All Topics / Legal & Accounting / land tax

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  • Profile photo of katchwkatchw
    Member
    @katchw
    Join Date: 2005
    Post Count: 29
    June 18, 2005 - 10:45 am

    Is there a quick rough estimate on the land tax due on a property where you only know the value of the total (house and land) property.
    eg. estimating the land at say 50%, 60% of the total value? Given that the house in is good condition?
    Cheers.

    Profile photo of hmackayhmackay
    Participant
    @hmackay
    Join Date: 2004
    Post Count: 197
    June 19, 2005 - 12:35 am

    Chris,

    In Vic u could go to http://www.vic.gov.au where you’ll find the info to work it out accurately. For other states do a search…land tax NSW etc.

    hrm

    Profile photo of camdercamder
    Participant
    @camder
    Join Date: 2004
    Post Count: 170
    June 19, 2005 - 4:18 am

    Hi Chris,
    This could be difficult from house prices.
    eg in our case:
    (house price)=(land value):62500=6363, 187500=54800, 77500=11100, 125000=16000, 270000=72200, 88500=28600.

    Also depends on situation of property so please do not rely on above figure for your calculations and I do not know of any site in NSW except http://www.osr.gov.au
    Chers Len

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