Rates
Victorian land tax rates, with worked examples
For land held by individuals and companies, Victorian land tax starts at $50,000 of total taxable value and rises through eight brackets to 2.65% above $3 million. These rates apply for the 2024 to 2033 land tax years.
The general rates
| Total taxable value | Land tax payable |
|---|---|
| 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% over $300,000 |
| $600,000 to under $1,000,000 | $2,250 + 0.6% over $600,000 |
| $1,000,000 to under $1,800,000 | $4,650 + 0.9% over $1,000,000 |
| $1,800,000 to under $3,000,000 | $11,850 + 1.65% over $1,800,000 |
| $3,000,000 and over | $31,650 + 2.65% over $3,000,000 |
What that means at common values
| Total taxable value | Land tax per year |
|---|---|
| $250,000 | $975 |
| $500,000 | $1,950 |
| $750,000 | $3,150 |
| $1,000,000 | $4,650 |
| $1,500,000 | $9,150 |
| $2,000,000 | $15,150 |
| $3,000,000 | $31,650 |
| $5,000,000 | $84,650 |
These figures are our arithmetic on the published table.
Three things the table does not show
- It is charged on your total. The value of all your taxable Victorian land is added together first. Your home is exempt.
- Trusts pay more. Land held in a trust is taxed on a separate surcharge table. See land tax rates for trusts.
- Other charges can stack on top. The absentee owner surcharge and vacant residential land tax are separate.
Sources
Checked against the sources above on 14 November 2026. 中文版
Check your own numbersFree. 30 seconds. No sign-up.General information only, not tax, legal or valuation advice. Investor Sums is operated by Goldina Group Pty Ltd, ABN 47 684 636 315. Latest · About · For professionals · Privacy · Terms · hello@investorsums.com.au. Found a mistake? Email us and we will correct it.