Owning Property · Koste Knowledge Base
How Land Tax Works for Property Investors in Australia
Quick Answer
Land tax is a state-based tax in Australia, levied annually on the combined unimproved value of taxable properties owned. Each state and territory has its own thresholds and rates, which can significantly impact your investment returns. Understanding these rules, including exemptions and thresholds, is crucial for effective property tax planning.
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Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai