Stamp Duty on $700,000 in Tasmania
Standard buyer
$26,748
3.82% effective rate
First home buyer
$26,748
No concession at this price
Foreign buyer
$82,748
Includes surcharge
Duty breakdown: $700,000 in Tasmania
| Buyer type | Base duty | Adjustment | Total duty |
|---|---|---|---|
| Standard (owner-occupier/investor) | $26,748 | — | $26,748 |
| First home buyer (established) | $26,748 | — | $26,748 |
| First home buyer (new build) | $26,748 | — | $26,748 |
| Foreign purchaser | $26,748 | +$56,000 | $82,748 |
FY2025-26 rates. Verify with your state revenue office before proceeding.
Frequently asked questions
How much stamp duty on $700,000 in Tasmania?
A standard owner-occupier or investor pays $26,748 in duty on a $700,000 property in Tasmania (FY2025-26). This is an effective rate of 3.82%.
Do first home buyers pay stamp duty on $700,000 in Tasmania?
First home buyers in Tasmania do not receive a duty concession at $700,000. The standard rate of $26,748 applies. Most concessions in Tasmania cut off below this price point.
What is the total upfront cost for a $700,000 property in Tasmania?
For a standard buyer, the total upfront cost (purchase price + duty) is $726,748. This does not include conveyancing fees, building inspection, or mortgage costs.