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Free Calculator · QLD FY 2025-26 · Queensland Revenue Office

Land Tax Calculator Queensland

Queensland assesses land tax annually on the aggregate unimproved value of all QLD land you hold at midnight on 30 June.

Reviewed by the Vestly team
Updated June 2026Methodology

Your QLD land holding

$

The unimproved (site) value of ALL investment land you hold in QLD. PPOR excluded.

Trusts and companies face different thresholds in QLD.

Owner status

QLD annual land tax

$2,500

QLD individual land tax ($600,000+ threshold)

Notes

  • QLD aggregates taxable land values across all properties you own in QLD.

You'll pay this every year

Land tax is an annual deductible expense, and it climbs as you add QLD property. Vestly aggregates your land values automatically, flags threshold cliffs before they hit, and files land tax into your EOFY deduction pack.

Track land tax across your portfolio

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How QLD land tax works

The Queensland Revenue Office (QRO) administers Queensland land tax. Unlike most states, QLD uses a 30 June assessment date (FY-aligned). Companies and trustees face a lower $350,000 threshold versus the $600,000 individual threshold.

Threshold

$600,000 for individuals. $350,000 for companies, trustees, and absentees.

Assessment date

Midnight on 30 June each year

Queensland land tax brackets (FY 2025-26)

Queensland land tax brackets effective FY 2025-26
Taxable land valueAnnual tax
$0 - $600,000Nil (individual threshold)
$600,001 - $1,000,000$500 + 1.0% over $600,000
$1,000,001 - $3,000,000$4,500 + 1.65% over $1,000,000
$3,000,001 - $5,000,000$37,500 + 1.25% over $3,000,000
$5,000,001 - $10,000,000$62,500 + 1.75% over $5,000,000
$10,000,001+$150,000 + 2.75% over $10,000,000

Source: Queensland Revenue Office - land tax rates

Worked example

A Queensland investor holding $800,000 of aggregate unimproved land value in QLD pays approximately $2,500 in annual QLD land tax (individual schedule, no foreign-owner surcharge).

PPOR (main residence) exemption

Your principal place of residence is exempt from QLD land tax. Primary production land is also exempt. Mixed-use properties (e.g. shopfront with residence above) may be partially exempt.

Trusts, companies, and SMSFs

QLD companies and trustees face a $350,000 threshold (versus $600,000 individual). Same bracket shape from the threshold up. The 2022-23 multi-jurisdictional aggregation policy was repealed before commencement - QLD now only aggregates QLD land for QLD residents.

Foreign-owner surcharge

QLD does not levy a separate foreign-owner LAND tax surcharge (absentees fall on to the lower-threshold company / trustee schedule). The 8% Additional Foreign Acquirer Duty (AFAD) applies to stamp duty, not land tax.

Due dates and how to pay

Notices issue from August. Pay in one lump or 3 instalments over 6 months. QRO accepts BPAY, direct debit, credit card (fee applies), and Australia Post.

Common questions

How is QLD land tax calculated for a $800,000 investor land value?

Sitting in the $600,001 - $1,000,000 bracket: $500 + 1.0% of ($800,000 - $600,000) = $500 + $2,000 = $2,500 per year.

Did Queensland not try to tax interstate land in 2022?

Yes - the multi-jurisdictional aggregation rule was passed but never commenced. After backlash from other states (especially NSW), QLD repealed it before the 1 July 2023 start date. Only QLD land is now aggregated.

Why do companies pay more land tax in QLD?

Companies, trustees, and absentees use a $350,000 threshold (vs $600,000 individual) - the bracket shape is otherwise identical. SMSFs typically follow the trustee schedule.

Are SMSFs treated as trustees in QLD?

Yes - the SMSF trustee holds the land as trustee, so the $350,000 trustee threshold applies. This commonly catches SMSF property holdings that would be threshold-exempt for individuals.

When is QLD land tax payable?

In one lump sum 60 days after notice issue, or in three instalments over 6 months. Set up via the QRO online portal.

Are short-stay accommodation properties taxable?

Yes - if you let the property short-term (Airbnb etc.) it is not your PPOR and counts toward your taxable land. Multi-jurisdictional Airbnb portfolios get aggregated.

Investing across multiple states?

Land tax is assessed per state, with different thresholds, rates, and surcharges. Compare all 8 jurisdictions side-by-side on the National Land Tax Calculator page.

Verified May 2026. Source: Queensland Revenue Office. Indicative. Land tax is assessed by Queensland Revenue Office based on unimproved capital value. This calculator is not financial advice.

Track QLD land tax across your portfolio

Vestly aggregates your QLD land values automatically as you add properties, surfaces threshold cliffs before they hit, and flags surcharge eligibility. $9.90 per active property a month, GST included.

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