Land value and land tax
Land value refers to the worth of the land on its own. Each state's valuer sets it. Site value, unimproved value, and capital improved value are explained, along with a lookup for each state.
| State or territory | Land value used | Threshold |
|---|---|---|
| New South Wales | Average of the last three land values | $1,075,000 |
| Victoria | Site value | $50,000 |
| Queensland | Taxable value of all your freehold land at 30 June | $600,000 |
| Western Australia | The lesser of the current unimproved value or 150% of last year's | $300,000 |
| South Australia | Total taxable site value | $936,000 |
| Tasmania | Total assessed land value | $125,000 |
| Australian Capital Territory | Average unimproved value over up to 5 years | No threshold |
| 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 |