Guides · Land tax · Updated 2026-07-13

Land tax by state: annual holding cost compared (2026)

Land tax is the recurring cost that quietly separates the states: the NT levies none at all, while the same land value can attract thousands a year elsewhere. These figures are computed by Plintha’s land-tax engine at each state’s general rates for a single holding.

Annual land tax, state by state

Annual land tax on investment land (single holding, general rates)
State$400,000$750,000$1,500,000
NSW$0$0$6,900
VIC$1,650$3,150$9,150
QLD$0$2,000$12,750
WA$300$1,125$6,250
SA$0$0$2,820
TAS$1,288$5,488$16,738
NT$0$0$0
ACT$4,938$9,278$18,628
Single-property, general rates. Aggregation across holdings, trust surcharges and absentee surcharges can increase the bill materially.

Why apartments often escape it

Land tax applies to the land component only. A house on a full block can carry most of its value in land; an apartment’s share of land value is a small fraction of its price — often below the tax-free threshold entirely.

Common questions

Is your own home subject to land tax?+

Generally no — principal places of residence are exempt in every state. Land tax is chiefly a cost of holding investment property.

Run the numbers on a real property.

Paste any listing and Plintha computes the exact duty, the after-tax cashflow under the 2026–27 rules, and a verdict — free, no card, no sign-up.

Analyse a property — free

This guide is general information, not financial, tax, credit or legal advice — it doesn't consider your objectives, financial situation or needs. Figures are computed at the rates current as of the date shown and can change. Confirm decisions with licensed professionals.