Apologies if this seems a silly question. I have been looking at buying an established apartment (24 apts or less in older block) in areas such as prahran, windsor and south yarra. In most contract of sales there has been no land tax payable but for one of them I am interested in there is a land tax of $600 per year.
Is this because the value of the apartment is higher than others?
Many thanks
Is this because the value of the apartment is higher than others?
Many thanks