TAS Stamp Duty Calculator: Property Transfer Duty Rates

Tasmania charges duty on a sliding scale based on the greater of the purchase price and the unencumbered value of the property. The SRO works out unencumbered value by multiplying the Valuer-General's last valuation by an adjustment factor for the municipality, which you can look up on the Land Information System Tasmania (LIST). The value includes any chattels sold with the property.

Each band charges a fixed amount plus a rate for every $100, or part of $100, above its threshold, so the excess is rounded up to the next $100. Even the smallest transfer attracts duty: anything up to $3,000 costs a flat $50. The purchaser pays the duty, and it is due within three months of the dutiable transaction, which is usually settlement.

The bands above $25,000 have not changed since 1 October 2012, and the scale as a whole has applied since 21 October 2013. Because the thresholds have not moved since then, rising prices push more homes into the top band, where every extra $100 costs $4.50.

From 18 February 2024 to 30 June 2026, first home buyers of established homes valued at $750,000 or less paid no duty at all. The SRO has confirmed that this exemption is not available for transactions settling after 30 June 2026, so first home buyers now pay the general rates shown on this page. The relief was tied to the settlement date, not the contract date.

The end of the exemption is a large change for buyers at typical Tasmanian prices:

• $400,000: nil if settled by 30 June 2026, $13,997.50 if settled after
• $550,000: nil if settled by 30 June 2026, $20,372.50 if settled after
• $650,000: nil if settled by 30 June 2026, $24,622.50 if settled after
• $750,000: nil if settled by 30 June 2026, $28,935 if settled after

Before the exemption, first home buyers had a 50% concession on established homes, with the value cap rising from $400,000 in 2018 to $600,000 by 2022. The State Revenue Office also runs the First Home Owner Grant, which is separate from duty and has its own conditions.

The top band starts at $725,000. Below that, most homes fall in the $4.25 band that begins at $375,000, so each extra $10,000 on the price adds $425 of duty. The effective rate rises steadily:

• $300,000: $9,935, or 3.31% of the price
• $450,000: $16,122.50, or 3.58% of the price
• $600,000: $22,497.50, or 3.75% of the price
• $800,000: $31,185, or 3.90% of the price
• $1,200,000: $49,185, or 4.10% of the price

The scale is the same whether you will live in the property or rent it out, so an owner-occupier and an investor pay the same duty on the same Tasmanian home.

A foreign person acquiring residential property in Tasmania pays the foreign investor duty surcharge (FIDS) of 8% of the dutiable value, for agreements made on or after 1 April 2020. Primary production property attracts a lower 1.5% surcharge, which this calculator does not cover. On a $600,000 home, FIDS adds $48,000 to the ordinary duty of $22,497.50, for a total of $70,497.50.

The 50% off-the-plan apartment or unit concession is not available for agreements of sale made after 30 June 2026. Eligible pensioners who sell their former Tasmanian home and downsize to a new home can claim a 50% concession, which depends on that sale and is not modelled here. Transfers between partners of a principal place of residence, and transfers after a relationship breaks down, can be exempt.

On a $650,000 established property bought as an investment, Tasmania charges $24,622.50, the fifth highest of the eight states and territories. The table uses each jurisdiction's general rates only, so it leaves out home, first home and foreign purchaser rules, which change the answer for many buyers.