EPISODE · Oct 3, 2025 · 13 MIN
LAND TAX TSUNAMI, STRATA SKATES, FREESTANDING PAYS
from The PROPERTY DOCTORS, Sydney Australia Novak Properties · host Mark Novak, Michael Burgio
🧾 LAND TAX: the hidden holding cost.We all cheer price growth… then the land tax bill lands.Key takeaways from Ep. 1525:• Threshold: ~$1.075m (NSW).• Rate: ~1.6% above the threshold.• Examples: freestanding site LV ~$1.71m ≈ ~$27k/yr; strata unit LV ~$185k ≈ ~$2.9k/yr (if over threshold); larger block LV ~$2.85m ≈ ~$45.6k/yr.• Strategy: strata can massively dilute land value; always check the Valuer General land value, not sale price.🎯 Action: run the land tax numbers before you buy.#MorningMinutes #LandTax #NSWProperty #PropertyInvesting #NorthernBeaches
What this episode covers
🧾 LAND TAX: the hidden holding cost. We all cheer price growth… then the land tax bill lands. Key takeaways from Ep. 1525: • Threshold: ~$1.075m (NSW). • Rate: ~1.6% above the threshold. • Examples: freestanding site LV ~$1.71m ≈ ~$27k/yr; strata unit LV ~$185k ≈ ~$2.9k/yr (if over threshold); larger block LV ~$2.85m ≈ ~$45.6k/yr. • Strategy: strata can massively dilute land value; always check the Valuer General land value, not sale price. 🎯 Action: run the land tax numbers before you buy. #...
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LAND TAX TSUNAMI, STRATA SKATES, FREESTANDING PAYS
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