First Home Buyer Guide TAS 2025-26

Everything you need to know about buying your first home in Tasmania. Stamp duty concessions, grants, and savings strategies for TAS first home buyers.

Stamp Duty Threshold 50% discount Applies to all property values
FHOG Amount $30,000 For eligible new homes
FHOG Property Cap $600,000 Maximum property value for grant

What first home buyers get in TAS

  • 50% stamp duty discount for first home buyers (not a full exemption)
  • $30,000 First Home Owner Grant for new homes up to $600,000
  • The 50% duty discount applies regardless of property value
  • One of the most generous FHOGs in Australia alongside Queensland
  • FHSS scheme available to boost your deposit savings through super

Stamp duty comparison — first home buyer vs standard

See how much you could save on stamp duty as a first home buyer in Tasmania.

Property Price Standard Duty FHB Duty You Save
$400k $13,997.50 $0.00 $13,997.50
$500k $18,247.50 $0.00 $18,247.50
$600k $22,497.50 $0.00 $22,497.50
$700k $26,747.50 $0.00 $26,747.50
$800k $31,185.00 $31,185.00
$900k $35,685.00 $35,685.00
$1M $40,185.00 $40,185.00

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Frequently asked questions

How does Tasmania's 50% stamp duty discount work for first home buyers?

Unlike most other states that offer full exemptions below certain thresholds, Tasmania provides a 50% discount on stamp duty for all first home buyer purchases regardless of property value. This means you always pay half the standard duty rate, which can be significant for higher-value properties.

Can I get both the 50% duty discount and the $30,000 FHOG in Tasmania?

Yes, if you are buying or building a new home valued up to $600,000, you can receive both the 50% stamp duty discount and the $30,000 First Home Owner Grant. For existing homes, you still get the 50% duty discount but not the FHOG.

Is Tasmania's $30,000 grant permanent?

The $30,000 FHOG for new homes in Tasmania has been extended multiple times. Check the Tasmanian Government's website for the current end date, as the amount and availability can change with state budgets.