Home Buyer Concession Scheme:
For transaction dates from 1 July 2026, the property value limit has been removed. This means no conveyance duty (stamp duty) is payable.
To see if you are eligible, visit here.
Off the Plan unit duty exemption : visit here.
Home Owner Rates Assistance : visit here.
First Home Buyer Choice
First Home Buyer Choice (FHBC) is now closed.
First Home Buyers Assistance
If your First Home is and is a new or existing property, you will pay $0 duty below $800,000 and then a reduced amount between $800,000 and $1,000,000. Your stamp duty will be: $
First Home Owner Grant (New Homes).
A $10,000 First Home Owner Grant (FHOG) is available when you buy or build your first new home.
Your first new home can be a house, townhouse, apartment, unit or similar that is newly built, purchased off the plan or substantially renovated.
How much can I spend?
If you purchase a newly built house, townhouse, apartment, unit or similar the purchase price must not exceed $600,000. More information here
For all other grants and schemes please click here.
For full detals on First Home Owners Assistance
click here
Grants extended
The FreshStart New Home Grant of $30,000 and the HomeGrown Territory Grant of $50,000 have been extended.
Eligible applicants now have until 30 September 2027 to sign a contract to buy or build, or to start building as an owner‑builder.
Eligible applicants can apply for the:
FreshStart New Home Grant until 31 December 2027.
HomeGrown Territory Grant until 30 September 2028.
NEW HOME OR VACANT LAND
First Home Buyers Duty Exemption: From May 1st 2025: First home buyers who enter into a contract to purchase a new home to live in (or vacant land on which to build a home to live in) will pay no stamp duty.
First home owner grant
The $30,000 first home owner grant will be extended, for eligible contracts signed from 20 November 2023 up to mid 2030.
All the details on Financial help and incentives here.
2024-25 State Budget removes the property value cap for first home owner grant for eligible contracts entered into on or after 6 June 2024
For full details please view this page.
First Home Owner Grant
A first home owner grant is available to eligible applicants who purchase or build a new home in Tasmania from 1 July 2016. A new home is a home that has not previously been occupied or sold as a place of residence and includes kit homes.
The amount of the grant is determined by the date that the eligible transaction commenced.
Transactions that commence between 1 July 2026 and 30 June 2027 may be eligible for $20 000.
Please see here for further details.
Concessions and Exemptions that ended 30 June 2026
Concession: Off-the-Plan Apartment or Unit Duty Concession.
Exemption: First Home Buyers of Established Home Duty Relief.
First Home Owner Grant
You can receive $10,000 with the First Home Owner Grant (FHOG)
If you are buying or building a new home valued up to $750,000, you may be eligible for a First Home Owner Grant (FHOG) of $10,000. To be eligible, the home must not have been previously sold or occupied.
Exemptions and Concessions
The first home owner rate (FHOR) is a concessional rate of duty applied to certain transactions such as a contract to purchase or transfer a home or vacant land.
Duties Fact Sheet can be seen here.
The first home owner grant of $10,000 is a one-off payment to encourage and assist first home buyers to buy or build a residential property for use as their principal place of residence. For more information refer to the First Home Owner Grant Fact Sheet.
First home owners may qualify for the grant and/or the first home owner rate of duty if they are either purchasing an established home or if they are building or purchasing a new home. The grant has:
Find detailed information in the FHOG Guide.
Disclaimer: Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as an indication only. They are neither a quote nor a pre-qualification for a home loan.