Who pays land tax?

You may have to pay land tax if you own one or more parcels of taxable land, such as investment properties, holiday houses or commercial premises.

You generally do not pay land tax on your home (principal place of residence), your farm (land used for primary production), or any land you own with a total taxable value below the land tax threshold.

Check the current land tax threshold, set by the Valuer General with the revenue department in your state.