Land tax in Tasmania
Key rules at a glance
| Tax-free threshold | $125,000 of taxable land valueSource: State Revenue Office Tasmania |
|---|---|
| Rate | Graduated; 1.5% on land value above $500,000Source: SRO Tasmania |
| Assessment date | Land owned as at 1 JulySource: SRO Tasmania |
| Foreign surcharge | A foreign investor land tax surcharge applies to land owned by foreign personsSource: SRO Tasmania |
How it works in Tasmania
Tasmania's land tax kicks in above a $125,000 threshold, with a middle band and a top rate of 1.5% applying to land value above $500,000. Land is assessed as at 1 July, and your principal residence is exempt. A foreign investor land tax surcharge applies to land held by foreign persons, on top of the standard scale.
State Revenue Office Tasmania — Land TaxFrequently asked questions
What is the Tasmanian land tax threshold?▾
$125,000 of taxable land value. Above that a graduated scale applies, reaching 1.5% on the value above $500,000.
When is Tasmanian land tax assessed?▾
On the land you own as at 1 July each year. Your main residence is exempt from land tax.
Is there a foreign owner surcharge in Tasmania?▾
Yes. A foreign investor land tax surcharge applies to land owned by foreign persons, in addition to the standard land tax scale.
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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.