Land tax (Victoria)
An annual tax imposed by the State Revenue Office Victoria on the site value of land owned in Victoria above a threshold, plus a temporary COVID debt levy surcharge in effect from 2024.
Victorian land tax is assessed annually on the total taxable value of land a person owns in Victoria at midnight on 31 December. The principal place of residence is generally exempt, and several other exemptions exist including primary production land and certain charitable uses.
From the 2024 land tax year, Victoria introduced a temporary COVID debt levy, lowering the general threshold and adding fixed and variable charges on top of the standard land tax. Absentee owners and trusts attract surcharge rates.
A separate vacant residential land tax applies to residential properties in specified council areas that are unoccupied for more than six months in a calendar year, with expansion to all of Victoria from 2025. Thresholds and rates change each year — use the State Revenue Office as the primary source.
Primary source
State Revenue Office Victoria — Land tax →Last reviewed 15 April 2026. Rates, thresholds, and deadlines change — always verify against the primary source before making decisions.