No statutory cooling-off period, no duty on the seller to disclose defects, and the first-home duty exemption on established homes ended for settlements after 30 June 2026 with no replacement confirmed.
Five pages cover the rules that change at the border: what duty costs and who is exempt, what the cooling-off period gives you and what the seller has to disclose, which grants and schemes are open, what a price guide is allowed to say, and the buying process from the licence check to settlement. Every figure names the agency it came from and the date it was checked.
The TAS pages
Stamp dutyProperty transfer duty, the first-home exemption that ended on 30 June 2026, and how the figure is checked. draft
Cooling-off and contractsNo statutory cooling-off period, no defect disclosure by the seller, and what that makes the contract do. draft
Grants and schemesThe First Home Owner Grant, MyHome shared equity, the 5% Deposit Scheme and Help to Buy, with what is confirmed and what is not. draft
Auctions and price guidesNo price-guide format rule confirmed, no conditions and no cooling-off at auction, and the open questions. draft
The buying processThe steps in order, licensed conveyancers, the Property Agents Board register, complaints to CBOS and settlement. draft
TAS at a glance
Each line links to the page it comes from and to the agency source. A dagger (†) marks a fact taken from an official search result that is still to be confirmed on the agency's own page; open the source before relying on it.
Stamp duty
- What it's called
- Property transfer duty Source
- Official calculator
- State Revenue Office Tasmania duty calculator Source
- Off-the-plan concession
- A 50% duty reduction on a new apartment or unit bought off the plan or under construction, value up to $750,000, for agreements from 1 July 2024 to 30 June 2026 inclusive. Not available for agreements executed after 30 June 2026. Source
- Pensioner downsizing concession
- Ended: the concession covered new homes of $600,000 or less bought between 1 January 2022 and 30 June 2025, with the former home's sale completing by 30 June 2025. No extension has been published. Source
- How the rate works
- Sliding scale on dutiable value: a fixed sum plus $4 per $100 over $200,000, $4.25 per $100 over $375,000 and $4.50 per $100 over $725,000. Bands below $200,000 not seen. Source
- When the bands change
- Not indexed each year: the current table applies to transfers on or after 21 October 2013 Source
- First home, established
- Not available for transfers settling after 30 June 2026. The 100% exemption to $750,000 applied to transfers completing 18 February 2024 to 30 June 2026. Source
- First home, new or off the plan
- No first-home concession on new homes seen. SRO's off-the-plan apartment or unit duty concession is not available for agreements executed after 30 June 2026. Source
- First home, vacant land
- None: SRO's concessions page says a duty concession requires an established home, which cannot be vacant land Source
- Other concessions
- Pensioner downsizing: ended 30 June 2025; no extension has been published. Source
- Relief after 30 June 2026
- No replacement first-home duty relief is published by SRO as at 16 September 2026; its first-home pages list only the exemption that ended for settlements after 30 June 2026 † Source
- What duty is charged on
- Dutiable value. SRO's fact sheet ties unencumbered value to the figure last determined by the Valuer-General times the municipality's adjustment factor, both on LIST. Source
Cooling-off and contracts
- Cooling-off period
- None. The Property Agents and Land Transactions Act 2016 does not require a cooling-off period for residential sales. Source
- Cost of using it
- Not applicable: there is no statutory period to use Source
- When it does not apply
- No sale carries a statutory period. At auction the contract also cannot be made subject to conditions such as finance. Source
- Waiving or shortening it
- Nothing to waive. Any right to withdraw exists only as a condition written into the contract, and no conditions can be attached at auction. Source
- What the seller must disclose
- No requirement under the Act to disclose defects in the quality of the property; CBOS calls the position buyer beware. Other disclosure duties were not seen. Source
- Deposit
- Amount and timing not confirmed; the Act requires real estate businesses to keep trust accounts Source
- Settlement
- Typical period not confirmed; electronic settlement through an approved electronic lodgement network has been available for most transfers since February 2025 Source
Grants and schemes
- First Home Owner Grant
- $20,000 for eligible transactions from 1 July 2026 to 30 June 2027 inclusive, for first-home buyers building or buying a new residence (earlier windows paid $30,000 or $10,000 depending on the transaction date). Six months' residence, starting within 12 months. Source
- State schemes open
