Tasmania (Hobart) stamp duty & foreign buyer surcharge 2026-27
Tasmania charges foreign buyers an 8% Foreign Investor Duty Surcharge (FIDS). The former $750,000 first home exemption on established dwellings expired on 30 June 2026, so there is currently no first home duty relief.
- Foreign buyer surcharge
- 8%
- Foreign owner land tax (yr)
- 2%
- First home threshold
- No relief
- Primary production land surcharge
- 1.5%
TAS transfer duty brackets
Dutiable value is the higher of contract price and market value
| Dutiable value | Transfer duty |
|---|---|
| $0 – $3,000 | Fixed $50 |
| $3,001 – $25,000 | $50 + 1.75% of the amount over $3,000 |
| $25,001 – $75,000 | $435 + 2.25% of the amount over $25,000 |
| $75,001 – $200,000 | $1,560 + 3.5% of the amount over $75,000 |
| $200,001 – $375,000 | $5,935 + 4% of the amount over $200,000 |
| $375,001 – $725,000 | $12,935 + 4.25% of the amount over $375,000 |
| Above $725,001 | $27,810 + 4.5% of the amount over $725,000 |
The table above shows the standard scale, with a $50 minimum. FIDS at 8% is charged separately on the full value and applies to both vacant land and dwellings.
Worked example: a Hobart $600,000 new build, overseas buyer
Non-resident individual, investment use, with a mortgage, FIRB new-dwelling tier
| Transfer dutyTAS 分档计算 | $22,498 |
|---|---|
| Foreign buyer surcharge 8%$600,000 × 8% | $48,000 |
| FIRB application fee (est.)New / vacant land tier, FY 2026-27 | $15,600 |
| Transfer registration (approx.)Land titles office | $257 |
| Mortgage registration (approx.)Land titles office | $168 |
| Government cost at settlement | $86,522 |
The same property bought by an Australian citizen or permanent resident (as an investment) would cost about $22,922 in government charges — a difference of $63,600 entirely from the surcharge and the FIRB application fee.
Recent TAS changes
- 18 February 2024First home buyers purchasing an established home under $750,000 became fully exempt from duty (a temporary measure).
- 30 June 2026That $750,000 established-home exemption expired and was not extended.
- 1 July 2025FIDS held at 8% for residential property and 1.5% for primary production land.
- 1 July 2025The foreign owner land tax surcharge held at 2%, charged annually on land value.
Common questions
What is the Tasmanian foreign buyer surcharge?
FIDS (Foreign Investor Duty Surcharge) is 8% of the dutiable value for residential property and 1.5% for primary production land. On $600,000 the residential surcharge is $48,000.
Is there still first home relief in Tasmania?
No. The full exemption for established homes under $750,000 expired on 30 June 2026, so first home buyers now pay duty on the standard scale.
Hobart prices are lower — is the surcharge still worth calculating?
Yes. An 8% surcharge on a $600,000 home is $48,000, and once the FIRB application fee is added the total government cost for an overseas buyer can approach 12% of the purchase price.
How much is the Tasmanian land tax surcharge?
Foreign owners pay 2% of land value each year, on top of general land tax.
Is there extra tax on short-stay accommodation?
Tasmania applies additional land tax to some short-stay properties, and local planning rules may restrict them. Check the relevant council rules before buying.
Other states & territories
Official sources
- SRO Tasmania — Property transfer duties
- SRO Tasmania — Foreign Investor Duty Surcharge
- State Revenue Office Tasmania — Foreign investor land tax surcharge
- ATO — FIRB residential fees
General information only — not tax, legal or financial advice. Rates, concessions and FIRB fees change often, and whether you are a "foreign person" turns on the Tasmania rules applied case by case. Confirm with the revenue office and your adviser before signing. Last checked: 2026-09-12