First Home Buyer Grants in Tasmania
The grant, the stamp duty rules, and the federal schemes that Tasmanian first home buyers can use in 2026, explained simply and shown as a single figure.
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What help can a first home buyer get in Tasmania?
Tasmanian first home buyers may be entitled to several forms of help that often stack together. The main ones are the $20,000 First Home Owner Grant on a new home, and the federal schemes such as the First Home Guarantee, Help to Buy and the First Home Super Saver Scheme.
How much is the First Home Owner Grant in Tasmania?
The First Home Owner Grant in Tasmania is $20,000 for eligible first home buyers who build or buy a new home, with no property price cap. It does not apply to established homes.
| Feature | TAS |
|---|---|
| Grant amount | $20,000 |
| Property price cap | No price cap |
| Administered by | State Revenue Office Tasmania |
Do first home buyers pay stamp duty in Tasmania?
Tasmania's first home buyer stamp duty concession on established homes ended on 30 June 2026, so first home buyers now pay standard stamp duty. The main first home buyer benefit in Tasmania is the grant on a new home.
Because the established home duty concession has ended, the new home grant is where most of the value now sits for a Tasmanian first home buyer, alongside the federal schemes.
Federal schemes for Tasmania first home buyers
On top of any state help, Tasmania first home buyers can use the First Home Guarantee, which lets eligible buyers purchase with a 5 percent deposit and pay no lenders mortgage insurance, with a property price cap of $700,000 in Hobart and regional centres, and $550,000 in the rest of Tasmania. There is also Help to Buy shared equity and the First Home Super Saver Scheme.
Tasmania's MyHome is a shared equity program that can help eligible buyers purchase with a small deposit, with the government taking a share in the property.
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First home buyer grants in Tasmania: top questions
How much is the first home buyer grant in Tasmania?
The First Home Owner Grant in Tasmania is $20,000 for eligible first home buyers who build or buy a new home, with no property price cap. It does not apply to established homes.
Is there a property price cap on the Tasmania grant?
No. Tasmania places no property price cap on the $20,000 grant, so it is judged on whether the home is genuinely new rather than on its price.
Do first home buyers pay stamp duty in Tasmania?
Tasmania ended its first home buyer stamp duty concession on established homes on 30 June 2026, so first home buyers now pay standard stamp duty. The main first home buyer benefit in Tasmania is now the $20,000 grant on a new home.
Can I get the grant on an established home in Tasmania?
No. The grant is new homes only, and Tasmania ended its first home buyer stamp duty concession on established homes on 30 June 2026. An established buyer in Tasmania now pays standard duty and does not receive the grant.
What is the Tasmanian MyHome program?
MyHome is a Tasmanian shared equity program that can help eligible buyers purchase with a small deposit, with the government taking a share in the property. Limits and eligibility apply.
Can first home buyers use the First Home Guarantee in Tasmania?
Yes. The First Home Guarantee lets eligible buyers purchase with a 5 percent deposit and pay no lenders mortgage insurance. The Tasmania price cap is $700,000 in Hobart and regional centres, and $550,000 in the rest of Tasmania.
Do I have to live in the home to receive the grant in Tasmania?
Yes. First home owner grants are for owner occupiers, so at least one buyer must move in and live there as their main home for a continuous period, generally starting within 12 months of settlement or completion.
Who is eligible for the first home buyer grant in Tasmania?
You generally must be a person rather than a company or trust, be at least 18, and at least one buyer must be an Australian citizen or permanent resident. You and your partner must not have owned residential property in Australia or received the grant before.
How do I apply for the grant in Tasmania?
Most people apply through an approved agent, usually their lender, at the same time as the home loan, with the help arranged at settlement or the first construction payment. You can also apply directly to the State Revenue Office Tasmania within the allowed time.
Can I combine the grant with other schemes in Tasmania?
Often yes. A first home buyer building a new home in Tasmania can frequently use the state help, the stamp duty rules and the federal First Home Guarantee at the same time. Some schemes are means tested or interact differently.
When is the first home buyer help paid in Tasmania?
When you buy a completed new home the help is generally applied at settlement. When you have a building contract it is usually applied at the first construction progress payment. The timing depends on whether you are buying or building.
What counts as a new home for the Tasmania grant?
A new home is one that has not previously been lived in or sold as a place of residence. That includes a brand new build, an off the plan apartment, and a house and land package. Established homes that have been lived in before do not qualify.
How does Help to Buy work for Tasmania buyers?
Help to Buy is a federal shared equity scheme available in Tasmania. The government contributes up to 40 percent of the price of a new home or 30 percent of an existing home for an equity share, which reduces your loan. Income and place limits apply.
Can I use the First Home Super Saver Scheme in Tasmania?
Yes. The First Home Super Saver Scheme is federal and available in Tasmania. You can withdraw up to $50,000 of eligible voluntary super contributions, plus earnings, towards your deposit, subject to the scheme rules.
Can I get the grant on an off the plan apartment in Tasmania?
Yes. An off the plan apartment or townhouse counts as a new home, so it can qualify for the Tasmania first home buyer help, as long as it has not been previously occupied and you meet the other criteria.
General information only. This page provides general information based on first home buyer settings current in 2026. It is not financial advice, a quote, or a guarantee, and your personal circumstances have not been considered. Grant amounts, caps, eligibility and scheme places change and vary by circumstance, and some help applies only to new homes. Always confirm current grants and your eligibility with the State Revenue Office Tasmania, Housing Australia, or a licensed mortgage broker. Ross McFarlane (Credit Representative 526725) is an authorised Credit Representative of Australian Associated Advisers Pty Ltd t/a Keylend, Australian Credit Licence 392169.