Land tax guide — Victoria
Land Tax in Victoria (2026)
Annual land-tax thresholds and marginal investor rates for Victoria, with estimated yearly tax at a range of land values. Sourced from the State Revenue Office Victoria schedule reviewed 2026-07-09. General information, not advice.
Important context
2024–2033 general scale. Tax applies from $50,000 of taxable value (the research file's '$300,000 general threshold' is inconsistent with the sourced rate table, which charges $500 from $50,000 — the table is used here). Trust and absentee surcharge rates are higher and not modelled.
Estimated annual land tax on $750,000 of land
$3,150
single-property estimate for an individual investor; your real bill aggregates all of your taxable land in Victoria
Thresholds & surcharges in Victoria
- Tax-free threshold
- $50,000
- Foreign-owner surcharge
- None currently recorded
No land tax on the first $50,000 of taxable land value; marginal rates apply above it.
Estimated annual land tax by land value
Annual tax for an individual investor at a range of land values in Victoria. These are LAND (site/unimproved) values, not purchase prices — a sale price must be split into its land component before it can be used here.
| Land value | Estimated annual tax |
|---|---|
| $300,000 | $1,350 |
| $500,000 | $1,950 |
| $750,000 | $3,150 |
| $1,000,000 | $4,650 |
| $1,500,000 | $9,150 |
Single-property estimate only. Land tax is assessed on the combined value of ALL of your taxable land in Victoria, so the real annual bill is typically higher once you own more than one investment property.
Land tax by state
Compare the thresholds and rates across Australia:
Related guides
- Stamp Duty in Victoria — the upfront transfer duty on purchase, which pairs with annual land tax in your holding-cost maths.
- Investment Property Strategies — rentvesting, interstate investing, and how land tax shapes where your deposit works hardest.
- Property Investment Deposit Guide — the 20% rule, LMI trade-offs, and the purchase costs (stamp duty + land tax) that feed into the cash you need.
See what your budget actually reaches
The tables above show headline annual land tax. Plug your income, debts, and deposit in for a tailored purchase-price picture — including the ongoing holding costs your state charges — in minutes.
Start the free questionnaireFAQ — land tax in Victoria
How much annual land tax will I pay in Victoria?
It depends on the total taxable land value you hold in Victoria. On a single property with $750,000 of land value, the estimated annual land tax for an individual investor is roughly $3,150 (per the State Revenue Office Victoria schedule reviewed 2026-07-09). That is a single-property estimate — your real assessment aggregates ALL of your taxable land in the state, so the bill is typically higher if you own more than one investment property.
Is my principal residence exempt from land tax in Victoria?
Yes — in every state that levies land tax, your owner-occupied home (principal place of residence) is generally exempt. Land tax targets INVESTMENT properties and vacant residential land. Some states also grant a primary-production (farm) exemption. Confirm exemptions and any partial-relief rules against the State Revenue Office Victoria schedule reviewed 2026-07-09.
Does Victoria charge foreign investors extra land tax?
No foreign-owner land-tax surcharge is currently recorded for Victoria. Confirm against the State Revenue Office Victoria schedule reviewed 2026-07-09.
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Source: State Revenue Office Victoria (land-tax schedule), reviewed 2026-07-09. Tax computed from the published marginal bracket table — results are ESTIMATES (single-property, individual-owner; the real assessment aggregates all of your taxable land in Victoria). 2024–2033 general scale. Tax applies from $50,000 of taxable value (the research file's '$300,000 general threshold' is inconsistent with the sourced rate table, which charges $500 from $50,000 — the table is used here). Trust and absentee surcharge rates are higher and not modelled.