First Home Buyer Grant Tasmania (2025): How to Claim the $30,000 FHOG and Save on Stamp Duty

Mathew Heywood

14 Jul 2025 — 4 min read

Introduction

Have a fondness for moving to Tassie? Your timing couldn’t be better as the state of Tasmania has just reinstated their $30,000 First Home Owner Grants in June 2025, making it one of the most generous state schemes available for first home buyers.

If you were like my cousin buying their first home at the beginning of the year just outside of Hobart, you would have only received $10,000 from FHOG or if you were like my friend who hadn’t bothered to check his eligibility with a broker you would have lost out on $10,000 or $30,000 compared to today’s benefit.

This guide will show you exactly how to navigate the TAS FHOG as of July 2025, who qualifies, how to apply and how to maximise your benefits combining schemes such as stamp duty savings and other national support buyer schemes.

What is the First Home Owner Grant (FHOG) in Tasmania?

A $30,000 grant given to eligible first time home buyers for building or buying a brand home.
This is available for newly built homes, off-the-plan purchases and owner-builders.
This grant is not eligible for established homes or homes that have been previously lived in before.
Property must be in Tasmania and used as your principal residence.
You must live in the home for at least 6 months within 12 months of settlement or completion.
Was just extended this month - Ends 30th of June 2026 (Unless extended again)

Who is Eligible for the FHOG in Tasmania?

You must be a first home buyer and have never owned a property in Australia before.
Must be an Australian Citizen or Permanent Resident.
Must be at least 18 years of age
The property must be a new home and never previously sold or lived in.
Must be your principal place of residence for at least 6 months.
Your application must be submitted within 12 months of settlement or completion.

Stamp Duty Concessions for First Home Buyers in Tasmania

Eligible first time home buyers receive 50% off their stamp duty as a discount for homes up to $600,000.
Stamp duty discount can apply to established and new homes - unlike FHOG.
Property also must be your principal residence.
You must apply for this at the time of property transfer.
The maximum savings given by stamp duty discount is $11,250.
This can be used with or without FHOG as long as you meet criteria.

What Properties Qualify for the FHOG in TAS

Newly built homes (never occupied before and must be completed)
Off-the-plan purchases.
Owner-builder homes.
Kit Homes and modular homes (must never be previously lived in)
Must be located in Tasmania and your principal residence.
Unlike other states there is no official price cap on property price as long as its reasonable to market value.

How to Apply for the FHOG in Tasmania?

We always suggest applying through a broker (better option) or bank.
Alternatively you can apply directly to the State Revenue Office of Tasmania (SRO)
Grant is typically paid at settlement or first drawdown on a construction loan.
Application must be made within 12 months of completion or settlement.

Documents needed :

Proof of ID.
A signed contract for sale or building.
Occupancy Statement
Evidence of progress payments (for builds)

Common Pitfalls for First Home Buyers in TAS

Assuming you qualify for grants on established homes - must be new.
Forgetting to occupy the residence for at least 6 months within 12 months of settlement or completion.
Missing the 12 month deadline to submit your application.
Not applying for the 50% stamp duty concession at the time of settlement.
Buying or applying without a professional like a mortgage broker.

How to Maximise First Home Benefits In Tasmania.

Make sure to target brand new homes when looking to purchase your first home if you want to qualify for the $30,000 FHOG.
You can still utilize the stamp duty discount if you don't qualify for FHOG.
You can stack the First Home Guarantee to avoid LMI and qualify for a 5% deposit.
If you want to control your budget choose turnkey builds or fixed-price packages.
Always work with a broker familiar with Tasmania grants and regional banks.

Real Life Example : How Max and Grace Bought Their First Home in Launceston

Max and Grace were first-time buyers who built a $550,000 turnkey home in Launceston.

Here is a breakdown of their benefits:

Received the $30,000 FHOG when construction commenced.
Qualified for the 50% stamp duty discount, saving them over $8,500.
Bought the land with a 5% deposit and used their grant to cover builders' deposits.
Their mortgage broker handled all the grants and paperwork on their behalf.
Moved in within a month after completion and fulfilled the six-month residency requirement to be eligible.

Their total savings was slightly over $40,000 when everything was settled and done, allowing them to properly budget their desired build to their liking.

Conclusion: How worth it is to consider Tasmania and the First Home Owner Grant?

Tasmania is probably one of the top 3 states when it comes to benefits for First Time Home Buyers. With a FHOG of $30,000, grant duty savings and other applied federal benefits this state flexes savings of over $40,000 on average.

If you want to calculate your savings with our free calculator or get more free information and guides like this? Visit www.homebuyerhelp.com.au to get every resource you need to buy your first home informatively without paying for a buyer agent!