QLD land tax calculator
Land tax in Queensland on the general rates for individuals, current rates for individuals.Total taxable value at 30 June, from your land tax or valuation notice.
Land tax a year
$4,500
- General land tax
- $4,500
- Of the land value
- 0.45%
General rates for individuals, current rates for individuals. These are the rates for individuals. Companies, trusts and absentees have different thresholds and rates. Your home is usually exempt. Queensland Revenue Office issues the actual assessment.
How land tax works in QLD
In Queensland, individuals pay land tax when the total taxable value of their land is $600,000 or more. The top rate is 2.25% above $10,000,000. Your home is usually exempt.
These are the rates for individuals. Companies, trusts and absentees have different thresholds and rates.
QLD land tax rates
| Taxable land value | Land tax |
|---|---|
| Less than $600,000 | Nil |
| From $600,000 | $500 plus 1% of the value over $600,000 |
| From $1,000,000 | $4,500 plus 1.65% of the value over $1,000,000 |
| From $3,000,000 | $37,500 plus 1.25% of the value over $3,000,000 |
| From $5,000,000 | $62,500 plus 1.75% of the value over $5,000,000 |
| From $10,000,000 | $150,000 plus 2.25% of the value over $10,000,000 |
Land tax at common land values
| Land value | Land tax a year | Of the value |
|---|---|---|
| $500,000 | $0 | 0% |
| $750,000 | $2,000 | 0.27% |
| $1,000,000 | $4,500 | 0.45% |
| $1,500,000 | $12,750 | 0.85% |
| $2,000,000 | $21,000 | 1.05% |
| $3,000,000 | $37,500 | 1.25% |
| $5,000,000 | $62,500 | 1.25% |
Source
Rates from Queensland Revenue Office. Check your assessment with them, especially for land held in a trust or company, or by a foreign owner.