Land Tax Queensland 2026-27: Rates, Thresholds and Calculator Guide

Queensland's land tax applies to investment properties, commercial land, and vacant land — but not your principal residence. The threshold for individual investors is $600,000 in taxable land value. Companies and trusts face a lower threshold of $350,000, which catches many investors who hold property through family trusts.

Use the Land Tax Calculator to estimate your Queensland land tax liability.

Quick answer: The QLD land tax threshold is $600,000 for individuals, $350,000 for companies and trusts. On $800,000 taxable land value (individual), the 2026-27 bill is $2,000. Foreign investors pay an additional 3% surcharge on total land value.

Queensland land tax rates and thresholds 2026-27

Source: Queensland Revenue Office, qro.qld.gov.au. Rates shown are for individuals. Different thresholds and rates apply to companies and trusts.

Individuals

Taxable land value	Annual land tax
Under $600,000	Nil
$600,001 – $1,000,000	1.0% of amount above $600,000
$1,000,001 – $3,000,000	$4,000 + 1.65% of amount above $1,000,000
$3,000,001 – $5,000,000	$37,000 + 1.25% of amount above $3,000,000
$5,000,001 – $10,000,000	$62,000 + 1.75% of amount above $5,000,000
Over $10,000,000	$149,500 + 2.75% of amount above $10,000,000

Companies and trusts

Taxable land value	Annual land tax
Under $350,000	Nil
$350,001 – $2,450,000	1.0% of amount above $350,000
$2,450,001 – $4,800,000	$21,000 + 1.65% of amount above $2,450,000
Over $4,800,000	$59,775 + 2.75% of amount above $4,800,000

Assessment date: 30 June each year. Your Queensland land tax liability is based on taxable land you hold in Queensland as at midnight on 30 June.

Worked example: $800,000 land value in Queensland

Scenario (individual investor): You own an investment property in Brisbane. The Queensland land value is assessed at $800,000 as at 30 June 2026.

Individual rate calculation:

Land value: $800,000 — falls in the $600,001–$1,000,000 bracket
1.0% × ($800,000 − $600,000) = 1.0% × $200,000 = $2,000

Same property held in a family trust:

Land value: $800,000 — falls in the $350,001–$2,450,000 bracket (company/trust)
1.0% × ($800,000 − $350,000) = 1.0% × $450,000 = $4,500

Foreign investor (additional 3% surcharge):

Standard land tax: $2,000
Foreign owner surcharge: 3% × $800,000 = $24,000
Total: $26,000

The foreign investor surcharge applies to the total taxable land value, not just the portion above the threshold — making it the dominant cost for foreign-owned Queensland property.

Key Queensland land tax rules

Aggregation within Queensland

The Queensland Revenue Office aggregates all taxable land you hold in Queensland to calculate your threshold position. There is no separate threshold per property. Three properties with land values of $200,000, $200,000, and $250,000 total $650,000 and trigger land tax for an individual — even though no single property exceeds the threshold.

No interstate aggregation (from 2023)

Queensland previously aggregated interstate land holdings when calculating your QLD land tax threshold — a rule that surprised many investors and was challenged. The aggregation of interstate land was removed in 2023. From that change, only Queensland land counts toward your Queensland land tax threshold. Owning properties in NSW or Victoria does not affect your QLD threshold.

Principal residence exemption

Your principal place of residence in Queensland is exempt from land tax. The exemption must be applied for if the SRO does not automatically identify the property as owner-occupied.

Trust threshold disadvantage ($350,000 vs $600,000)

Companies and trusts have a $350,000 threshold compared to $600,000 for individuals — a $250,000 disadvantage. On an $800,000 land value, this costs $2,500 more per year (1% × $250,000) in land tax for trust-held property compared to individual ownership.

The trade-off: Many property investors use trusts for asset protection, income splitting, and estate planning. The lower threshold is a real and ongoing cost that must be factored into the structure decision.

Foreign investor surcharge (3%)

Foreign persons (non-residents and foreign corporations) pay an additional 3% surcharge on total taxable Queensland land value. This is assessed from the first dollar of land value — there is no minimum threshold for the surcharge itself.

Assessment date: 30 June

Queensland land tax is assessed on 30 June each year. A property settled on 1 July is not assessed for that year; one settled on 30 June is. The June assessment date is relevant for investors buying near end of financial year.

Queensland land tax compared to other states

Queensland's $600,000 individual threshold is more generous than Victoria ($50,000) but lower than NSW ($1,075,000). Many Brisbane investors who would pay no land tax in NSW — or significantly less — face a meaningful QLD bill.

State	Individual threshold	Land tax on $800k land value
Victoria	$50,000	~$4,475
Queensland	$600,000	$2,000
NSW	$1,075,000	Nil
South Australia	$833,000	Nil

For interstate property investors, Queensland offers lower effective land tax rates than Victoria for the same land value, making it attractive compared to Melbourne from a holding-cost perspective.

Frequently Asked Questions

What is the land tax threshold in Queensland for 2026-27?

The QLD land tax threshold is $600,000 for individuals. Companies and trusts have a lower threshold of $350,000. Properties below the relevant threshold are exempt.

When is Queensland land tax assessed?

Queensland land tax is assessed as at midnight on 30 June each year. The Queensland Revenue Office issues notices of assessment during the following months.

Do trusts pay more land tax in Queensland?

Yes. Trusts and companies have a $350,000 threshold instead of the $600,000 individual threshold, meaning trust-held properties are taxed from a lower land value base. The same rate table applies above the respective threshold.

Does Queensland have a foreign investor surcharge on land tax?

Yes. Foreign persons pay an additional 3% land tax surcharge on total taxable Queensland land value, applied from the first dollar — there is no minimum threshold for the surcharge.

This article is for general information only and does not constitute financial, tax or legal advice. QLD land tax thresholds and rates are set by the Queensland Government and subject to change. Verify current rates with the Queensland Revenue Office before making financial decisions.