QLD Land Tax Calculator 2025
Calculate your annual Queensland land tax liability. Updated with 2025–26 rates. Tax-free threshold: $600,000 for individuals.
How Queensland Land Tax Works
Land tax in Queensland is administered by the Queensland Revenue Office (QRO). It is an annual tax on the taxable value of land you own in Queensland, excluding your principal place of residence. Queensland's $600,000 threshold for individuals sits in the middle of the range compared to other states.
Importantly, Queensland assesses land tax based on ownership at midnight on 30 June — the end of the financial year — rather than 31 December as in most other states. Assessment notices are typically issued from October each year.
QLD Land Tax Rates 2025–26 (Individuals)
- $0 – $600,000: Nil (tax-free threshold)
- $600,001 – $1,000,000: $500 + 1.0% of amount over $600,000
- $1,000,001 – $3,000,000: $4,500 + 1.65% of amount over $1,000,000
- Above $3,000,000: $37,500 + 2.0% of amount over $3,000,000
Principal Residence Exemption
Your home is exempt from Queensland land tax provided you are an individual and the land is your principal place of residence. You must apply for the home exemption through the Queensland Revenue Office. If you own multiple properties, only one can qualify for the principal residence exemption.
Companies and Trusts
Companies and trustees are subject to different thresholds and rates in Queensland. The threshold for companies and trusts is $350,000 — significantly lower than the $600,000 individual threshold. If you hold Queensland investment property in a company or trust, you will likely be subject to land tax at a lower entry point.
Assessment Date — 30 June
Unlike NSW and VIC where the assessment date is 31 December, Queensland uses 30 June. This means if you purchase a Queensland investment property and settle after 30 June, you will not be liable for Queensland land tax until the following financial year. Conversely, selling before 30 June avoids the current year's assessment.