THE BUYERS GRAILTasmania · Stamp duty
Stamp duty in Tasmania
Property transfer duty in Tasmania: the sliding scale, the first-home exemption that ended on 30 June 2026, the pensioner concession and how to check it.
Status: The three upper duty bands and the end of the first-home exemption on 30 June 2026 come from State Revenue Office Tasmania search results and are still to be opened on the pages themselves. The bands below $200,000, any replacement first-home relief and the current status of the pensioner downsizing concession were not seen at all.
In Tasmania stamp duty is called property transfer duty, and the State Revenue Office Tasmania (SRO) collects it under the Duties Act 2001. It is the largest cost of buying after the price itself, and since 1 July 2026 it has applied in full to first-home buyers of established homes. The table below is computed from Tasmania's bands by the same code as the stamp duty calculator, so the two cannot disagree.
How duty is worked out in Tasmania
Duty is charged on the dutiable value on a sliding scale: the higher the value, the higher the rate. SRO publishes each band as a fixed sum plus a rate on every $100, or part of $100, above the band's floor. Between $200,001 and $375,000 the rate on the excess is $4 per $100. Between $375,001 and $725,000 it is $4.25 per $100 above $375,000. Above $725,000 it is $4.50 per $100 above $725,000.
The table is not indexed each year. SRO states that the current rates apply to transfers on or after 21 October 2013. The bands below $200,000 step up in smaller increments; they were not seen in the search results, and the calculator carries them from the FY2025-26 schedule.
Dutiable value is normally the price. SRO's duty fact sheet ties the unencumbered value to the figure last determined by the Valuer-General, multiplied by an adjustment factor for the municipality. Both are available through the Land Information System Tasmania (LIST). SRO offers a duty calculator on its resources page. No general principal-place-of-residence concession appeared in the research.
First home buyers
Tasmania's first-home duty relief has ended. For eligible first-home buyers of an established home with a dutiable value of $750,000 or less, SRO applied a 100 per cent duty exemption. It covered purchases and transfers that completed between 18 February 2024 and 30 June 2026 inclusive. The test was the completion date, not the contract date. SRO's page states that the exemption is not available for transactions settling after 30 June 2026.
Whether anything replaced it from 1 July 2026 was not confirmed from this environment. The SRO first-home page and its 2024 election measures fact sheet are the pages to open. Until SRO publishes a replacement, the calculator applies no first-home relief in Tasmania.
The eligibility tests SRO set for the exemption are on record. At least one applicant had to be an Australian citizen or permanent resident. No applicant could have previously owned a home in Australia. None could have received a First Home Owner Grant, or a duty concession or exemption, in any state or territory before.
There is no first-home concession on a new home. The off-the-plan apartment or unit concession, open to any eligible buyer, was a 50 per cent reduction on a new apartment or unit bought off the plan or under construction for up to $750,000; it covered agreements dated 1 July 2024 to 30 June 2026 and is not available for agreements signed after that. SRO's house-and-land fact sheet explains how duty is assessed on a package, not a concession. Vacant land gets no relief: SRO's concessions page says a duty concession requires an established home, which cannot be vacant land.
Duty at a glance
| Price | Standard duty | Effective rate | First home, established | First home, new |
|---|---|---|---|---|
| $400,000 | $13,998 | 3.5% | $13,998 | $13,998 |
| $500,000 | $18,248 | 3.65% | $18,248 | $18,248 |
| $600,000 | $22,498 | 3.75% | $22,498 | $22,498 |
| $700,000 | $26,748 | 3.82% | $26,748 | $26,748 |
| $800,000 | $31,185 | 3.9% | $31,185 | $31,185 |
| $900,000 | $35,685 | 3.97% | $35,685 | $35,685 |
| $1,000,000 | $40,185 | 4.02% | $40,185 | $40,185 |
| $1,200,000 | $49,185 | 4.1% | $49,185 | $49,185 |
| $1,500,000 | $62,685 | 4.18% | $62,685 | $62,685 |
State/territory transfer-duty rate bands — NSW on the 2026–27 scale (the tiers from $387,000 and premium duty read on Revenue NSW 15 Sep 2026; the three tiers below reconstructed from the published base amount), VIC and SA schedules verified against the revenue office 15 Sep 2026, NT top rates per the Territory Revenue Office 15 Sep 2026, ACT first band from 1 Jul 2025 with the upper bands unverified; first-home-buyer concessions as published for 2026–27 (checked 6 Sep 2026). First-home-buyer figures assume you meet the relevant eligibility conditions, which the report does not verify: you (and any co-buyer) are an individual who has not previously owned property in Australia, you are an Australian citizen or permanent resident, you intend to move in and live there for the required period, and you meet any state price, contract-date, residency or income tests that apply. Confirm eligibility with the relevant state revenue office before relying on these figures. Where a concession phases out between two thresholds the calculator approximates it as a straight line; the revenue office calculator applies the statutory formula.
