Concessions and Exemptions for Property Transfer Duties

In this Topic

  • Duty concession for first home buyers of established homes
    Provides a 50 per cent concession on property transfer duty for first home buyers of established homes with a property value of $400 000 or lower. The concession is available for the period between 7 February 2018 and 30 June 2019 (inclusive) for homes that settle (transfers that complete) within that period.
  • Duty concession for pensioners downsizing to a new home
    Provides a 50 per cent property transfer duty concession between 10 February 2018 and 30 June 2019 (inclusive) to eligible pensioners who sell their former home in Tasmania and downsize to a new home in Tasmania valued at $400 000 or lower. (Note: the concession has been extended to 30 June 2020, but is subject to the gazetting of a Ministerial Order).
  • Personal Relationships
    Duty exemptions available when property is transferred between partners in a marriage, a significant relationship or a caring relationship.