Land Tax Rates & Thresholds VIC
You can use our Free Online Land Tax Calculator to calculate how much land tax you can expect to pay.
2009 – 2011 Land Tax Rates Victoria
2009 – 2011 General Rates
Total taxable value of landholdings | Land tax payable |
< $250,000 | Nil |
$250,000 to < $600,000 | $275 plus 0.2% of amount > $250,000 |
$600,000 to < $1,000,000 | $975 plus 0.5% of amount > $600,000 |
$1,000,000 to < $1,800,000 | $2,975 plus 0.8% of amount > $1,000,000 |
$1,800,000 to < $3,000,000 | $9,375 plus 1.3% of amount > $1,800,000 |
$3,000,000 and over | $24,975 plus 2.25% of amount > $3,000,000 |
2009 – 2011 Surcharge Rates for Trusts
Total taxable value of landholdings | Land tax payable |
< $25,000 | Nil |
$25,000 to < $250,000 | $82 plus 0.375% of amount > $25,000 |
$250,000 to < $600,000 |
$926 plus 0.575% of amount > $250,000 |
$600,000 to < $1,000,000 |
$2,938 plus 0.875% of amount > $600,000 |
$1,000,000 to < $1,800,000 | $6,438 plus 1.175% of amount > $1,000,000 |
$1,800,000 to < $3,000,000 | $15,838 plus 0.7614%* of amount > $1,800,000 |
$3,000,000 and over | $24,975 plus 2.25% of amount >$3,000,000 |
* The surcharge phases out for landholdings in excess of $1.8 million. For landholdings valued at or over $3 million, the surcharge is zero and the normal marginal rate applies.
Source: State Revenue Office Victoria