Land tax is an annual state-based tax charged at the end of each calendar year with each Australian State or Territory having their own rules and thresholds. The types of properties that are covered by land tax could include residential or commercial rental properties, vacant land and holiday homes.
Often the structure in which you purchase the property will also affect the rate of land tax.
In most casess, your principal place of residence will be land tax free.
| STATE | BASE % | SURCHARGE | OTHER | THRESHOLD |
| ACT | 1.14% | 0 | 0 | 0 |
| NORTHERN TERRITORY | 0 | 0 | 0 | 0 |
| NEW SOUTH WALES | 1.6% – 2% | 4% foreign | 0 | $969,000 $5,295,000 $0 (disc trust) |
| QUEENSLAND | 2.75% | 2% foreign/absent | 0 | $600,000 individuals $350,000 co. & trusts |
| SOUTH AUSTRALIA | 2.4% | 2.4% blind trusts | 0 | $534,000 |
| TASMANIA | 1.5% | 2% foreign | 0 | $100,000 |
| VICTORIA | 2.55% | 4% absent | 1% vacant | $300,000 $25,000 trusts |
| WESTERN AUSTRALIA | 2.67% | 0 | 0 | $300,000 |