Rates of Land Tax
Land Tax is calculated on the Assessed Land Value as shown on your Land Tax Assessment Notice.
Rates of Land Tax (from 1 July 2010)
Total Land Value
Current Tax Scale
|$0 - $24 999||Nil|
|$25 000 - $349 999||$50 plus 0.55% of value above $25 000|
|$350 000 and above||$1 837.50 plus 1.5% of value above $350 000|
Note: where two or more properties are held by one owner, the assessed land value of the properties is aggregated (added together) for each land class. Land tax is then calculated on the total (aggregated) land value.
The Office of the Valuer-General determines Assessed Land Value annually on 1 July by:
- In Council valuation districts where a revaluation is undertaken, new Land Values are determined and a Notice of Valuation sent to the property owner. The revaluation schedule is available from the Office of the Valuer-General; or
- In non-revaluation districts, market based Adjustment Factors are applied to Land Values to determine Assessed Land Value
An estimate of tax liability can be calculated using the Land Tax Calculator.
Taxpayers are required to pay their land tax:
- when their property is sold or transferred. To request a search for the amount to be paid, please complete the Land Tax Search Application Form; or
- by the 'pay by date' shown on their Land Tax Assessment Notice.