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First Home Buyers Concession

About this initiative

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.

Eligibility Criteria

To qualify for this initiative, you must:

  • be a first home buyer
  • purchase an established home costing up to $400,000

Availability

This incentive will be available for one year, commencing from 7 February 2018. Please note, legislative change is required to implement this initiative. It is expected that the necessary legislation will be passed by Parliament in the June 2018 session.

More Information

More information is available on the State Revenue Office website.

For general enquiries about first home buyer entitlements, email fhogs@treasury.tas.gov.au, call (03) 6166 4400 or 1800 001 388 (weekdays, 9:00am – 5:00pm).