Guide
Land tax on more than one property in Victoria
Victorian land tax is charged on the combined taxable value of all the land you own in the state, so each property you add is taxed at a higher rate than the last. Two properties with site values of $520,000 and $930,000 cost $8,700 a year together, against $6,240 if each were assessed alone.
Why it works this way
Your assessment uses the total taxable site value of the land you own. The rate table is progressive, so the total pushes you into higher brackets than any single property would.
The worked example
| Site value | Tax if assessed alone | |
|---|---|---|
| Unit | $520,000 | $2,010 |
| House | $930,000 | $4,230 |
| Added separately | $6,240 | |
| Assessed together | $1,450,000 | $8,700 |
The difference is $2,460 a year. This is our arithmetic on the published general rates, for land held by an individual or company.
What it means for checking a valuation
Because the last dollars of value are taxed at your highest rate, a reduction on any one property saves tax at that top rate. In the example the total sits in the 0.9% bracket, so every $100,000 taken off either valuation saves $900 a year.
How you hold property, for example in different names or in a trust, changes the result. That is a question for a registered tax adviser, not for a calculator.
Sources
Checked against the sources above on 14 November 2026. 中文版
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