To assist Tasmanians to afford their first home, the Government is offering a 50% duty discount on established homes costing up to $400,000. This represents a saving of up to $7000. Please note this initiative has been extended again, and now has an expiry date of 30 June 2020.
Streets Ahead provides deposit assistance of $12,000 for eligible households who purchase a Housing Tasmania property. Note: if a household obtains Streets Ahead they cannot also access HomeShare.
The First Home Owner Grant is a one-off payment for eligible buyers and builders of new homes. As part of the 2019-20 State Budget, the Tasmanian Government has extended the $20 000 First Home Owner Grant for one additional year, from 1 July 2019 to 30 June 2020.
Dreamt of owning your own home but found it difficult? Take a look at HomeShare. The Government will lend you up to 30% of your new home’s value, interest free. This means a smaller deposit, lower monthly payments and no mortgage insurance. Houses and house and land packages are available now.