King Island Subdivision Scheme

Before proceeding with your application, please ensure you are eligible.

You must meet all the eligibility criteria to apply for a grant.

Ownership

1. Applicants must be the owner(s) of the land which is the subject of the application and their name must be on the title (please note, only a property search by the Land Titles Office will be accepted as evidence of ownership).
   
   
2. All interested parties (i.e. all title holders) must be named as applicants.
   
   
3. Applicants that are natural persons must be aged over 18 years.
   
   Eligible developments
   
   
4. ‘Lots’ are vacant parcels of land for which there is a single title arising from a subdivision. It does not include strata titles. The maximum number of lots for which a rebate can be claimed is 12.
   
   
5. A rebate may relate to multiple stages and/or developments, but cumulative funding may not exceed the maximum rebate allocation, of $25,000 per lot, for 12 lots.
   
   
6. The minimum claim per lot is $5,000.
   
   
7. The maximum cumulative number of lots that can be claimed by any given applicant, including where they apply jointly with other applicants or across several developments, is 12.
   
   
8. Only one grant agreement will be issued per development approval (i.e., per council permit).
   
   
9. The development approval must not have been used for a prior approved grant agreement under the program, or the Residential Land Rebate program.
   
   
10. The development must be within the King Island Council Local Government Area, on land zoned residential, which is land where residential use is classed as ‘Permitted’ or ‘No Permit Required’. 
        
11. Claimed lots must be brought to market (see definition of ‘bringing to market’) within 18 months of the date the grant funding agreement is signed. The process must be on commercial terms and at arm’s length from the developer.
    
    Eligible costs
    
    
12. Grants can be claimed for eligible costs directly related to:
    • The construction or installation of, or connection to, eligible utilities for the lot/s.
    • Other works reasonably required to undertake the development of the lot/s, including but not limited to the construction and installation of road and stormwater infrastructure.
      
      
13. The eligible utilities are:
    • electrical distribution.
    • telecommunications networks, including the National Broadband Network.
    • water and sewerage infrastructure (including septic and rainwater tanks).
      
      
14. Eligible costs are those which have been incurred and paid in full on or after 1 January 2025. They must be related to the lots which are the subject of the grant, and may include:
    • design
    • materials
    • civil works and labour
    • air and sea freight within King Island, and between King Island and an Australian port
    • air and sea transport of specialist labourers between King Island and an Australian port
      
      
15. Applicants will be required to identify the lots which are the subject of the grant agreement in their application.
    
    
16. At the time of application, the applicant must have already incurred and paid in full at least $5,000 of eligible costs per lot. 
    
    
17. If your first instalment is less than $25,000 per lot, you can claim your remaining grant allocation in up to four ‘further instalments’. Further instalments will be paid upon submission of evidence that you have incurred further eligible costs. There is no minimum or maximum amount for a further instalment, except that it must not exceed your remaining grant allocation. These instalments must be claimed within 18 months of the date of the grant funding agreement.

Program administration

1. To be eligible, the applicant must provide all information and evidence reasonably requested by the Department of State Growth (the Department). This includes evidence of a valid planning permit for the development from the King Island Council.
   
   
2. Applications will only be accepted when they are complete and made using the approved form made available by the Department.
   
   
3. The program will close on 29 May 2026 or when the program’s funding allocation has been fully allocated, whichever occurs first. No further applications will be accepted after this time. Applications will be assessed in order of receipt.
   
   
4. State Growth may consider the reputation of the applicants, and the conduct of the applicants in relation to any other grant programs managed by the Tasmanian Government, when assessing their eligibility for a grant.
   
   
   

Definitions

Bringing to market: State Growth defines ‘bringing to market’ to mean; advertising vacant land through a medium or process through which it is listed for sale, and more than one person can bid for that land, for a price that implies a level of commerciality.