Land tax in Queensland
Key rules at a glance
| Tax-free threshold | $600,000 for individuals; $350,000 for companies and trusteesSource: Queensland Revenue Office |
|---|---|
| Rate | $500 + 1 cent per $1 above $600,000 up to $1m; 1.65 cents per $1 from $1m–$3m; rising in higher bracketsSource: QRO |
| Assessment date | Land owned at midnight on 30 JuneSource: QRO |
| Companies/trusts | Lower threshold and higher rate scale than individualsSource: QRO |
How it works in Queensland
Queensland gives individuals a relatively generous $600,000 tax-free threshold, above which land tax starts at $500 plus one cent per dollar of the excess and rises through higher brackets. Companies and trustees face a much lower $350,000 threshold and a steeper scale. Land is assessed on what you own at midnight on 30 June. Queensland briefly legislated a controversial interstate-land valuation rule but shelved it, so only Queensland land is counted.
Queensland Revenue Office — Land TaxFrequently asked questions
What is the Queensland land tax threshold?▾
$600,000 of taxable land value for individuals, and $350,000 for companies and trustees. Below the threshold no land tax is payable.
When is Queensland land tax assessed?▾
On the land you own at midnight on 30 June each year. Assessments are usually issued in the following months.
How much is land tax in QLD above the threshold?▾
For individuals it starts at $500 plus one cent per dollar above $600,000, rising to higher cents-per-dollar rates in the brackets above $1m, $3m, $5m and $10m.
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Last reviewed 9 June 2026
Figures reflect the 2025–26 financial year and tenancy laws in force as at mid-2026. State rules change often — always confirm the current figure with the linked authority before you rely on it.
This is general information for Australian landlords, not legal, financial, or tax advice. PropAlly is a software provider, not a law firm, accountant, or licensed adviser. Verify your obligations with the relevant state authority or a qualified professional.