Land Tax Rates & Thresholds QLD

You can use our Free Online Land Tax Calculator to calculate how much land tax you can expect to pay.

From the Office of State Revenue (OSR) QLD:

What is land tax?

Land tax is a tax on freehold land. For land tax purposes ‘land’ includes:

  • vacant land 
  • land that is built on
  • lots in building unit plans
  • lots in group title plans
  • lots in a time share scheme
  • lots owned by a home unit company.

Land tax is assessed on the taxable value of an owner's total land-holdings. The State Revenue Office QLD will add up the value of all land that you own in Queensland at 30 June. The taxable value will be the total value of your land, less any exemptions that you have claimed.

Land tax is a state tax. If you own land in another state, it is advised you to contact that state’s tax office for information on your obligations and entitlements.

Rates for individuals (other than absentees, companies or trusts)

Taxable value

Rate of tax

$0–$599,999

$0

$600,000–$999,999

$500 plus 1 cent for each $ more than $600,000

$1,000,000–$2,999,999

$4,500 plus 1.65 cents for each $ more than $1,000,000

$3,000,000–$4,999,999

$37,500 plus 1.25 cents for each $ more than $3,000,000

$5,000,000 and over

$62,500 plus 1.75 cents for each $ more than $5,000,000

Source: Office Of State Revenue Queensland