Stamp Duty Calculator Tasmania (2025-26)

Check Tasmania duty before contract exchange. Includes the $750,000 first-home exemption and foreign investor surcharge.

2025–26 ATO rates · Updated 15 Feb 2026 · No signup required Estimates only. Not tax or financial advice. Full disclaimer

How does duty on conveyances work in Tasmania?

Duty on conveyances in Tasmania is a one-off tax payable when you purchase property. It is calculated on the purchase price (or market value, whichever is higher) using progressive rate brackets. Higher-value properties attract a higher marginal rate, up to a top rate of 4.5%.

First home buyers: Full exemption up to $750,000 (from July 2024).

Foreign buyers: 8% foreign investor surcharge.

For full details and to verify current rates, visit State Revenue Office Tasmania .

Tasmania duty on conveyances rates

Property value	Marginal rate	Duty payable
$0 – $3,000	—	$50 minimum
$3,001 – $25,000	1.75%	$50 + $1.75 per $100 over $3,000
$25,001 – $75,000	2.25%	$435 + $2.25 per $100 over $25,000
$75,001 – $200,000	3.5%	$1,560 + $3.50 per $100 over $75,000
$200,001 – $375,000	4.0%	$5,935 + $4.00 per $100 over $200,000
$375,001 – $725,000	4.25%	$12,935 + $4.25 per $100 over $375,000
Over $725,000	4.5%	$27,810 + $4.50 per $100 over $725,000

Source: State Revenue Office Tasmania. Retrieved 15 Feb 2026. Standard buyer rates shown.

Worked example: Tasmania duty on conveyances

Purchase price: $500,000

Estimated duty on conveyances: $18,435

For a property valued at $500,000 in Tasmania: $50 + $385 + $1,125 + $4,375 + $7,000 + $5,313. Total = approximately $18,435 (3.69% effective rate). A first home buyer would pay $0 (exempt up to $750,000).

Use the calculator above to estimate duty on conveyances for any purchase price. The calculator also shows how Tasmania compares with other Australian states.

City scenario: Hobart

Hobart investors commonly compare duty impact with expected resale liquidity because regional turnover patterns can shape hold periods.

In a Hobart scenario around $500,000, this page estimates upfront duty around $18,435 under current published rates.

Verify your result with the official source

Cross-check your estimate against official guidance from State Revenue Office Tasmania . Confirming rates and concessions there helps validate assumptions before settlement.

Tasmania purchase-planning context

Tasmania combines a relatively moderate top rate with a first-home exemption to $750,000, which can create very different outcomes between owner-occupier and investor scenarios at similar price points.

For investors, regional liquidity and resale depth can matter as much as headline duty. Pair duty modelling with realistic selling-cost and time-on-market assumptions.

Is stamp duty tax deductible?

Stamp duty paid on the purchase of an investment property is not an immediately deductible expense. Instead, it forms part of the cost base of the property for capital gains tax (CGT) purposes. This means when you eventually sell the investment property, the stamp duty you paid at purchase reduces your taxable capital gain, lowering your CGT liability.

For your principal place of residence, stamp duty is generally not tax deductible at all, as the main residence CGT exemption means the cost base is typically irrelevant.

Assumptions and limitations

Standard buyer rates shown. First home buyer concessions and foreign surcharges are calculated separately using the buyer type selector.
Does not model off-the-plan concessions, regional variations, or exemptions for specific transaction types (e.g. related party transfers, family law).
Duty is calculated on the purchase price. In some cases, revenue offices may assess duty on the market value if it is higher than the contract price.

Stamp duty calculators for other states

Compare stamp duty across all Australian states and territories or view rates for a specific state:

Stamp Duty Calculator (all states and territories) - compare every state side by side
Stamp Duty Calculator NSW (New South Wales) - top rate: 7.0%
Stamp Duty Calculator VIC (Victoria) - top rate: 6.5%
Stamp Duty Calculator QLD (Queensland) - top rate: 5.75%
Stamp Duty Calculator WA (Western Australia) - top rate: 5.15%
Stamp Duty Calculator SA (South Australia) - top rate: 5.5%
Stamp Duty Calculator ACT (Australian Capital Territory) - top rate: 5.86%
Stamp Duty Calculator NT (Northern Territory) - top rate: 5.95%

Frequently asked questions

How much is stamp duty in Tasmania?

Tasmanian duty on conveyances starts at a minimum of $50 for properties up to $3,000, rising to 4.5% for properties over $725,000. For a typical $500,000 home, duty is approximately $18,435.

Are first home buyers exempt from stamp duty in Tasmania?

Yes. First home buyers in Tasmania are fully exempt from duty on properties valued up to $750,000. This threshold was increased from $600,000 on 18 July 2024.

Do I pay stamp duty on investment property in Tasmania?

Yes. The first home buyer exemption only applies to properties purchased as a principal residence. Investment properties attract full duty at standard rates.

Is stamp duty tax deductible in Tasmania?

Stamp duty is not immediately deductible. For investment properties, it forms part of the cost base for CGT purposes.

What is the foreign buyer surcharge in Tasmania?

Foreign investors purchasing residential property in Tasmania pay an additional 8% surcharge on the purchase price.

Important Disclaimer

This calculator provides general information only and is not intended as tax advice, financial advice, or a recommendation to buy, sell, or hold any investment property. The results are estimates based on the information you provide and the tax rules applicable to the 2025-26 financial year.

Tax rules and rates are subject to change. The calculations may not account for all factors that apply to your specific situation, including but not limited to: HELP/HECS-HELP repayments, Medicare Levy Surcharge, private health insurance rebate adjustments, foreign income, or trust distributions.

We are not affiliated with the Australian Taxation Office (ATO) or any state or territory revenue office. All rates and thresholds are sourced from publicly available government data (see sources below).

Seek professional advice. For advice specific to your financial situation, speak with a registered tax agent, accountant, or licensed financial adviser.

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