Victoria Land Tax Calculator
See how much land tax you could pay each year in Victoria for the 2026 land tax year, including the COVID debt levy and the absentee owner surcharge.
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Land tax in Victoria at a glance
- Assessment
- 2026 land tax year
- Tax-free threshold
- $50,000
- Top marginal rate
- 2.65%
- Absentee owner surcharge
- 4%
Your home (principal place of residence) is exempt. Land tax applies to investment and holiday property, on total taxable land value.
Source: Victoria revenue office
Your figures
Your land
Choose the location and enter the taxable land value.
Use the land (site) value from your valuation or assessment notice, not the property price. Add together the land values of every taxable property you own in this state. Your own home is generally exempt.
Choose the ownership type and whether the owner is foreign or absentee.
Estimates only, not financial or legal advice. Land tax rates, thresholds, exemptions, and aggregation and grouping rules change and vary with individual circumstances. Always confirm with the relevant state revenue office before relying on a figure.
Your result
What land tax costs in Victoria
An individual holding taxable land in VIC, at three land values, under the rates above.
| Land value | Land tax a year | Share of land value |
|---|---|---|
| $70,000 | $500 | 0.71% |
| $110,000 | $975 | 0.89% |
| $380,000 | $1,590 | 0.42% |
Land value means the unimproved site value of all your taxable land added together, which is well below what the properties would sell for. These figures assume the land is not your home, since your principal place of residence is exempt, and that you are not a foreign owner. Companies and trusts are assessed differently in some states. Estimates only, not an assessment.
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Frequently asked questions
How is land tax calculated in Victoria?
Victoria taxes total landholdings above $50,000, the lowest general threshold in the country. Flat charges of $500 (from $50,000) and $975 (from $100,000) apply, then marginal rates from 0.3% up to 2.65% above $3 million. These figures include the temporary COVID debt levy, which is legislated to run to 2033. Your holdings are assessed at midnight 31 December.
Is my home exempt from Victorian land tax?
Yes. Your principal place of residence is exempt, and the exemption is normally applied automatically. Land tax applies to investment properties, holiday homes and commercial land, on their aggregated (combined) site value.
How are trusts and absentee owners taxed in Victoria?
Land held in most trusts is taxed on a surcharge scale, with a $25,000 threshold and higher rates up to $3 million. Above $3 million, the general scale takes over. Absentee owners pay an additional 4% of taxable land value on top of either scale.