Rates current as at 2026-08-03
Victoria Land Tax Calculator - and the year you'll cross the threshold
Victoria taxes investment land from just $50,000 of site value - the lowest threshold of any state. $500 flat at the bottom, climbing to 2.65% at the top, COVID debt levy included.
- Rates verified
- 2026-08-03
- Source
- SRO Victoria
- Threshold
- $50,000
Your land holdings
Land tax this year (general rates)
$1,950/yr
$500,000 taxable land value is $450,000 over the $50,000 threshold.
The crossing year
You're already over the threshold.
The current table is legislated for the 2024-2033 land tax years with COVID debt levy charges baked in until 30 June 2033.
Land tax is one line of the deal. The full audit carries it through every year of the projection, including the year the threshold is crossed.
Deal Auditor - in build, not yet available
General rates and threshold (SRO Victoria source). Trusts pay a surcharge scale from just $25,000, absentee owners pay a 4% surcharge on their total taxable value, and vacant residential land attracts a separate 1% to 3% tax on capital improved value - none of that is modelled here. Estimates only - confirm your assessment with SRO Victoria.
How Victoria land tax works
Victoria assesses land tax each 31 December on the combined site value of your non-exempt land - your home excluded. The scale starts lower than anywhere else in the country: a flat $500 from just $50,000 of site value, $975 from $100,000, then marginal rates that step from 0.3% up to 2.65% above $3 million. Those figures include the COVID Debt Repayment Plan charges that run until 30 June 2033.
Because the threshold is so low, the Victorian question is rarely whether you pay but how fast the bill grows - $500,000 of site value costs $1,950 a year, $1,100,000 costs $5,550, and the marginal rate roughly doubles through the middle of the scale. Trusts are hit harder still, with a surcharge scale from $25,000. Our Deal Auditor carries the land tax line through the full 10-year projection - this page is the standalone Victorian check.
Land tax is the holding cost - the purchase-day tax is stamp duty, and Victoria has its own scale for that too: the Victoria stamp duty calculator shows what the same property costs on the way in.
Frequently asked questions
How is land tax calculated in Victoria?
On the combined site value of all non-exempt Victorian land you own at midnight 31 December. From $50,000 to under $100,000 it is a flat $500; from $100,000 a flat $975; then marginal rates from 0.3% climbing to 2.65% above $3 million. A $500,000 holding pays $1,950 a year, and $1,100,000 pays $5,550 - the figures include the COVID debt levy that runs to 30 June 2033.
What is the Victorian land tax threshold?
$50,000 of site value - the lowest general threshold in Australia, down from $300,000 before 2024. Even a modest regional block can now generate a bill: the flat $500 charge starts at $50,000 and becomes $975 from $100,000. Trusts have a separate surcharge scale that starts at just $25,000.
Is my home exempt from Victorian land tax?
Yes - your principal place of residence is exempt, including while under construction or renovation in most cases. The tax falls on investment properties, holiday homes and commercial land, assessed on site value, not the property's market price.
What is the COVID debt levy on Victorian land tax?
Temporary charges legislated for the 2024 to 2033 land tax years: the $500 and $975 flat charges at the bottom of the scale and an extra 0.1 percentage points on marginal rates from $300,000. They are already included in every figure this calculator shows, and are due to end after the 2033 land tax year.
Is this an official assessment?
No - it is an estimate from the rates published by the State Revenue Office Victoria, current as at the date shown. Your assessment depends on Valuer-General site values and your ownership structure. Confirm with the SRO.