--- title: "First Home Owner Grant Tasmania 2026" description: "$10,000 FHOG for new homes + best stamp duty relief in Australia (100% exemption $750K). Total savings up to $38,945." source: HomeBuildBudget sourceUrl: https://homebuildbudget.com/guides/first-home-owner-grant-tas lastUpdated: 2026-06-16 citationUrl: https://homebuildbudget.com/guides/first-home-owner-grant-tas --- # First Home Owner Grant Tasmania 2026 $10,000 FHOG for new homes + best stamp duty relief in Australia (100% exemption $750K). Total savings up to $38,945. $10,000 FHOG for new homes + best stamp duty relief in Australia (100% exemption $750K). Total savings up to $38,945. Quick answer: Tasmania offers a $10,000 First Home Owner Grant for new homes (with a $750,000 value cap) plus the best stamp duty relief in Australia — 100% exemption on properties up to $750,000, including both new and established homes (until June 30, 2026). You must be over 18, an Australian citizen or permanent resident, and have never owned residential property in Australia. Move in within 12 months and live there for at least 6 consecutive months. Maximum combined saving: $38,945. Beware the cliff edge — properties over $750,001 pay full stamp duty with no concession. Apply through State Revenue Office Tasmania or via your lender. Updated April 2026 based on State Revenue Office Tasmania data. Tasmania is the only state where first home buyers get full stamp duty exemption on established homes up to $750,000 (State Revenue Office Tasmania). NSW offers relief to $800,000, but only with a phase-out. Victoria caps it at $600,000. South Australia offers zero relief on established homes. Tasmania? Full exemption. Zero duty. Up to $750,000. If you need financing for a new build, read our construction loans vs home loans guide to understand how progress payments work. Grant Amount: $10,000 Property Value Cap: $750,000 (from 2024) (State Revenue Office Tasmania) Applies to: New homes only This is where Tasmania really pulls ahead. From February 18, 2024 to June 30, 2026, first home buyers get: ## First Home Owner Grant (FHOG) ## Stamp Duty Relief — Best in Australia ## How Much Can You Save? ### Example 1: Building in Kingston (Hobart) ### Example 2: Buying Established Home in Launceston ### See your Tasmania first home buyer savings ## Who Is Eligible? ### If You’re Building (Most Common) ### If You’re Buying a New or Established Home ## No Foreign Buyer Surcharge ### Why does Tasmania have the best stamp duty relief? ### Can I get the FHOG if I’m buying an established home? ### What happens at the $750,000 cliff edge? ### Can I use the FHOG as part of my deposit? ### How long does the stamp duty exemption last? ## Key Points - A home you build yourself (owner-builder) - A home built for you by a builder (contract to build) - A brand new home that has never been lived in (buying off-the-plan or from a developer) - A substantially renovated home (full gut-reno level, not just a new kitchen) - Established/existing homes - Investment properties - Vacant land on its own (you get the grant when you build, not when you buy land) - Vacant land (if you’re building on it) - New homes (never been lived in) - Established/existing homes (rare—most states don’t offer this) ## Frequently Asked Questions ### Who Is Eligible? Tick every box or you don’t qualify: ### Why does Tasmania have the best stamp duty relief? Policy decision. From February 18, 2024 to June 30, 2026, Tasmania upgraded from 50% stamp duty concession to 100% exemption up to $750,000. The goal is to make home ownership more accessible in a market where building costs are higher than mainland (freight premium). ### Can I get the FHOG if I’m buying an established home? No. The $10,000 FHOG only applies to new homes (new build, off-the-plan, substantially renovated). ### What happens at the $750,000 cliff edge? Buy a property for $750,000 or less: $0 stamp duty Buy a property for $750,001 or more: Full stamp duty with no concession ### Can I use the FHOG as part of my deposit? Usually no. The FHOG is applied at settlement or during construction (against a progress payment). Most lenders won’t let you count it toward your 5-10% deposit because the money doesn’t hit your account until later. However, some lenders factor the grant into your borrowing capacity. ### How long does the stamp duty exemption last? The current 100% exemption (up from 50%) runs until June 30, 2026. After that date, the scheme may revert to the previous 50% concession or be extended. Tasmania announces changes in the annual budget. ### Can I get the FHOG and stamp duty exemption together? Yes, and you should. They’re separate schemes. If you’re building a new home in Hobart under $750,000, you get the $10,000 FHOG plus full stamp duty exemption. Stack them. Maximum combined saving: $38,945. For full stamp duty details, see our Tasmania stamp duty guide. ### How does Tasmania compare to other states? First home buyer stamp duty exemption: ### What if my partner has owned a home before? You don’t qualify. The “never owned property in Australia” rule applies to all applicants. If your partner owned a property 5 years ago and sold it, neither of you qualifies—even if only your name is going on the new title. --- *Source: [HomeBuildBudget](https://homebuildbudget.com/guides/first-home-owner-grant-tas)*