Victoria Land Tax for Investors

Easily estimate how much land tax you’ll pay in Victoria before buying your next investment property. A step-by-step guide for smart property investors form PropMax.com.au.

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Land Tax Victoria Guide for Property Investors

If you’re investing in Victoria, land tax might’ve once felt like a deal breaker. Especially when rates crept up. Some investors packed up and left. But most experienced property investors now see land tax in Victoria as just another holding cost — like insurance or maintenance. And if it’s an investment property, land tax is 100% tax-deductible.

Put simply: land tax is an annual charge based on the combined Site Value of all your Victorian properties — excluding your home. These values are assessed by the Valuer-General as of 31 December each year and form the basis for the next year’s land tax bill.


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Table of Content


Step 1. Land Tax Rules in Victoria — Start Here

Before diving into any land tax calculator VIC, get across the official info first. Head to the State Revenue Office Victoria - Land Tax page. And if you’re building a solid investment property portfolio, loop in your accountant for tax-smart planning.

What you need to know before calculating:

  • Which year the land tax applies to
  • If the property is owned in a trust
  • The combined Site Value of all taxable land you own in Victoria
  • Your Absentee Owner status (more on that below)

Step 2. How to Get Your Property’s Site Value

Whether you’re estimating land tax on a Victoria investment property or running the numbers before purchase — you’ll need to get the Site Value first.

🔍 Option 1: Check Council Valuation Notice

  • If you already own the property, grab your Council Rates & Valuation Notice
  • No access? Ask the agent during your inspection
  • Look for the Site Value (SV) field — e.g. $460,000

💻 Option 2: Use Landata to Order a Valuation Report

No paperwork? No worries. Use Landata to order a digital valuation report for ~$11 AUD. Perfect for pre-purchase checks.

Steps:

  1. Visit Landata’s Property Reports page
  2. Click Order Now and enter the address
  3. Confirm the correct property
  4. Select Valuation Report
  5. Log in, pay ~$11, and download the PDF
  6. Open the PDF and look for Site Value — like this:

Step 3. Are You an Absentee Owner?

For most investors living in Australia full-time, the answer is no.

But if you’re an overseas investor — or an Aussie living permanently abroad — you may be hit with the absentee owner surcharge on top of standard land tax. To be safe, check the official Absentee Owner Surcharge page.


Step 4. Land Tax Rules for Trusts

Buying or holding a Victorian investment property in a trust? You’ll likely pay higher land tax rates than individual owners. Trust rates start from just $25,000 in site value, so don’t get caught out.

Always confirm with your accountant or double-check current land tax trust rates.


Step 5. Use a Land Tax Calculator (VIC)

Once you have:

  • The total Site Value
  • Whether your structure is personal or trust
  • Your absentee status

you’re ready to crunch the numbers and try super-simple Land Tax Calculator for Victoria at PropMax.com.au 👇

Victoria Land Tax Calculator (2025)

-

Combined Site Value: $0

Holding Structure: Individual

Absentee Owner: No


Estimated Land Tax: $0.00

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Frequently Asked Questions