Land Tax on $1,000,000 in Queensland (2025-26)
Land Tax Breakdown
| Land value | $1,000,000 |
| Taxable portion | $400,000.00 |
| Base land tax | $4,500.00 |
| Surcharges | $0.00 |
| Total annual land tax | $4,500.00 |
| Effective rate | 0.450% |
Assumes individual resident owner with no foreign or absentee surcharges. Principal place of residence is generally exempt from land tax, and ACT land tax applies to non-PPOR residential properties.
Compare Nearby Land Values in QLD
| Land Value | Land Tax | Effective Rate |
|---|---|---|
| $800,000 | $2,500.00 | 0.313% |
| $1,000,000 | $4,500.00 | 0.450% |
| $1,500,000 | $12,750.00 | 0.850% |
Compare Land Tax Across States
QLD Land Tax Notes
Queensland uses lower thresholds for trusts/companies and adds an absentee surcharge above a set value.
How to calculate land tax on $1,000,000 in QLD
- Start with taxable land value of $1,000,000 in Queensland.
- Apply the state threshold ($600,000.00) to determine taxable land value.
- Calculate base land tax and add any state surcharges (if applicable).
- Confirm the annual land tax result ($4,500.00) and compare with nearby values or other states.
QLD Land Tax Calculator
Need a detailed calculation for Queensland? Use the QLD calculator to adjust ownership type, surcharges, and multiple properties.
Related Scenarios
FAQs
How much land tax do I pay on $1,000,000 in QLD?
Land tax on $1,000,000 in Queensland is 4,500.00 per year, based on current 2025-26 rates for individual resident owners. That equals an effective rate of 0.450% of land value.
What is the land tax threshold in QLD?
Queensland applies land tax once your taxable land value exceeds the state threshold. For $1,000,000, the taxable portion is 400,000.00. Use the QLD Land Tax Calculator for full details, exemptions and trust rates.
Which state has the lowest land tax on $1M?
At $1,000,000, New South Wales has the lowest land tax at 0.00. The highest is Australian Capital Territory at 12,293.00.
Does this land tax include foreign owner surcharges?
No. These results assume an individual resident owner without foreign or absentee surcharges. Some states apply extra land tax for foreign or absentee owners. If that applies to you, use the state calculator for a full breakdown.