average land tax on Sydney strata units

[james_hill]

Hi Guys

Would anyone have any links or be able to share average annual land tax/ or land values for Sydney apartments. Currently looking at buying for around 700K (Be an IP in both our names) inner west (marrickville/dulwich hill etc.) area of city looking at art deco blocks with around 4 or 5 units in the building?

Anyone got any similar IP's and what the land value came in at?
Thanks for sharing!

 

[Scott No Mates]

Land values are completed using a statistical model so if your block is zoned for greater density than currently built it won't necessarily reflect in what you hold.

 

[travelbug]

Difficult to say without knowing the size of the units and the size of the land.

I have a tiny 1 bed unit in Potts Point and the land value is over $100K (hasn't been put up for a while so expecting that, considering the boom. Boutique hotel, 12 units, no garage. Value is close to $400K.