How much is stamp duty on a $500,000 property in Tasmania?

On a $500,000 property in Tasmania, stamp duty is approximately $18,248. This is calculated as $12,935 base + 4.25% on the amount over $375,000 ($125,000 × 4.25% = $5,312.50), totalling approximately $18,248. First home buyers are fully exempt from stamp duty on properties up to $750,000 (until 30 June 2026).

Do first home buyers pay stamp duty in Tasmania?

First home buyers in Tasmania receive a full stamp duty exemption on properties up to $750,000 (upgraded from a 50% concession in February 2024, running until 30 June 2026). Combined with the $30,000 FHOG for new homes, Tasmania is one of the most generous states for first home buyers.

How is stamp duty calculated in Tasmania?

Tasmanian stamp duty uses seven progressive brackets. The minimum duty is $50 for properties up to $3,000. Rates increase from 1.75% through to 4.5% on amounts above $725,000. Each bracket applies only to the portion within that range.

How much is stamp duty on a $500,000 property in Tasmania?

On a $500,000 property in Tasmania, stamp duty is approximately $18,248. This is calculated as $12,935 base + 4.25% on the amount over $375,000 ($125,000 × 4.25% = $5,312.50), totalling approximately $18,248. First home buyers are fully exempt from stamp duty on properties up to $750,000 (until 30 June 2026).

Do first home buyers pay stamp duty in Tasmania?

First home buyers in Tasmania receive a full stamp duty exemption on properties up to $750,000 (upgraded from a 50% concession in February 2024, running until 30 June 2026). Combined with the $30,000 FHOG for new homes, Tasmania is one of the most generous states for first home buyers.

How is stamp duty calculated in Tasmania?

Tasmanian stamp duty uses seven progressive brackets. The minimum duty is $50 for properties up to $3,000. Rates increase from 1.75% through to 4.5% on amounts above $725,000. Each bracket applies only to the portion within that range.

Stamp Duty in Tasmania (TAS) — Rates & Exemptions 2026

Tasmania stamp duty rates, brackets, and first home buyer exemptions for 2026. Full exemption up to $750,000 (until June 2026) plus $30,000 FHOG for new builds. Calculate TAS stamp duty.

Definition

Tasmania Stamp Duty

Stamp duty (transfer duty) in Tasmania is a state government tax paid when you purchase property. Tasmania offers a First Home Owner Grant of $30,000 for new homes.

Quick Facts

FHB Exemption	Full stamp duty exemption for first home buyers on properties up to $750,000 (effective February 2024, running until 30 June 2026). Full exemption also applies for new builds
FHB Threshold	$750,000 (full exemption, until 30 June 2026)
Foreign Surcharge	8% additional duty for foreign buyers
Key Notes	Tasmania offers a First Home Owner Grant of $30,000 for new homes.

TAS Stamp Duty Rate Brackets

The following table shows the current stamp duty brackets for property purchases in Tasmania.

Property Value	Rate / Duty
$0 — $3,000	$50
$3,001 — $25,000	$50 + 1.75% over $3,000
$25,001 — $75,000	$435 + 2.25% over $25,000
$75,001 — $200,000	$1,560 + 3.5% over $75,000
$200,001 — $375,000	$5,935 + 4% over $200,000
$375,001 — $725,000	$12,935 + 4.25% over $375,000
Over $725,001	$27,810 + 4.5% over $725,000

First Home Buyer Concessions

Full stamp duty exemption for first home buyers on properties up to $750,000 (effective February 2024, running until 30 June 2026). Full exemption also applies for new builds

The threshold for first home buyer stamp duty concessions in Tasmania is: $750,000 (full exemption, until 30 June 2026). Check with your state revenue office for the latest eligibility criteria and application process.

Foreign Buyer Surcharge

8% additional duty for foreign buyers. This surcharge is applied in addition to the standard stamp duty rates shown above. Foreign buyers should factor this additional cost into their purchasing budget.

Tip: Use our Stamp Duty Calculator to get an instant estimate of your stamp duty in Tasmania, including first home buyer concessions and foreign buyer surcharges.

Frequently Asked Questions — TAS Stamp Duty

Stamp Duty in Other States

NSW— New VIC— Victoria QLD— Queensland WA— Western SA— South ACT— Australian NT— Northern

Read the full guide: Stamp Duty Exemptions for First Home Buyers

Related Resources

Stamp Duty Calculator — Calculate your stamp duty including first home buyer concessions.
Stamp Duty Exemptions for First Home Buyers — State-by-state breakdown of available exemptions and concessions.
First Home Owner Grant Tasmania — Learn about the FHOG and other grants in TAS.
Borrowing Capacity Calculator — Estimate how much you can borrow based on your income and expenses.

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Last updated: March 2026. Verify all figures with your state or territory revenue office before making financial decisions.