First Home Owner Grant Tasmania
$20,000 for eligible first home buyers who buy or build a new home in Tasmania in 2026-27.
What the grant is
The First Home Owner Grant is a one-off payment from the Tasmanian Government to first home buyers who buy or build a new home. For eligible transactions that start between 1 July 2026 and 30 June 2027 the grant is $20,000. The temporary $30,000 grant ended on 30 June 2026.
Who can get it
The State Revenue Office of Tasmania decides eligibility. In broad terms:
- You are buying or building your first home in Australia
- At least one applicant is an Australian citizen or permanent resident
- You are a person, not a company or trust, and aged 18 or over
- The home is new: never lived in or sold as a residence before
- You will live in it as your main home for a continuous period soon after completion
Established homes do not qualify.
When it is paid
If you apply through an approved lender, the grant is usually paid at settlement for a purchase, or with the first progress payment for a build. That timing matters, because some lenders count the grant towards the funds you need and some do not. We check before you sign a building contract.
What it doesn’t cover
The grant is not a deposit on its own. Most lenders still want to see savings of your own. And the transfer duty exemption for established homes has ended, so if you switch from a new build to an established home you lose the grant and pay duty. Run both scenarios in the stamp duty calculator.
Questions people ask
Can I get the grant on a house and land package?
Yes, eligible house and land packages and off-the-plan purchases can qualify, as long as the home is new and the contract falls inside the dates.
Can I combine it with the 5% Deposit Scheme?
Often, if you meet both sets of rules and the price is under the scheme cap.
My partner has owned a home before. Do we qualify?
Generally not. The grant is for buyers where no applicant or their spouse has owned a home before. The State Revenue Office makes the final call.
General information, last updated November 2026. Scheme figures, lender policies and duty rates change, so confirm them before you rely on them. Sources: State Revenue Office of Tasmania.
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