What's available to you in Tasmania
$10,000 Grant
For new homes up to $600k
$30,000 Builders
Extra grant for building your first home
Shared Equity
MyHome program with just 2% deposit
Tasmania's innovation: The most comprehensive first home buyer ecosystem in Australia. Builders can stack both grants for $40k total support - that's before any federal schemes!
National schemes you can pair with TAS
Nationwide| Scheme | Deposit | Who it suits | Key benefit |
|---|---|---|---|
| First Home Guarantee (HGS) | 5% | First home buyers (or not owned in 10 years) | Avoid LMI via government guarantee |
| Family Home Guarantee | 2% | Single parents/guardians with a dependent | No LMI; not restricted to first home |
| Help to Buy (shared equity). Try the calculator | 2%+ | Low‑to‑middle income buyers | Government equity lowers loan size and repayments |
| First Home Super Saver (FHSS) | N/A | Savers building a deposit | Tax‑advantaged savings via super |
MyHome shared equity can complement or compete with Help to Buy.
TAS Home Guarantee Scheme Property Price Caps
Updated October 2025.
See what this could mean in dollars: my free cost to complete calculator estimates TAS stamp duty, first home buyer concessions and the total cash you may need to complete a purchase at your price point.
Tasmania programs
Traditional grants
- FHOG: $10,000 for new homes.
- Builders Grant: $30,000 additional for building first home.
- Total for builders: Up to $40,000 in state grants.
- Property caps: Standard caps apply to each program.
Duty relief & shared equity
- Stamp duty relief: The 100% duty exemption for established homes up to $750k applied to settlements between 18 Feb 2024 and 30 Jun 2026.
- Status: Ended for settlements after 30 June 2026, with no extension announced at the time of writing. The state has flagged the scheme for review.
- MyHome shared equity: 2% deposit, govt contributes 30-40%.
- Both available: New and existing properties supported.
Choose your Tasmania pathway
Builder pathway
- $40k state grants (FHOG + Builders Grant)
- Plus HGS for 5% deposit/no LMI
- Plus FHSS tax-advantaged savings
- Suitable for: Custom builds, house & land
Shared equity pathway
- 2% deposit via MyHome program
- Government contributes 30-40% equity
- Lower borrowing, smaller repayments
- Suitable for: Limited deposits, any property type
Established home pathway
- Duty exemption ended for settlements after 30 Jun 2026
- No replacement announced at the time of writing
- HGS still available for 5% deposit/no LMI
- Suitable for: Existing homes, immediate purchase
Tasmania opportunities
Greater Hobart
- New developments: Northern suburbs with full grant eligibility
- Established markets: Benefit from time-limited duty relief
- Land & build: Maximise the dual grant system
- Shared equity suitable: Higher prices offset by government contribution
Regional Tasmania
- Launceston: Strong new home market with builder incentives
- Devonport/Burnie: Affordable with full benefit access
- Regional centres: All qualify for Regional HGS
- Lifestyle locations: Coastal and rural options with grants
Maximising Tasmania's comprehensive support
Pick your pathway
Choose between maximum grants (building), shared equity (lower deposit), or existing homes (immediate).
Add federal support
Tasmania qualifies for Regional HGS - pair with MyHome shared equity or Help to Buy.
Time it perfectly
Coordinate all applications and watch settlement timing for time-limited benefits like stamp duty relief.
Note: Tasmania is the only state with both substantial grants and shared equity. You can choose the combination that fits your deposit and income situation.
Important things to know
The details that matter for your Tasmania strategy
Some benefits are time-limited
The 100% stamp duty exemption for established homes ended for settlements after 30 June 2026. The state has said the scheme is subject to review, so check the current status with the State Revenue Office before you commit.
Stack grants when building
You can combine the $10k FHOG with the $30k Builders Grant for $40k total when building your first home.
Shared equity has conditions
MyHome has specific contribution ratios and exit conditions - get advice to understand the terms fully.
All of Tasmania is 'regional'
The entire state qualifies for Regional Home Guarantee Scheme - that's extra federal support on top of state programs.
Coordination is key
Multiple pathways mean careful application timing - work with advisers to sequence everything perfectly.
Navigate Tasmania's options?
With the most comprehensive support in Australia, we'll help you choose and coordinate the optimal pathway for your circumstances.
Still working it out? See how the process works, step by step, or start with the First Home Buyer Guide.