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Land Tax 2013 Assessment Thought I'd update the thread. Received our land tax bill today from the State Revenue Office, Victoria. Oh joy, I nearly keeled over. According to my calculations, my bill has increased by 36% this year. Utterly ridiculous considering property prices in...

Yes, this is true - But there are Body Corporate Fees to pay on flats and apartments which can add up as well! I wasn't meaning you should have bought in other States - more a comment for myself in the future!! Something like this perhaps? (Although there are only 6 in this block)...

I worked mine out according to the calculator before my bill arrived. However, the land values have been increased to reflect the rise in values, meaning that my calculation was way out! Once you own over 1M in unimproved value, the land tax really takes off. Even slightly over 1M means that...

I'm joining you as well, Kristine. Mine arrived today too! Wooooo. Mine came in much higher than I had calculated! Yikes!!!