Quick answer: Tasmanian transfer duty (stamp duty) on a $600,000 home is about $22,498, and on $700,000 about $26,748. The first home buyer exemption on established homes ended for settlements after 30 June 2026, and so did the off-the-plan concession. First home buyers of new homes can still get a $20,000 grant. Duty is due within three months of settlement.
Property transfer duty, usually called stamp duty, is the Tasmanian tax on buying property. The rates haven’t changed since 2013, but the concessions have: two big savings ended on 30 June 2026, so many first home buyers now pay full duty. Use the calculator below for your number, then read on for what changed.
Tasmania stamp duty calculator (2026–27)
Estimate on the State Revenue Office of Tasmania rates for transfers from 21 October 2013. Confirm with your conveyancer or the SRO Tasmania duty calculator.
Tasmanian property transfer duty rates
These rates apply to transfers from 21 October 2013. Each rate is per $100, or part of $100, of the value above the threshold.
| Dutiable value | Duty |
|---|---|
| $0 – $3,000 | $50 |
| $3,001 – $25,000 | $50 + $1.75 per $100 over $3,000 |
| $25,001 – $75,000 | $435 + $2.25 per $100 over $25,000 |
| $75,001 – $200,000 | $1,560 + $3.50 per $100 over $75,000 |
| $200,001 – $375,000 | $5,935 + $4.00 per $100 over $200,000 |
| $375,001 – $725,000 | $12,935 + $4.25 per $100 over $375,000 |
| Over $725,000 | $27,810 + $4.50 per $100 over $725,000 |
Source: SRO Tasmania, rates of duty. Checked 7 October 2026.
Working it out by hand
For a $600,000 purchase: the price falls in the $375,001–$725,000 band, so duty is $12,935 plus $4.25 for every $100 above $375,000. That is $12,935 + ($225,000 ÷ 100 × $4.25) = $12,935 + $9,562.50 = $22,497.50.
How much stamp duty at common prices in Tasmania
| Price | Duty | Share of price |
|---|---|---|
| $300,000 | $9,935 | 3.3% |
| $400,000 | $13,998 | 3.5% |
| $500,000 | $18,248 | 3.6% |
| $600,000 | $22,498 | 3.7% |
| $650,000 | $24,623 | 3.8% |
| $700,000 | $26,748 | 3.8% |
| $750,000 | $28,935 | 3.9% |
| $800,000 | $31,185 | 3.9% |
| $1,000,000 | $40,185 | 4.0% |
For most Hobart and Launceston homes between $400,000 and $800,000, duty works out at roughly 3.5% to 3.9% of the price. Home buyers, first home buyers and investors all pay these rates.
What changed on 1 July 2026
- First home buyer exemption on established homes: first home buyers paid no duty on an established home valued up to $750,000 if the transaction settled between 18 February 2024 and 30 June 2026. It is not available for transactions settling after 30 June 2026. On a $600,000 home, that means about $22,498 of duty that a buyer a few months earlier didn’t pay.
- Off-the-plan apartment or unit concession: the 50% concession is not available for agreements signed after 30 June 2026.
- First Home Owner Grant: for a new home, the grant is $20,000 for transactions starting from 1 July 2026 to 30 June 2027 (it was $30,000 in 2025–26). See our Tasmanian First Home Owner Grant guide.
So for a first home buyer in Tasmania today, a new home usually comes out well ahead: you pay the same duty either way, but only the new home attracts the $20,000 grant. The 5% Deposit Scheme also helps with the deposit, with Tasmanian price caps of $700,000 in Hobart and regional centres and $550,000 elsewhere. Our first home buyer hub compares every state.
Pensioner downsizing? Eligible pensioners who sell their home and downsize to a new home in Tasmania can still get a 50% duty concession. Details: SRO Tasmania, concessions and exemptions.
When stamp duty is paid in Tasmania
- Within three months: duty is payable within three months of the dutiable transaction, usually the date of settlement, and is paid by the purchaser. Your conveyancer normally pays it at settlement.
- From savings: lenders limit the loan to a share of the property’s value, so duty normally comes from your own funds on top of the deposit.
Foreign buyers and investors
- Foreign persons pay the foreign investor duty surcharge of 8% on residential property (1.5% on primary production land), on top of normal duty. On a $600,000 home that is $48,000 extra. See our guide to buying on a visa.
- Investors pay the same rates as everyone else.
Stamp duty in other states
On an $800,000 home bought by an investor, duty is about $30,187 in NSW, $43,070 in Victoria, $29,025 in Queensland, $32,316 in WA, $37,830 in SA, $31,185 in Tasmania, $25,150 in the ACT and $39,600 in the NT. Our stamp duty calculator covers every state and territory.
Stamp duty guides by state: NSW · VIC · QLD · WA · SA · TAS · ACT · NT
Stamp duty in Tasmania: common questions
How much is stamp duty on a $600,000 home in Tasmania?
About $22,498 (exactly $22,497.50), roughly 3.7% of the price. The same rates apply to home buyers and investors.
Do first home buyers pay stamp duty in Tasmania?
Yes, from 1 July 2026. The 100% duty exemption for first home buyers of established homes up to $750,000 only applied to transactions that settled by 30 June 2026. First home buyers of new homes can still get the $20,000 First Home Owner Grant.
What is the stamp duty rate in Tasmania?
Tasmania uses sliding rates from $1.75 to $4.50 per $100, unchanged since October 2013. For most homes between $400,000 and $800,000, the total works out at roughly 3.5% to 3.9% of the price.
When is stamp duty paid in Tasmania?
Within three months of the dutiable transaction, which is usually the settlement date. In practice your conveyancer pays it at settlement.
How much extra stamp duty do foreign buyers pay in Tasmania?
The foreign investor duty surcharge is 8% of the dutiable value for residential property (1.5% for primary production land), for agreements from 1 April 2020.
Is there still an off-the-plan duty concession in Tasmania?
No. The 50% off-the-plan apartment or unit concession isn’t available for agreements signed after 30 June 2026.
Budgeting it properly
Before you bid, write down your full “cash to complete”: deposit, duty (if any), legal or conveyancing fees, inspections, and the government fees to register the transfer and the mortgage. We map this with every client before they make an offer, and check every concession and grant they qualify for, so the duty line is accurate and often lower than expected.