Tallyroo.

New South Wales · Land tax

NSW land tax calculator

This land tax calculator for NSW works out your annual bill for the 2026 tax year — assessed on the land you owned at midnight 31 December 2025 — using the frozen thresholds, the premium rate and the special trust rules, straight from Revenue NSW.

2026 tax year rates · verified

Rates verified against the official sources — how we check.

The combined land value of all your taxable NSW land (Revenue NSW averages up to three years of values per property) — not purchase prices, and not your exempt home.

The land is owned by…

Your tally

Land tax at general rates$6,900
Annual land tax$6,900

That's an effective 0.46% of your taxable land value, each year.

Estimate for standard holdings. Exemptions (home, primary production and others), joint ownership and grouping rules change the result — confirm with Revenue NSW.

The threshold is frozen — and that pulls more owners in every year.

The 2024–25 NSW Budget froze the tax-free threshold at $1,075,000 and the premium threshold at $6,571,000 permanently. They used to rise with land values each year; now, as values climb, owners who were safely under the line drift over it without buying anything new.

How New South Wales land tax works

Land tax in NSW is an annual tax on the total land value of everything taxable you owned at midnight 31 December — the 2026 tax year looks at 31 December 2025. It uses land values from the Valuer General (averaged over up to three years), not market prices, and your principal place of residence is generally exempt. In practice it lands on investment properties, holiday homes, commercial land and vacant blocks.

One threshold applies to your combined total, not per property. Cross $1,075,000 and you pay $100 plus 1.6 cents for every dollar above it; cross the $6,571,000 premium threshold and the rate on the excess doubles to 2%. Special (discretionary) trusts get no threshold at all — which is why holding structure matters so much in NSW.

NSW land tax rates — with the threshold

NSW land tax rates — with the threshold — New South Wales land tax scale
Taxable valueLand tax
Up to $1,075,000Nil
$1,075,000 – $6,571,000$100 + 1.6% of the value over $1,075,000
Over $6,571,000$88,036 + 2% of the value over $6,571,000

Individuals, companies and fixed trusts with disclosed beneficiaries.

NSW land tax rates — special trusts

NSW land tax rates — special trusts — New South Wales land tax scale
Taxable valueLand tax
Up to $6,571,000$100 + 1.6% of the whole value
Over $6,571,000$105,236 + 2% of the value over $6,571,000

Discretionary trusts: no tax-free threshold.

Land tax in NSW — quick answers by value

Annual land tax at each taxable value, computed by the same tested engine as the calculator:

Land tax in NSW at a range of land values
Taxable land valueIndividual / companySpecial trust
$800,000Nil$12,900
$1,000,000Nil$16,100
$1,075,000Nil$17,300
$1,200,000$2,100$19,300
$1,500,000$6,900$24,100
$2,000,000$14,900$32,100
$3,000,000$30,900$48,100
$5,000,000$62,900$80,100

Worked examples

  • Individual with one rental on $900,000 of land value — under the $1,075,000 threshold, so no land tax. (The family home never counted.)
  • Individual with two rentals totalling $1,500,000 of land value: $100 + 1.6% × $425,000 = $6,900 a year.
  • The same land in a discretionary trust: no threshold, so $100 + 1.6% × $1,500,000 = $24,100 a year — $17,200 more for the same dirt.
  • Foreign owner of a $1,500,000 residential holding: $6,900 land tax + $75,000 surcharge = $81,900 a year.

Land tax is one line of the annual holding picture — the negative gearing calculator shows the after-tax cost of the whole thing, since land tax is generally deductible against rent. Buying? The LMI calculator covers mortgage insurance over 80% LVR, and the CGT calculator covers the day you eventually sell.

Frequently asked questions

What is the land tax threshold in NSW for 2026?
The general threshold is $1,075,000 of total land value, and the premium threshold is $6,571,000. Both are frozen at their 2024 levels — the 2024–25 Budget ended annual indexation, so they stay put even as land values rise.
How is land tax calculated in NSW?
On the combined land value of all your taxable NSW land at midnight 31 December, using the average of up to three years of Valuer General values. Above $1,075,000 you pay $100 plus 1.6% of the excess; above $6,571,000 the excess is taxed at 2% ($88,036 + 2%). Example: $1,500,000 of land value costs $100 + 1.6% × $425,000 = $6,900.
Do I pay land tax on my home in NSW?
Generally no — land you use as your principal place of residence is exempt, whatever it is worth. Land tax mainly reaches investment properties, holiday homes, commercial property and vacant land.
How are trusts taxed for NSW land tax?
Special (discretionary) trusts get no tax-free threshold: they pay $100 plus 1.6% from the first dollar of land value, and 2% above the premium threshold. Fixed trusts whose beneficiaries are disclosed can qualify for the normal threshold.
What is surcharge land tax for foreign owners?
Foreign persons pay an extra 5% of the taxable value of residential land (up from 4% in 2024) on top of ordinary land tax — with no threshold, so it applies from the first dollar. Australian citizens and most permanent residents are not foreign persons.
When are NSW land tax assessments issued?
Liability is fixed by what you own at midnight 31 December; Revenue NSW issues assessment notices from early in the new year. You must register for land tax once you cross the threshold — an unregistered liability can be backdated with interest.

Keep tallying

Sources

Prefer the method itself? See how to calculate land tax. Rates last verified 2026-08-28 for the 2026 land tax year. General information only — not financial, legal or tax advice.