One Investment Property: NSW
An Australian individual with one NSW investment property, land value $650,000.
- Land value of this property
- $650,000
- State / territory
- NSW
- Owner type
- Australian individual
- Other taxable land you own in the state
- $0
Below the $1,075,000 NSW threshold, so no land tax. Buying a second NSW property with $500,000 of land takes the combined value to $1,150,000 and the bill to $1,300 ($100 plus 1.6% of $75,000).