Reading the table for Tasmania: the effective rate climbs steadily. Each band charges its higher rate only on the slice above its floor, at $375,000 and again at $725,000. The two first-home columns match the standard column because no relief is coded after 30 June 2026.
Other concessions and surcharges
The pensioners downsizing to a new home duty concession is a 50 per cent reduction. It is for eligible pensioners who sell their former Tasmanian home and buy a cheaper one in Tasmania. On the indexed SRO page, the new home needed a dutiable value of $600,000 or less for purchases from 1 January 2022 to 30 June 2025. The sale of the former home had to complete between 10 February 2018 and 30 June 2025, and the purchase within six months either side of it. Six months' residence in the former home was required, and the concession could be used once.
Whether the concession was extended past 30 June 2025, and on what terms, was not confirmed; open the SRO page before counting on it. A foreign purchaser surcharge was outside the research for this page.
What the figure leaves out
Duty is one government charge among several. Registration of the transfer and of any mortgage at the Land Titles Office sits on top of it. So do the conveyancing fee and a building and pest inspection. The calculator adds an indicative allowance for conveyancing and inspections. Land tax is an annual charge on some property and not part of a purchase-cost figure. A grant or deposit scheme does not reduce duty; see the grants and schemes page.
Checking the figure
SRO's own calculator on its resources page applies the statutory formula. The library's stamp duty calculator set to Tasmania applies the same bands as the table above and adds the purchase-cost allowance. A conveyancer confirms the exact figure before settlement. The Property Decision Report includes duty in its purchase-cost figure for the one property it covers.
Sources
- State Revenue Office Tasmania, rates of duty — checked 6 September 2026. Snippet-verified from this build environment; the bands from $200,001 upward and the 21 October 2013 start date are marked confirmed in the research notes. Open for the lower bands before the page is indexed.
- State Revenue Office Tasmania, first home buyers of established homes duty relief — checked 6 September 2026. Snippet-verified from this build environment; the exemption to $750,000 for transfers completing 18 February 2024 to 30 June 2026, and its eligibility tests, are marked confirmed in the research notes. Open before the page is indexed.
- State Revenue Office Tasmania, duty on transfers of dutiable property (fact sheet DUT0026) — checked 6 September 2026. Snippet-verified from this build environment; the sliding scale and the dutiable-value basis. Open before the page is indexed.
- State Revenue Office Tasmania, resources (duty calculator) — checked 6 September 2026. Snippet-verified from this build environment that a duty calculator is offered here. Open before the page is indexed.
- State Revenue Office Tasmania, pensioners downsizing to a new home duty concession — checked 6 September 2026. Snippet-verified from this build environment as the text of the indexed page, whose window closed on 30 June 2025. Whether it was extended is still to be opened.
- State Revenue Office Tasmania, first home buyers — checked 6 September 2026. Not seen in any snippet on the point that matters here, a successor to the exemption. Open before the page is indexed.
- State Revenue Office Tasmania, exemptions and concessions (Tasmanian Revenue Online) — checked 6 September 2026. Not seen in any snippet; the off-the-plan and house-and-land fact sheets sit here. Open before the page is indexed.
Last updated 16 September 2026 · awaiting review.
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