Stamp duty in Tasmania: how property transfer duty works
In Tasmania, stamp duty is officially called property transfer duty. It is the same thing, and for most buyers it is the single largest cost of a purchase. Tasmania uses one rate scale for every buyer, with no separate lower rate for owner-occupiers and, as at 2026, no discount at all for first home buyers. This guide sets out the full scale, a calculator, and exactly why the first home buyer concession that used to exist is gone.
What property transfer duty is
Property transfer duty is a Tasmanian Government tax on the transfer of property, administered by the State Revenue Office Tasmania. Most people call it stamp duty, and the two terms mean the same tax. It applies when you buy a house, unit or vacant land, and is calculated on the greater of the purchase price or the property's unencumbered value.
Unlike Victoria, Tasmania does not run a separate, lower rate for an owner-occupier. Every buyer, whether they will live in the property or not, is assessed on the same scale below.
Who pays property transfer duty and when
The buyer pays property transfer duty, not the seller. It is a cost on top of the purchase price, and for most buyers it is the largest single transaction cost, well ahead of the conveyancing professional fee.
Duty must be paid before the transfer of title can be registered, so in practice it is settled at or before settlement, most commonly through Tasmania's Tasmanian Revenue Online (TRO) system. Your conveyancer or solicitor lodges the duty assessment and makes sure it is paid on time.
Tasmanian property transfer duty calculator
Enter your purchase price for an indicative amount. Because Tasmania has one rate scale for every buyer, the estimate is the same whether you are a first home buyer, an owner-occupier or an investor.
Rates sourced from the State Revenue Office Tasmania rates of duty page, verified 15 July 2026, and cross-checked against the official Tasmanian Revenue Online duty calculator. Estimate only, not a formal assessment.
The full property transfer duty rate scale
This scale has applied since 21 October 2013 and covers every residential buyer in Tasmania, with no owner-occupier or first home buyer adjustment built in:
| Dutiable value | Property transfer duty |
|---|---|
| $0 to $3,000 | $0.00 per $100 (or part) |
| $3,001 to $25,000 | $50 + $1.75 per $100 over $3,000 |
| $25,001 to $75,000 | $435 + $2.25 per $100 over $25,000 |
| $75,001 to $200,000 | $1,560 + $3.50 per $100 over $75,000 |
| $200,001 to $375,000 | $5,935 + $4.00 per $100 over $200,000 |
| $375,001 to $725,000 | $12,935 + $4.25 per $100 over $375,000 |
| Over $725,000 | $27,810 + $4.50 per $100 over $725,000 |
Source: State Revenue Office Tasmania, rates of duty, verified 15 July 2026. A dutiable value of $3,000 or less is a flat $50, which is also the statutory minimum.
Why first home buyers get no concession right now
If you are a first home buyer, you might expect a discount, because Tasmania used to offer one. It is important to be precise about the current position: a 100% property transfer duty exemption for first home buyers of an established home valued at $750,000 or less applied to settlements between 18 February 2024 and 30 June 2026. Per the State Revenue Office Tasmania, it "is not available for transactions settling after 30 June 2026", and it was not extended in the 2026-27 Tasmanian Budget. A separate Off-the-Plan Apartment or Unit Duty Concession expired on the same date, also without extension.
The practical result: as at 2026, a first home buyer in Tasmania pays exactly the same property transfer duty as any other buyer, using the same scale above. There is no separate concession for vacant land either. This is a genuine change from the position a Tasmanian first home buyer would have read about as recently as mid-2026, so if you are relying on older information, or something you read before this date, check it against the current State Revenue Office Tasmania concessions and exemptions page before budgeting around a discount that no longer applies. The saving that does still exist, the First Home Owner Grant, is explained in full in the first home buyer Tasmania guide.
Worked examples
Each figure below is computed from the rate scale above, at the current rates verified on 15 July 2026. Because there is no first home buyer concession, the "first home buyer" and "standard buyer" columns are identical, which is itself the point:
| Purchase price | Duty (any buyer, incl. first home buyer) |
|---|---|
| $350,000 | $11,935 |
| $500,000 | $18,248 (same as $18,248 for a first home buyer) |
| $650,000 | $24,623 |
| $750,000 | $28,935 |
| $1,000,000 | $40,185 |
Computed from the current State Revenue Office Tasmania rates, verified 15 July 2026. Estimate only. Use the official Tasmanian Revenue Online calculator for a precise figure.
Other concessions
Tasmania retains some other, narrower duty concessions and exemptions unrelated to first home buyers, such as for deceased estates, some transfers between spouses, and a pensioner downsizing concession. This guide does not set out their thresholds, because they turn on eligibility rules that change; check current details directly with the State Revenue Office Tasmania before assuming you qualify.
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Conveyancing Explained provides general information about property transactions in Australia. It is not legal advice and does not create a client relationship. For advice on your situation, engage a licensed conveyancer, settlement agent, or property solicitor in your state or territory.