Free investor tool
VIC land tax calculator
Work out the yearly land tax on investment land in Victoria at the 2026 rates for individuals, and see how the same land value compares in every other state.
Updated · Free, no sign-up
| State or territory | Land tax per year | Per week |
|---|---|---|
| Northern Territory | $0 | $0 |
| South Australia | $1,320 | $25 |
| New South Wales | $2,100 | $40 |
| Western Australia | $4,810 | $93 |
| Victoria | $6,450 | $124 |
| Queensland | $7,800 | $150 |
| Tasmania | $12,238 | $235 |
| Australian Capital Territory | $14,878 | $286 |
VIC land tax rates 2026
Rates for individuals, as at 24 October 2026.
| Total taxable land value | Land tax per year |
|---|---|
| $0 to $49,999 | Nil |
| $50,000 to $99,999 | $500 flat |
| $100,000 to $299,999 | $975 flat |
| $300,000 to $599,999 | $1,350 plus 0.3% of the value over $300,000 |
| $600,000 to $999,999 | $2,250 plus 0.6% of the value over $600,000 |
| $1,000,000 to $1,799,999 | $4,650 plus 0.9% of the value over $1,000,000 |
| $1,800,000 to $2,999,999 | $11,850 plus 1.65% of the value over $1,800,000 |
| Over $3,000,000 | $31,650 plus 2.65% of the value over $3,000,000 |
Source: official VIC land tax rates. Trusts, companies and foreign owners can pay more.
Buying in VIC?
Land tax is a yearly holding cost. Stamp duty is the one-off cost when you buy, and it differs just as much between states.
Land tax in other states
Thresholds, rate tables and worked examples for each state and territory. Tax shown is for $1,000,000 of investment land held by an individual.
- NSW land tax calculatorNew South Wales$0 a year at $1,000,000
- QLD land tax calculatorQueensland$4,500 a year at $1,000,000
- WA land tax calculatorWestern Australia$2,730 a year at $1,000,000
- SA land tax calculatorSouth Australia$320 a year at $1,000,000
- TAS land tax calculatorTasmania$9,238 a year at $1,000,000
- ACT land tax calculatorAustralian Capital Territory$12,378 a year at $1,000,000
- NT land tax calculatorNorthern TerritoryNo land tax
How it works
How land tax works in Victoria
Victoria taxes total taxable land from $50,000, the lowest threshold in the country. Flat amounts of $500 and $975 apply up to $300,000, then a sliding scale runs from 0.3% to 2.65% of the value above $3,000,000. Because the threshold is so low, most Victorian investment properties pay some land tax.
Land tax is charged on the land value only, not the building, and your home is generally exempt. At $1,000,000 of land, VIC ranks 6 of 8 states and territories from cheapest to most expensive. Because we buy wherever the numbers suit your strategy, land tax is one of the holding costs we weigh when choosing a market.
The numbers are one part of the decision
We look at the figures alongside growth drivers, vacancy, supply and how a property fits your borrowing and portfolio plans, then choose the market that suits your strategy, wherever it is in Australia. See how we buy investment property.
FAQ
Common questions
How much is land tax on $1,000,000 of land in VIC?
About $4,650 a year for an individual at 2026 rates. On $500,000 it is about $1,950, and on $2,000,000 about $15,150.
What is the land tax threshold in VIC?
$50,000 of total taxable land for an individual. Victoria taxes total taxable land from $50,000, the lowest threshold in the country. Flat amounts of $500 and $975 apply up to $300,000, then a sliding scale runs from 0.3% to 2.65% of the value above $3,000,000. Because the threshold is so low, most Victorian investment properties pay some land tax.
Do I pay land tax on my home?
Generally no. Your principal place of residence is exempt, so land tax mainly affects investment properties, holiday homes and vacant land.
Do trusts and companies pay more?
Often. Several states apply lower thresholds or higher rates to land held in trusts, and foreign owners usually pay a surcharge. This calculator uses the rates for individuals; check the official rates for other owners.
Is this financial advice?
No. It is a general estimate to help you compare options. It does not consider your personal circumstances, and results depend on the figures you enter. Check them with your accountant, mortgage broker or financial adviser before you act.
More calculators
All resourcesStamp duty calculator
Transfer duty on an investment property in every state and territory, side by side, at 2026-27 rates.
Property purchase costs calculator
The total cash you need to buy: deposit, stamp duty, legal fees, inspections, loan and government fees.
LMI calculator
Estimate lenders mortgage insurance when you borrow more than 80% of a property's value, and the deposit that avoids it.
Mortgage repayment calculator
Weekly, fortnightly or monthly repayments, total interest, and how much time and interest extra repayments save.
Rental yield calculator
Gross and net rental yield, the full cost breakdown, and weekly cash flow after interest.
Investment property calculator
Rental income, every holding cost and loan repayments, for the weekly and yearly cash flow of an investment property.
Want us to run the numbers with you?
Book a free discovery call. We act only for the buyer and buy across Australia.
Book a free discovery call