp duty step by step
Both examples use illustrative round prices, not market statistics, and are calculated from the same rates as the calculator above, as at October 2026. Check the revenue office for the latest figures before you rely on them.
Investment purchase at $600,000
An investor buys a $600,000 house in Hobart to rent out. This is an illustrative price, not a market statistic.
- The price sits in the $375,000 to $725,000 bracket: $12,935 + 4.25% × ($600,000 − $375,000) = $12,935 + $9,563 = $22,498.
- Duty payable: $22,498 (3.75% of the price).
Owner-occupier purchase at $450,000
A first home buyer settling after 30 June 2026 buys a $450,000 established home. With the exemption ended, the general scale applies.
- The price sits in the $375,000 to $725,000 bracket: $12,935 + 4.25% × ($450,000 − $375,000) = $12,935 + $3,188 = $16,123.
- Duty payable: $16,123 (3.58% of the price).
Stamp duty in other states
Rates, concessions and due dates differ sharply between jurisdictions. Compare Tasmania with the other state and territory calculators:
- Victoria stamp duty calculator
- New South Wales stamp duty calculator
- Queensland stamp duty calculator
- Western Australia stamp duty calculator
- South Australia stamp duty calculator
- Australian Capital Territory stamp duty calculator
- Northern Territory stamp duty calculator
Related tools and reading
- All InvestorJoint property calculators
- Hobart property investment in 2026
- Which property purchase costs are deductible
Frequently asked questions
Is the Tasmanian first home buyer stamp duty exemption still available?
The 100% exemption for established homes up to $750,000 applied to settlements from 18 February 2024 to 30 June 2026. The State Revenue Office says it is not available for transactions settling after 30 June 2026.
How much is the Tasmanian First Home Owner Grant?
The grant is separate from duty and is reported to be $20,000 for new homes from 1 July 2026, subject to legislation. Confirm the current amount with the State Revenue Office.
What is the minimum stamp duty in Tasmania?
The minimum is $50 for a dutiable value of up to $3,000, then $50 plus $1.75 per $100 to $25,000.
When must Tasmanian property transfer duty be paid?
Within three months of the dutiable transaction, which is usually the settlement date. The buyer pays, and with electronic conveyancing it is paid through PEXA as part of settlement.
Does Tasmania charge a foreign investor surcharge?
Yes, a Foreign Investor Duty Surcharge applies on top of ordinary duty. Sources report 8%, but confirm the rate on the State Revenue Office site.
Where do I confirm Tasmanian duty rates?
The State Revenue Office (sro.tas.gov.au) publishes the rates of duty and a duty calculator. Check it before settlement.
Do I pay stamp duty on the contract price or the valuation?
On the dutiable value, which is usually the contract price. If the market value is materially higher (for example a discounted sale to a family member), the revenue office can substitute the valuation. For arm's-length open-market purchases the contract price is the answer.
Is stamp duty tax deductible for an investment property?
Not as an immediate deduction. Stamp duty on an investment property is added to the property's cost base, which reduces the capital gain when you eventually sell. Stamp duty on your own home is never deductible. Ask your accountant about your own position.