Stamp duty in Tasmania
If you're buying a property in Tasmania, you'll need to pay stamp duty. It's a big expense, but you may be eligible for a discount or concession.
Key takeaways
- Stamp duty, or property transfer duty as it's known in Tasmania, is a state government tax you pay when you acquire interest in property.
- Transfer duty can cost you tens of thousands of dollars, so it's important to get an estimate total before you're left with a shock bill.
- As at September 2026, Tasmania has no current stamp/property transfer duty concession specifically for first-home buyers.
How much is stamp duty in Tasmania?
Property transfer duty in Tasmania is calculated based on the greater of the purchase price (consideration paid) or the property's unencumbered value, which is generally its market value. For an open-market purchase, the agreed purchase price will generally be used to calculate your stamp duty.
Property transfer duty is calculated on a sliding scale ranging from 1.75% up to 4.5%, rather than a set percentage, as described in the table below:
| Property value | Conveyance duty payable |
|---|---|
| Up to $3,000 | $50 |
| Between $3,000 and $25,000 | $50, plus $1.75 for every $100 over $3,000 |
| Between $25,000 and $75,000 | $435, plus $2.25 for every $100 over $25,000 |
| Between $75,000 and $200,000 | $1,560, plus $3.50 for every $100 over $75,000 |
| Between $200,000 and $375,000 | $5,935, plus $4.00 for every $100 over $200,000 |
| Between $375,000 and $725,000 | $12,935, plus $4.25 for every $100 over $375,000 |
| More than $725,000 | $27,810, plus $4.50 for every $100 over $725,000 |
Finder survey: What do Australians of different ages think is the biggest hurdle to getting a home loan?
| Response | 75+ yrs | 65-74 yrs | 55-64 yrs | 45-54 yrs | 35-44 yrs | 25-34 yrs | 18-24 yrs |
|---|---|---|---|---|---|---|---|
| Getting approved for a loan with a good interest rate | 27.91% | 24.22% | 24.56% | 22.71% | 26.77% | 23.3% | 32.86% |
| The deposit | 27.91% | 39.13% | 44.44% | 46.86% | 44.09% | 40.78% | 25.71% |
| Getting a loan without typical employment | 18.6% | 11.18% | 8.19% | 8.7% | 4.72% | 12.14% | 12.86% |
| Nothing - I do not think there are hurdles | 16.28% | 13.66% | 5.26% | 5.8% | 3.94% | 1.94% | 2.86% |
| Finding the right property | 6.98% | 6.83% | 12.87% | 12.56% | 17.72% | 17.48% | 20% |
| Previous debts | 2.33% | 3.73% | 4.09% | 2.42% | 1.97% | 4.37% | 5.71% |
| Other | 1.24% | 0.58% | 0.97% | 0.79% |
Source: Finder survey by Pure Profile of 1112 Australians, December 2023
Stamp duty calculator
You can use Finder's stamp duty calculator to estimate your transfer duty costs. Just set the state to TAS before entering your details. Note that this is just an estimate and may not reflect your actual costs.
Stamp duty concessions for first home buyers
Tasmania currently has no stamp duty concession or exemption specifically for first-home buyers.
The previous 100% duty exemption for eligible first-home buyers purchasing an established home valued at $750,000 or less ended on 30 June 2026. A separate 50% concession for eligible off-the-plan apartments and units also ended on 30 June 2026.
So, as at September 2026, Tasmania has no current stamp/property transfer duty concession specifically for first-home buyers.
Our expert says: Understand all your options
"If you're buying property in Tasmania and are worried about the additional cost of stamp duty, check to see if you may still be eligible for some relief.
There's other support available for people who are going through a breakdown of a relationship or transferring rural land between relatives. It's important to do your research to know what costs you'll need to fork out. If you're ever confused or unsure it's a good idea to speak to a professional, like a conveyancer, solicitor or mortgage broker."
When is stamp duty payable?
Property transfer duty is payable within 3 months of your property purchase, and needs to be paid to the State Revenue Office (SRO). Many buyers pay their transfer duty at settlement.
You (or more likely your conveyancer) will need to lodge the required documents, such as the agreement for sale and transfer instrument, with the SRO either in person, by mail or online. You can pay when you lodge, using the SRO's Property Transfer Duty Calculator to estimate how much you owe, or wait for the SRO to send you an assessment.
The documents you lodge need to include a duty lodgement cover sheet, which is available to download from the SRO website.
More questions about Tasmania stamp duty
Sources
More resources on Finder
Ask a question
More guides on Finder
-
Stamp duty in the Northern Territory
Everything you need to know about stamp duty in the NT and how it’s calculated.
-
Stamp duty in South Australia
Here’s everything you need to know about stamp duty in South Australia and how it’s calculated.
-
Queensland stamp duty calculator
Everything you need to know about stamp duty in Queensland and how it’s calculated.
-
Stamp duty in the ACT
Everything you need to know about stamp duty in the ACT and how it’s calculated.
-
Stamp duty in WA
Everything you need to know about how much stamp duty you'll pay when you buy a home in Western Australia.
-
Stamp duty Victoria
Your complete guide to stamp duty in Victoria, including new discounts that could save homebuyers up to $27,500.
-
NSW stamp duty calculator & guide
Stamp duty is just one of the many costs associated with property ownership. Learn everything you need to know about transfer duty in NSW.