VIC Land Tax Calculator 2026
Estimate Victorian land tax for the 2026 land-tax year from the combined taxable site value of non-exempt land. The bands below are the official SRO Victoria current rates for 2024–2033, which already include the temporary COVID Debt Repayment Plan.
Estimate your 2026 land tax
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Notes
How Victorian land tax is worked out
Land tax is charged on the Valuer-General site value of taxable Victorian land you held at midnight on 31 December 2025. You pay for the whole 2026 calendar year. Buildings are ignored. A qualifying home is usually exempt.
The general threshold is $50,000. Below that, ordinary land tax is nil. From $50,000 the published COVID-inclusive bands apply. Trusts generally start at $25,000. The optional absentee owner surcharge is 4% of the taxable value once that same threshold is reached.
VIC general land tax rates 2026
| Total taxable value | Land tax payable |
|---|---|
| Below $50,000 | Nil |
| $50,000 to below $100,000 | $500 |
| $100,000 to below $300,000 | $975 |
| $300,000 to below $600,000 | $1,350 + 0.3% of the excess |
| $600,000 to below $1,000,000 | $2,250 + 0.6% of the excess |
| $1,000,000 to below $1,800,000 | $4,650 + 0.9% of the excess |
| $1,800,000 to below $3,000,000 | $11,850 + 1.65% of the excess |
| $3,000,000 and over | $31,650 + 2.65% of the excess |
These are the official SRO current rates for 2024–2033. The temporary COVID Debt Repayment Plan is already in the figures. Trust surcharge rates start at $25,000. Absentee owner surcharge is a separate 4% extra.
Frequently Asked Questions
What is the Victorian land tax threshold for 2026?
SRO Victoria’s current-rate table applies for the 2024 to 2033 land-tax years, including 2026. General land tax is nil below $50,000. From that point the published bands apply, and they already include the temporary COVID Debt Repayment Plan amounts.
Most trusts are assessed from $25,000. Tick the trust option only if the trust surcharge table applies to the land you entered.
What is the COVID debt levy on Victorian land tax?
From the 2024 land-tax year through 30 June 2033, the COVID Debt Repayment Plan is built into the official rates: a $500 flat amount from $50,000, $975 from $100,000, and from $300,000 ($250,000 for trusts) a further 0.10 percentage point on the rate. This calculator uses those published combined bands. It does not invent a separate pre-2024 split.
How does the absentee owner surcharge work?
An absentee person, absentee corporation or absentee trust generally pays an extra 4% on the taxable site value, on top of general or trust land tax. The surcharge does not apply below the same threshold as the table you are using. Australian citizens and permanent residents who live overseas are not treated as absentees. From 1 January 2026, New Zealand citizens follow the same absentee rules as other foreign citizens.
Is my home included?
A principal place of residence is usually left out of ordinary Victorian land tax. Enter the combined site value of non-exempt land you held at midnight on 31 December 2025. Confirm exemptions with SRO Victoria before you rely on a figure.
Is this the same as stamp duty?
No. Land tax is an annual holding charge. Land transfer duty is paid when you buy. Use the Victoria stamp duty calculator for purchase costs.