- MyHome shared equity, which replaced HomeShare (existing HomeShare mortgages are unchanged): Homes Tasmania contributes up to $300,000 or 40% (whichever is less) on a new home or house-and-land package, or up to $150,000 or 30% on an existing home; price caps $800,000 new (from 1 November 2025) and $750,000 existing; household income limits $116,933 single and $134,475 couple (from 1 July 2024); 2% deposit. Source
- Closed or ended
- First-home duty exemption on established homes: not available for transfers settling after 30 June 2026. The First Home Builders Boost appears only in a historic SRO fact sheet. Source
- 5% Deposit Scheme
- Open in Tasmania through Housing Australia; the caps rose on 1 October 2025; the Hobart and rest-of-state caps were not confirmed at the time of checking. Source
- Help to Buy
- Available in Tasmania (Housing Australia media release); the Tasmanian price caps and terms were not confirmed at the time of checking Source
Auctions and price guides
- Price guides
- No format rule for a price guide. Section 55 of the Property Agents and Land Transactions Act 2016 sets requirements for an agent's advertisements, and a property agent who states anything the agent knows to be false or misleading about a sale faces a fine of up to 500 penalty units Source
- Underquoting
- No separate underquoting offence confirmed; false advertising is addressed under the Property Agents Board legislation, with CBOS as the consumer regulator Source
- Reforms in train
- None on CBOS's newsroom or buying-and-selling pages: the 2026 changes listed are the Residential Tenancy Amendment (Pets) Act 2025 (from 20 March 2026) and the National Construction Code 2025 (from 1 May 2026) Source
- Vendor bids
- A vendor bid must be identified as a bid by the owner and made by the auctioneer personally; saying "vendor bid" is enough. How many are allowed was not seen Source
- Bidder registration
- Not confirmed whether bidders must register before a Tasmanian auction; the auction rules and the auction information statement are on display at each auction Source
- Cooling-off at auction
- None. A contract bought at auction cannot be made subject to conditions such as finance, and bidding accepts the contract on display. Source
The buying process
- Licence check
- Property Agents Board of Tasmania register: the agent's name, business name, place of business, licence type and expiry date Source
- Who can do the conveyancing
- Licensed conveyancers under the Conveyancing Act 2004: three-year licences, two years' experience and professional indemnity cover of at least $2 million Source
- Electronic settlement
- E-conveyancing through an approved electronic lodgement network operator began in August 2024 and covered most transfers from February 2025; the client signs an authority, or the paper process is used. Source
- Complaints
- CBOS: contact the business first, then lodge an enquiry online; a response within 5 working days. Complaints about a real estate agent's conduct go to the Property Agents Board. Source
- Solicitors
- A law practice under the Legal Profession Act 2007 is the other route to conveyancing; not yet confirmed on an official page Source
- Conveyancer register
- Consumer, Building and Occupational Services keeps a public search of licensed conveyancers (with security agents and motor vehicle traders) at the link below. Source
Who sets the rules in Tasmania
- Revenue officeState Revenue Office Tasmaniaproperty transfer duty, first-home duty relief and the First Home Owner Grant
- Consumer regulatorConsumer, Building and Occupational Services Tasmaniaagents, auctions, conveyancer licensing and complaints
- Licence registerProperty Agents Board of Tasmaniathe register of property agents, auctioneers and property managers
- LegislationTasmanian legislationProperty Agents and Land Transactions Act 2016; Conveyancing Act 2004
- Land registryLand Tasmania, Land Titles Officetitles, the conveyancing process and electronic conveyancing
- HousingHomes Tasmania (HomeShare)the HomeShare shared-equity program
- Federal schemesHousing Australiathe 5% Deposit Scheme and Help to Buy
Sources
- State Revenue Office Tasmania — checked 13 September 2026. Property transfer duty, first-home duty relief and the First Home Owner Grant.
- Consumer, Building and Occupational Services Tasmania — checked 13 September 2026. Agents, auctions, conveyancer licensing and complaints.
- Property Agents Board of Tasmania — checked 13 September 2026. The register of property agents, auctioneers and property managers.
- Tasmanian legislation — checked 13 September 2026. Property Agents and Land Transactions Act 2016; Conveyancing Act 2004.
- Land Tasmania, Land Titles Office — checked 13 September 2026. Titles, the conveyancing process and electronic conveyancing.
- Homes Tasmania (HomeShare) — checked 13 September 2026. The HomeShare shared-equity program.
- Housing Australia — checked 13 September 2026. The 5% Deposit Scheme and Help to Buy.
Facts checked 13 September 2026 · draft, awaiting review.