Land Tax in Queensland — Rates, Thresholds & Calculator 2026
Everything you need to know about land tax in QLD for the 2025-26 financial year, including current rates, thresholds, exemptions, and surcharges.
Overview
Queensland has a $600,000 threshold for individuals and applies marginal rates from 1% up to 2.25%. Queensland taxes taxable land owned in Queensland; the proposed interstate-landholding model was not implemented. Queensland also applies a 2% foreign owner surcharge.
The threshold for individuals is $600,000 for 2025-26. Companies and trusts have a lower threshold of $350,000. Above the threshold, marginal rates apply.
| Land Value From | To | Marginal Rate |
|---|---|---|
| $0 | $600,000 | Nil |
| $600,001 | $1,000,000 | 1.0% |
| $1,000,001 | $3,000,000 | 1.65% |
| $3,000,001 | $5,000,000 | 1.25% |
| $5,000,001 | $10,000,000 | 1.75% |
| $10,000,001 | and above | 2.25% |
How Land Is Valued in QLD
Queensland uses the unimproved value of land as determined by the Valuer General. This reflects the value of the land in its natural state, without any improvements such as buildings, landscaping, or drainage works. Valuations are typically issued annually.
Revenue Body
Queensland Revenue Office
Assessment Date
30 June each year. Ownership at midnight on 30 June determines your land tax liability for the following financial year.
Aggregation Rules
Queensland aggregates taxable land owned in Queensland under the same ownership. Interstate land is not included in the current calculation.
Exemptions
- Principal place of residence (PPOR)
- Primary production land
- Charitable and religious land
- Moveable dwelling parks (with conditions)
- Supported accommodation
- Land below the tax-free threshold
Surcharges
Foreign Owner Surcharge
A 2% foreign owner surcharge applies to foreign individuals, corporations, and trusts that own residential land in Queensland. This is in addition to standard land tax rates.
Absentee Owner Surcharge
Queensland does not have a separate absentee owner surcharge for land tax.
Other Notable Rules
Queensland land tax is assessed on Queensland taxable land using ownership at midnight on 30 June. Companies and trustees have lower thresholds than individuals, and foreign owners may also pay the 2% surcharge.
Land Value
$800,000
State
QLD
Annual Land Tax
$2,500 per year
Calculation
Taxable amount = $800,000 - $600,000 = $200,000. Tax = $500 + ($200,000 x 1.0%) = $2,500.
Queensland's $600,000 threshold and strong rental yields have made it a popular destination for interstate investors, particularly from NSW and Victoria.
Investors should still model Queensland land tax carefully because companies, trusts and foreign owners can face different thresholds or surcharges. Despite this, Queensland remains attractive due to its relatively high threshold compared to Victoria's $50,000.
Frequently Asked Questions
Does Queensland tax interstate landholdings?
No. Queensland currently assesses land tax on taxable Queensland land. The proposed interstate-landholding model was announced but not implemented, so interstate land is not included in the current Queensland land tax calculation.
What is the land tax threshold in QLD for individuals?
The land tax threshold for individuals in Queensland is $600,000 for 2025-26. Companies and trusts have a lower threshold of $350,000. If your total taxable land value in Queensland is below the threshold, no land tax is payable.
Is there a foreign owner surcharge in Queensland?
Yes. Foreign individuals, companies, and trusts that own residential land in Queensland pay a 2% surcharge on top of the standard land tax rates. This surcharge applies to the full taxable value of the land.
When is land tax assessed in Queensland?
Land tax in Queensland is assessed based on ownership at midnight on 30 June each year. This differs from most other states which use 31 December. The assessment determines your land tax liability for the following financial year.
Calculate Your QLD Land Tax
Enter your total taxable land value and get an instant calculation of your Queensland land tax liability. Compare with other states to see where your money goes furthest.
Related Calculators & Guides
Land Tax by State
Information is for the 2025-26 financial year and is general in nature. Rates, thresholds, and surcharges may change. Land tax rules are complex and depend on your specific circumstances including ownership structure, property use, and residency status. Always consult a qualified tax professional or your state revenue office for advice specific to your situation.