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  4. Land Tax Rates & Thresholds VIC

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