Land Tax Threshold

The minimum total taxable land value before annual land tax kicks in — varies by state.

The land tax threshold is the value of taxable land you can own before any land tax is payable. As at FY2025–26: NSW $1,075,000; VIC $50,000 (or $300,000 in trusts before surcharge); QLD $600,000 for individuals; SA $755,000; WA $300,000; TAS $124,999; ACT no threshold (applies to all rentable property). Thresholds typically apply to the aggregated land value across all taxable property you own in that state.