Stamp duty in Tasmania, also known as land transfer duty, is a once-off tax paid upon purchasing a property. Our calculator will help you calculate stamp duty on owner-occupied homes in Tasmania, as well as any first home buyer concessions that may apply.
Stamp duty in Tasmania is calculated on a sliding scale according to your property value.
The table below shows the rates for owner-occupied properties.
The above will not apply for investment properties. If you are a first home buyer, you may be eligible for additional concessions.
Transfer registration fees, also known as transfer fees, are required to register the transfer of titles. In Tasmania, this is a flat fee of $233.18.
Mortgage registration fees are also required if you are financing your purchase with a home loan. This is also a flat fee, which is $152.19.
These numbers are current as of July 2023, and will remain in place for the 2023-2024 financial year.
Yes, Tasmania has a first home buyer concession, for established properties up to $600,000. This reduces your stamp duty by 50%.
The eligibility criteria are:
Tasmania has a foreign purchaser duty surcharge, calculated as 8% of the property value.
You are not considered a foreign owner if you are any of the following:
In Tasmania, if you are a foreign owner jointly purchasing with your non-foreign owner partner, you may be exempt from paying the foreign owner duty. This requires the home to be an existing home, and to be a primary place of residence within 6 months of purchase. Different criteria applies for vacant land.
Please note that you may be subject to other costs, in addition to this duty surcharge.
