Hi, I’m interested in buying a $92000 , 1205m2 block of land and want to sub divide it, then sell one block of land and build my house on the other.
How much land tax would be involved and also what is the cost of dividing the land?
The land is situated in Rural Victoria!
Greatly appreciate any help on the issue[baaa]COntact your land tax office (whoever tha is in Victoria) as all states are differnt ie: different rates, different cutoff points etc. Also,a s you intend to live in part of it, you may be exempt for that half.
As for the amount of land tax, it also depends upon what other land you hold as to the final assessment, so it’s really osmething you need to talk to the proper body about.
Good Luck.
PKPS. Perhaps someone in Victoria can advise where ajsov1 should ring.
$5356.32
Byronent
Adelaide SA
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