First Home Owner Grant in Tasmania (TAS), $20,000

Tasmania's First Home Owner Grant is $20,000 for eligible new-home transactions from 1 July 2026 to 30 June 2027. Check eligibility, timing, MyHome, and how to apply.

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Definition
Tasmania First Home Owner Grant

The Tasmania First Home Owner Grant is $20,000 for eligible first home buyers. New homes only, includes new builds, off-the-plan purchases, and owner-builder homes.

Quick Facts

Grant Amount$20,000
Property Value CapNo FHOG property-value cap is listed by the Tasmanian SRO; transaction and completion rules apply
New or ExistingNew homes only, includes new builds, off-the-plan purchases, and owner-builder homes. Does not apply to established homes.
Residency RequirementMust live in the property as your principal place of residence for a continuous period of at least 6 months, commencing within 12 months of settlement or completion
LegislationFirst Home Owner Grant Act 2000 (TAS)
How to ApplyApply through the State Revenue Office Tasmania or through your lender at the time of settlement.

Eligibility Criteria

To qualify for the First Home Owner Grant in Tasmania, you must meet all of the following criteria:

AgeMust be at least 18 years old
CitizenshipAustralian citizen or permanent resident (at least one applicant)
Previous OwnershipMust not have previously owned residential property in Australia
OccupancyMust live in the property as your principal place of residence for a continuous period of at least 6 months, commencing within 12 months of completion

How to Apply

Apply through the State Revenue Office Tasmania or through your lender at the time of settlement.

Tip: Most lenders and mortgage brokers can process the FHOG application on your behalf at the time of settlement. The grant amount is typically credited at settlement, reducing the funds you need to bring to the table.

Other Schemes You Can Combine

First home buyers in Tasmania may also be eligible for these concurrent programs:

  • The former established-home duty exemption ended on 30 June 2026; check the SRO for any current transaction-specific relief
  • Tasmanian Government MyHome shared equity scheme
  • Australian Government 5% Deposit Scheme (formerly Home Guarantee Scheme), purchase with 5% deposit without LMI
  • First Home Super Saver Scheme (federal), withdraw voluntary super contributions for your deposit

Frequently Asked Questions, TAS First Home Owner Grant

Tasmania's First Home Owner Grant is $20,000 for eligible transactions commencing from 1 July 2026 to 30 June 2027. It applies to qualifying new builds, off-the-plan purchases, and owner-builder homes; the former $750,000 figure related to duty relief, not the FHOG value cap.

The 100% duty exemption for eligible established homes up to $750,000 ended on 30 June 2026 and is not available for later settlements. The separate FHOG is $20,000 for eligible new-home transactions commencing between 1 July 2026 and 30 June 2027.

No. Tasmania's First Home Owner Grant only applies to eligible new homes. The former established-home duty exemption ended on 30 June 2026, so confirm current duty and relief directly with the Tasmanian SRO before budgeting.

MyHome is a Tasmanian Government shared equity scheme where the government contributes up to 40% of the purchase price for new homes or 30% for established homes. Eligible buyers pay a reduced deposit and lower mortgage repayments. The government holds equity in the property and is repaid when the property is sold.

FHOG in Other States

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