Victoria compliance

Victoria land tax

Thresholds, rates, surcharges + exemptions for FY26. Administered by SRO Vic.

Threshold

$50,000 general (post-Jan 2024)

Rate

Sliding scale; $500-$975 + 0.2-2.65% bracketed

Surcharges

Foreign owner 4%; absentee owner 4%; Vacant Residential Land Tax 1-3% (state-wide from 2025)

Assessment date

Midnight 31 December

Exemptions

PPR, primary production, charitable, retirement village

Payment

Annual single payment or instalments via SRO Vic

Recent change

COVID Debt Levy + threshold reduction to $50K from 2024. VRLT state-wide from 2025.

FAQ

What is the Victoria land tax threshold?
$50,000 general (post-Jan 2024)
What is the Victoria land tax rate?
Sliding scale; $500-$975 + 0.2-2.65% bracketed
Are there foreign owner surcharges?
Foreign owner 4%; absentee owner 4%; Vacant Residential Land Tax 1-3% (state-wide from 2025)
What exemptions apply?
PPR, primary production, charitable, retirement village
When is land tax assessed?
Midnight 31 December
View SRO VicOfficial guidance ↗Victoria payroll tax →Victoria stamp duty →