Stamp Duty on $400,000 in Tasmania
Standard buyer
$13,998
3.50% effective rate
First home buyer
$6,999
Saves $6,999
Foreign buyer
$45,998
Includes surcharge
Duty breakdown: $400,000 in Tasmania
| Buyer type | Base duty | Adjustment | Total duty |
|---|---|---|---|
| Standard (owner-occupier/investor) | $13,998 | — | $13,998 |
| First home buyer (established) | $13,998 | −$6,999 | $6,999 |
| First home buyer (new build) | $13,998 | −$6,999 | $6,999 |
| Foreign purchaser | $13,998 | +$32,000 | $45,998 |
FY2025-26 rates. Verify with your state revenue office before proceeding.
Frequently asked questions
How much stamp duty on $400,000 in Tasmania?
A standard owner-occupier or investor pays $13,998 in duty on a $400,000 property in Tasmania (FY2025-26). This is an effective rate of 3.50%.
Do first home buyers pay stamp duty on $400,000 in Tasmania?
Yes, but with a concession. First home buyers purchasing an established home at $400,000 in Tasmania pay $6,999, a saving of $6,999 compared to the standard rate. 50% duty reduction on homes ≤ $600k for eligible first home buyers.
What is the total upfront cost for a $400,000 property in Tasmania?
For a standard buyer, the total upfront cost (purchase price + duty) is $413,998. This does not include conveyancing fees, building inspection, or mortgage costs.