Tasmania

Tasmanian First Home Owner Grant

A First Home Owner Grant is available to eligible first home buyers who purchase or build a new home in Tasmania from 1 July 2016. A new home is classified as a home that has not previously been occupied or sold as a place of residence and includes kit homes.

A $30,000 grant is available for transactions that commence between 1 April 2021 and 30 June 2023.

A $20,000 grant is available for transactions that commence between 1 July 2016 and 31 March 2021.

When you apply for the grant you must include all owners on title (the applicants). To apply for the grant you must meet all eligibility requirements.

The applicant(s) must:

• Be a natural person (not a company).
• Be 18 years old or over.
• Be an Australian citizen or permanent resident (if more than one applicant only one applicant is required to be an Australian citizen or permanent resident).
• Occupy the home as your principal place of residence for a continuous period of at least six months commencing within 12 months of completion on an eligible transaction.

Applicant(s) are not eligible as first home owners if they (or their spouse/domestic partner) have:

• Owned a residential property in Australia before 1 July 2000;
• Have owned and occupied a residential property for more than six months in Australia after 1 July 2000; or
• Have received the first home owner grant before.

More Information:

https://www.sro.tas.gov.au/first-home-owner/eligibility