Land tax on investment property
Land tax applies to investment and commercial property based on the land value above the threshold. Costs for a shop, an apartment, or a rental in each state.
| State or territory | Threshold | First band | Top rate |
|---|---|---|---|
| New South Wales | $1,075,000 | $100 plus 1.6% above the threshold | 2% |
| Victoria | $50,000 | $500 flat | 2.65% |
| Queensland | $600,000 | $500 plus 1% above the threshold | 2.25% |
| Western Australia | $300,000 | $300 flat | 2.67% |
| South Australia | $936,000 | 0.5% above the threshold | 2.4% |
| Tasmania | $125,000 | $50 plus 0.45% above the threshold | 1.5% |
| Australian Capital Territory | No threshold | $1,778 plus 0.54% | 1.26% |
| Northern Territory | No land tax | ||
Sources: Revenue NSW, State Revenue Office Victoria, Queensland Revenue Office, RevenueWA, RevenueSA, State Revenue Office Tasmania, ACT Revenue Office, Territory Revenue Office.
Each revenue office
| State or territory | Official page |
|---|---|
| New South Wales | Revenue NSW: land tax thresholds and rates |
| Victoria | State Revenue Office Victoria: land tax current rates |
| Queensland | Queensland Revenue Office: land tax rates for individuals |
| Western Australia | RevenueWA: land tax assessment |
| South Australia | RevenueSA: land tax rates and thresholds |
| Tasmania | State Revenue Office Tasmania: rates of land tax |
| Australian Capital Territory | ACT Revenue Office: land tax calculation method |
| Northern Territory | NT Government: land taxes |