Land Tax Thresholds in Australia

Current land tax thresholds for each Australian state/territory, relevant for investment/land holdings, not principal place of residence.

Land tax in Australia is levied by states and territories on the unimproved value of taxable land (generally excluding principal places of residence). Thresholds represent the tax-free amount below which no land tax is payable for general (non-trust) holdings. These are typically aggregated across all taxable land owned by an individual or entity within the jurisdiction. Thresholds are often adjusted annually based on land value indices. Trusts usually have lower or no thresholds and higher rates.

  • VIC: $50,000 (frozen until 2029)
  • NSW: $1,075,000
  • QLD: $600,000 (for companies/trusts: threshold is $350,000)
  • SA: $833,000
  • WA: $300,000
  • TAS: $125,000
  • NT: N/A
  • ACT: N/A