Land tax around Australia

Yes.  I can hear you complaining.  How boring is land tax?  Well you will find it intensely interesting if you understand the thresholds and consider the implications when making your next property purchase.

Outlined below are land tax thresholds for each State and Territory.  Of course, you will need to obtain advice from your accountant about your specific situation  and discuss the thresholds when considering your next property purchase.

Note that these thresholds are for individuals and normally excludes the principal place of residence.  Buying in other structures (SMSFs, companies, trusts) will often have lower thresholds or even none at all in some cases.

qld-land-tax

land-tax-nsw-2017

 

act-land-tax

tas-land-tax

sa-land-tax

wa-land-tax

There is no land tax in the Northern Territory.

 

Buy smarter = limitless ways to build lifetime income

Crave Property Advisory is a unique property strategy and buyers agent service. As the only independent and unbiased advisory that can help you use any property strategy Australia-wide, Crave’s services extend to home, investment and commercial property.  A highly client focused organization, Crave developed the Modular Investing System (MI System) to provide clients with the ability to use a tailored mix of strategies and efficiently build profitable portfolios that create lifetime income. 

Debra Beck-Mewing is the CEO of Crave Property Advisory, and has more than 20 years’ experience in property investing, Australia-wide. She has used a range of strategies to build her property portfolio including renovating, granny flats, sub-division and development. Debra is skilled in identifying development opportunities, and sourcing properties that have multiple uses and multiple exit strategies. A licensed real estate agent, Debra also holds a Bachelor of Commerce and Master of Business.

Follow us on facebook.com/CravePropertyAdvisory for regular updates, or book in for a strategy session to discuss your property questions.

Disclaimer – This information is of a general nature only and does not constitute professional advice.  We strongly recommend you seek your own professional advice in relation to your particular circumstances.

 

 

 

 

 

Trackback from your site.

Leave a comment

As featured in...

Your investment property
Property Observer
The Real Estate Conversation
The MP Report