Work out the yearly land tax on an investment property in NSW, VIC, QLD, WA, SA, TAS, the ACT or the NT. See how the bill changes if the land is owned by you, a family trust, a unit trust, a company or an SMSF. Free, no sign-up, and the rates are checked against each state revenue office.
Current rates for NSW, VIC, QLD, WA, SA, TAS, the ACT and the NT, checked against each state revenue office.
See the same land owned by you, a family trust, a unit trust, a company or an SMSF, side by side.
Adds foreign owner surcharges, trust rates, the Perth metro levy in WA and the ACT fixed charge where they apply.
Send us your numbers and a registered tax agent will look at land tax, stamp duty and income tax together.
Each state sets its own land tax scale. Most start with a tax-free threshold, then charge a set amount plus a percentage of the land value above each step:
Land tax = amount for your bracket + (land value – start of bracket) x rate
For example, an individual in Victoria with taxable land worth $1,000,000 pays $4,650 a year. The same land held in a family trust pays $8,163, because Victoria charges trusts a higher scale.
Things that change the answer:
| State | Individual | Family trust | Company or SMSF |
|---|---|---|---|
| NSW | $0 | $16,000 | $0 |
| VIC | $4,650 | $8,163 | $4,650 |
| QLD | $4,500 | $12,500 | $12,500 |
| WA | $1,750 (plus $980 Perth metro levy) | $1,750 | $1,750 |
| SA | $320 | $5,320 | $320 |
| TAS | $9,237.50 | $9,237.50 | $9,237.50 |
| ACT | $12,378 | $12,378 | $12,378 |
| NT | No land tax | No land tax | No land tax |
Yearly land tax on $1,000,000 of taxable land, no other land in the state, not your home, Australian owner. Rates checked 27 October 2026. Each state has its own rules for unit trusts, so use the calculator for your situation.
Land tax is a yearly state tax on land you own, usually worked out on the land you hold at a set date (31 December in NSW and Victoria, 30 June in Queensland, WA and SA, 1 July in Tasmania, and each quarter in the ACT). It is charged on the land value, not the price of the house or unit. The Northern Territory has no land tax.
Usually not. Every state with land tax exempts your principal place of residence, as long as you meet its conditions. Land tax is mainly a cost of investment properties, holiday homes and vacant land.
Several states tax trusts on a higher scale. NSW charges most trusts 1.6% with no tax-free threshold, Victoria has a trust surcharge, Queensland taxes companies and trusts from $350,000 instead of $600,000, and SA has its own trust rates. Some unit trusts can use general rates if they meet the state’s rules, so get advice before you choose a structure.
In most states, no. The state adds up all the taxable land the same owner holds in that state and charges land tax on the total, so a second or third property can push you into a higher bracket. The ACT is different: it charges each residential property separately.
Yes, in most states. The surcharge is 5% in NSW, 4% in Victoria, 3% in Queensland, 2% in Tasmania and 0.75% in the ACT, on top of normal land tax. WA, SA and the NT do not charge a foreign owner surcharge. The definition of a foreign person differs between states, including for trusts and companies.
Generally yes. Land tax on a property that is rented out, or genuinely available for rent, is usually deductible against your rental income. Land tax on your home or a holiday home you don’t rent out is not. We can check this when we prepare your tax return.
Buying, holding or restructuring property? Book a free consultation with a registered tax agent about land tax, stamp duty and the best structure for you.
Nanak Accountants & Associates
Registered tax agent 26113345
