What Is Stamp Duty and When Is It Payable in Tasmania?
Stamp duty — officially called property transfer duty in Tasmania — is a one-off state tax paid by the purchaser when land or property changes hands, administered by the State Revenue Office Tasmania. Duty is calculated on the dutiable value of the transaction, which is the greater of the purchase price or the property's market value.
How Is Stamp Duty Calculated in Tasmania?
Tasmania uses a sliding general rate scale, unchanged since 21 October 2013, increasing through several bands up to 4.5% on the value above $725,000.
First Home Buyer Relief
The 100% first-home-buyer duty exemption for established homes valued up to $750,000 applied only to settlements between 18 February 2024 and 30 June 2026. Confirmed directly against sro.tas.gov.au on 13 July 2026: that page is explicitly headed "CLOSING 30 JUNE 2026" and states the exemption "is not available for transactions settling after 30 June 2026" — the window has now closed, with no replacement scheme announced on the SRO's own page. General duty rates apply by default; re-check sro.tas.gov.au periodically in case a new scheme is introduced.
Intergenerational Rural Transfer Exemption
Intergenerational rural transfer exemption (s225 Duties Act 2001) for primary production land (per the Land Tax Act 2000 definition) transferred to a relative of the transferor, with continuing primary production use. Exact relative definition not fully confirmed.
Frequently Asked Questions
Who pays stamp duty — the buyer or the seller?
The purchaser (transferee) pays property transfer duty in Tasmania.
Is the first-home-buyer duty exemption still available?
No — the 100% exemption for established homes up to $750,000 only applied to settlements between 18 February 2024 and 30 June 2026, and that window has now closed with no replacement announced. Check sro.tas.gov.au for the latest status.
Is there a young farmer duty concession in Tasmania?
No — no distinct young-farmer duty scheme was found for tasmania.
Where can I get an exact stamp duty figure?
This page provides general information only — contact the SRO Tasmania, or speak with a conveyancer or solicitor, for a precise figure.
Updated on 2026-07-13 — what changed
13 July 2026: re-confirmed the first-home-buyer exemption's closure directly against sro.tas.gov.au. Initial publication 12 July 2026, figures verified against sro.tas.gov.au.