VIC land tax
Victoria land tax calculator
Estimate annual land tax for an individual owner using the State Revenue Office Victoria's current general rates.
Estimated land tax: $0 per year
Uses site values set by the Valuer-General Victoria. Excludes exemptions, trust, company, absentee and foreign surcharges. Estimate only — check with the State Revenue Office Victoria.
VIC land tax rates for individuals
General rates for the 2024–2033 land tax years. Source: State Revenue Office Victoria, checked 13 October 2026.
| Total taxable value | Land tax |
|---|---|
| Under $50,000 | Nil |
| $50,000 to under $100,000 | $500 |
| $100,000 to under $300,000 | $975 |
| $300,000 to under $600,000 | $1,350 + 0.3% of amount over $300,000 |
| $600,000 to under $1,000,000 | $2,250 + 0.6% of amount over $600,000 |
| $1,000,000 to under $1,800,000 | $4,650 + 0.9% of amount over $1,000,000 |
| $1,800,000 to under $3,000,000 | $11,850 + 1.65% of amount over $1,800,000 |
| $3,000,000 and over | $31,650 + 2.65% of amount over $3,000,000 |
Examples at general rates
- $500,000 taxable land: $1,950 a year
- $800,000 taxable land: $3,450 a year
- $1,200,000 taxable land: $6,450 a year
- $2,000,000 taxable land: $15,150 a year
How VIC land tax works
Land tax is assessed on the combined value of all taxable land you own in Victoria at midnight 31 December of the previous year, not on each property separately. A second investment property can push you into a higher band.
Exemptions and surcharges
- Your principal place of residence and primary production land are exempt.
- Trusts have a $25,000 threshold and pay trust surcharge rates.
- Absentee owners pay a surcharge, and vacant residential land tax may apply.
- If you sell during the year, you remain responsible for that full year's land tax.
Land tax when you buy or sell
Land tax can affect settlement adjustments and the buyer's searches. Your conveyancer checks for outstanding land tax before settlement. DJR Conveyancing offers fixed-fee conveyancing across QLD, NSW and VIC. Get an instant quote.
Other states: Queensland · New South Wales · VIC stamp duty calculator
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