- First home buyer, $700,000 established home
- $26,748
- Buying a $700,000 home to live in
- $26,748
- Investor buying at $700,000
- $26,748
Stamp duty calculator
Estimated stamp duty in Tasmania
$33,435
- General rates
- $33,435
Tasmania's first home buyer duty exemption for established homes ended for transfers settling after 30 June 2026, so standard duty applies.
Estimate from the Tasmania schedule checked 21 October 2026. Concessions have conditions (living in the home, previous ownership, citizenship); your conveyancer confirms the final amount. How TAS stamp duty works
Stamp duty comes out of the same savings as your deposit. See what you could borrow with it included.
How property transfer duty works in Tasmania
Tasmania charges the same property transfer duty whether you live in the home or rent it out.
Duty is charged per $100 or part of $100, so the amount above each threshold is rounded up to the next $100.
| Dutiable value | Duty |
|---|---|
| Up to $3,000 | $50 |
| $3,001 to $25,000 | $50 plus $1.75 for every $100, or part, over $3,000 |
| $25,001 to $75,000 | $435 plus $2.25 for every $100, or part, over $25,000 |
| $75,001 to $200,000 | $1,560 plus $3.50 for every $100, or part, over $75,000 |
| $200,001 to $375,000 | $5,935 plus $4.00 for every $100, or part, over $200,000 |
| $375,001 to $725,000 | $12,935 plus $4.25 for every $100, or part, over $375,000 |
| Over $725,000 | $27,810 plus $4.50 for every $100, or part, over $725,000 |
What it costs at different prices
| Price | First home buyer (established home) | First home buyer (new home) | Buying a home to live in | Investor |
|---|---|---|---|---|
| $400,000 | $13,998 | $13,998 | $13,998 | $13,998 |
| $500,000 | $18,248 | $18,248 | $18,248 | $18,248 |
| $600,000 | $22,498 | $22,498 | $22,498 | $22,498 |
| $700,000 | $26,748 | $26,748 | $26,748 | $26,748 |
| $800,000 | $31,185 | $31,185 | $31,185 | $31,185 |
| $1,000,000 | $40,185 | $40,185 | $40,185 | $40,185 |
First home buyers
Tasmania's first home buyer duty exemption for established homes ended on 30 June 2026. For transfers settling after that date, first home buyers pay standard duty, so this is one of the bigger changes buyers need to plan for.
The temporary 50% duty concession on off the plan apartments and units also ended for agreements signed after 30 June 2026.
Tasmania's First Home Owner Grant may pay $20,000 toward a new home for transactions that commence between 1 July 2026 and 30 June 2027, with building requirements for the higher payment.
The Australian Government 5% Deposit Scheme lets first home buyers purchase with a 5% deposit and no lenders mortgage insurance, up to $700,000 in Hobart and regional centres, or $550,000 elsewhere in the state. See first home buyers in Tasmania for every scheme in one place.
New homes, off the plan, house and land and vacant land
With no first home duty relief, the main help for first home buyers in Tasmania is the First Home Owner Grant on new homes. On land bought separately from a building contract, duty is assessed on the land only.
Foreign buyers
Foreign purchasers of residential property pay a foreign investor duty surcharge of 8%.
When stamp duty is paid
Your conveyancer usually lodges and pays duty from your funds at settlement. The State Revenue Office sets the legal deadline.
Stamp duty usually comes out of the same savings as your deposit, which is why it changes what you can buy: every dollar of duty is a dollar that isn't reducing your loan. Lenders don't lend for duty itself, so it has to be covered by cash or equity.
Common questions
How much is stamp duty on a $700,000 home in Tasmania?
For someone buying a home to live in, about $26,748. An investor pays about $26,748, and an eligible first home buyer buying an established home pays about $26,748. These are calculated from the current State Revenue Office of Tasmania schedule.
Do first home buyers pay stamp duty in Tasmania?
Tasmania's first home buyer duty exemption for established homes ended on 30 June 2026. For transfers settling after that date, first home buyers pay standard duty, so this is one of the bigger changes buyers need to plan for.
Is stamp duty charged on a house and land package in Tasmania?
With no first home duty relief, the main help for first home buyers in Tasmania is the First Home Owner Grant on new homes. On land bought separately from a building contract, duty is assessed on the land only.
Can I add stamp duty to my home loan?
Lenders lend against the property, not the duty, so duty normally has to come from your own savings or from equity in a property you already own. Some buyers use equity in an existing home, or a family guarantee, to cover it. Joshua can show you how that would work for your situation.
Sources
- SRO Tasmania: rates of duty, checked 21 October 2026
- SRO Tasmania: concessions and exemptions, checked 21 October 2026
- SRO Tasmania: foreign investor duty surcharge rates, checked 21 October 2026
- firsthomebuyers.gov.au: 5% Deposit Scheme property price caps, checked 21 October 2026
- SRO Tasmania: First Home Owner Grant eligibility, checked 21 October 2026
General information only, not credit advice. It doesn’t take your objectives, financial situation or needs into account. Rules and figures change; check them, or talk to Joshua, before you rely on them.