Tasmania

Tasmanian First Home Owner Grant

A first home owner grant is available to eligible applicants who purchase or build a new home in Tasmania from 1 July 2016. A new home is a home that has not previously been occupied or sold as a place of residence and includes kit homes. 

The amount of the grant is determined by the date that the eligible transaction commenced:

• Transactions commencing from 1 July 2024 will be eligible for $10 000.
• Transactions that commenced between 1 April 2021 and 30 June 2024 will be eligible for $30 000.
• Transactions that commenced between 1 July 2016 and 31 March 2021 will be eligible for $20 000.

Eligibility

To apply for the grant you must meet all relevant eligibility requirements.

When you apply for the grant your application must include all owners on title (the applicants). All applicants must comply with the applicant eligibility criteria. 

The applicant(s) must:

• be a natural person (not a company or trust);
• 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 Australia citizen or permanent residence); and
• occupy the home as their principal place of residence for a continuous period of at least six months commencing within 12 months of completion of an eligible transaction.

Applicant(s) are not eligible as first home owners, if they (or their spouse*) have: 

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

* A spouse includes someone to whom you are legally married or are in a significant relationship with. For the definition of a significant relationship refer to the Relationships Act 2003 legislation.

More Information:

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