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Overview - First Home Buyers
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First Home Owner Grant (FHOG)



The First Home Owner Grant (FHOG) scheme commenced on 1 July 2000 to offset the introduction of the Goods and Services Tax.

Eligible applicants are entitled to a one-off payment of up to $7000. The grant is not means tested and there is no cap on the value an eligible home.

First Home Owner Boost (FHOB)



The Australian Government introduced a scheme, effective from 14 October 2008 to 31 December 2009, increasing the grant available to first home buyers. Eligible first home buyers can receive up to an additional $7000 on top of the First Home Owners Grant.

Information on eligibility criteria for FHOG and FHOB and applying for FHOG and FHOB.

Further Information



If you wish to purchase a property in another State or Territory, the application and payment process may vary from the process in Tasmania. First Home Owner Grant information for other States or Territories external link icon

State Taxes



Duty



Duty (previously known as “stamp duty”) is a form of taxation charged by the State Government, under the Duties Act 2001 external link icon, when someone acquires an interest in property, usually by buying a property. Normally, duty must be paid by the purchaser/transferee within three months of the dutiable transaction. A duty concession may be available to first home buyers.

Land tax



When you buy or acquire a property, the person(s) selling or transferring the property must pay any unpaid land tax and they will need to obtain an Estimate of Liability at Settlement Date (EOLSD) to determine how much, if any, needs to be paid.

Land Tax 2011-12 Summary brochure PDF icon


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