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TAS Stamp Duty Calculator

Calculate stamp duty in Tasmania. First home buyers may be exempt on properties up to $750,000.

Data stays on your deviceATO sourced data

Calculate stamp duty for property purchases in Tasmania. TAS has recently introduced a generous first home buyer exemption on properties up to $750,000.

  • First home buyers exempt on properties up to $750,000
  • A 50% discount applies between $750,000 and $1,000,000
  • Tasmania has some of the lowest overall stamp duty rates in Australia
  • The $30,000 First Home Owner Grant is one of the highest in the country

Disclaimer

This calculator provides estimates for general information purposes only. Results should not be relied upon as professional financial, tax, or legal advice. Tax rates and thresholds are based on publicly available ATO data and may change. Always consult a qualified tax agent or financial adviser for advice specific to your circumstances.

Frequently Asked Questions

How much is stamp duty on a $500,000 property in TAS?
On a $500,000 property in Tasmania, a standard buyer pays approximately $18,247 in stamp duty. Tasmania has relatively competitive stamp duty rates. First home buyers purchasing at $500,000 would be fully exempt from stamp duty, as TAS offers an exemption on properties up to $750,000.
Do first home buyers pay stamp duty in TAS?
First home buyers in Tasmania are fully exempt from stamp duty on properties valued up to $750,000 — one of the most generous thresholds in Australia. A 50% discount applies for properties between $750,000 and $1,000,000. Above $1,000,000, the standard rates apply. You must live in the property as your principal residence for at least 6 months within the first year of purchase.
What is the foreign buyer surcharge in TAS?
Tasmania does not currently charge a foreign buyer surcharge on residential property purchases. This makes Tasmania one of the few Australian states without additional duty for overseas buyers. However, foreign investment rules and FIRB approval requirements still apply to foreign purchasers of residential property in Tasmania.
When is stamp duty due in TAS?
In Tasmania, stamp duty must be paid within 3 months of the date of the transaction (typically the contract date). Your conveyancer or solicitor will lodge the documents and arrange payment to the State Revenue Office of Tasmania. Late payment incurs interest and penalty tax. Most buyers have duty paid at or before settlement.
Does TAS have a first home owner grant?
Yes, Tasmania offers a $30,000 First Home Owner Grant — the joint highest in Australia alongside Queensland. It applies to new homes valued at $750,000 or less. Combined with the stamp duty exemption (also up to $750,000), first home buyers in TAS can save over $45,000 in total on a new home purchase. Established homes are not eligible for the grant.

What is TAS Stamp Duty?

Stamp duty in Tasmania is a state tax on property purchases. Tasmania has recently introduced one of the most generous first home buyer exemptions in Australia, covering properties up to $750,000.

How this calculator works

This calculator applies the current State Revenue Office of Tasmania duty rates. Rates start at 1.75% for properties up to $3,000 and increase to 4.5% for properties over $725,000. First home buyer exemptions are applied automatically — full exemption up to $750,000, with a 50% discount between $750,000 and $1,000,000. Tasmania does not charge a foreign buyer surcharge, making it one of the most affordable states for overseas property buyers. Combined with the $30,000 First Home Owner Grant, first home buyers in TAS can save substantially.

All calculations are performed in your browser — your data never leaves your device. Results are for general guidance only and should not be considered professional financial advice.

Built and maintained by Konstantin Iakovlev. Data sourced from the ATO and official Australian government sources.