Land Tax Rates & Thresholds WA

You can use our Free Online Land Tax Calculator to calculate how much land tax you can expect to pay.

Land Tax Rates Western Australia (WA) From Department of Treasury & Finance WA

For the financial years: 2008/2009, 2009/2010, 2010/2011

Taxable Value

Rate Of Tax

$0 - $ 300,000

0

$300,000 - $1,000,000

0.09% of the value over $300,000

$1,000,000 - $2,200,000

$630 + 0.47% of the value over $1,000,000

$2,200,000 - $5,500,000

$6,270 + 1.22% of the value over $2,200,000

$5,500,000 - $11,000,000

$46,530 + 1.46% of the value over $5,500,000

More Than $11,000,000

$126,830 + 2.16% of the value over $11,000,000

Source: Department of Treasury & Finance WA

Note there is also a Metro Region Improvement Tax In Western Australia

What is The MRIT (Metropolitan Region Improvement Tax)?

From the Department of Treasury & Finance WA:

The Metropolitan Region Improvement Tax (MRIT) is an annual tax based on the aggregated taxable value of land you owned (excluding exempt land) at midnight on 30 June which is situated in the metropolitan region.

The metropolitan region includes the following local governments: Armadale, Bassendean, Bayswater, Belmont, Cambridge, Canning, Claremont, Cockburn, Cottesloe, East Fremantle, Fremantle, Gosnells, Joondalup, Kalamunda, Kwinana, Melville, Mosman Park, Mundaring, Nedlands, Peppermint Grove, Perth, Rockingham, Serpentine-Jarrahdale, South Perth, Stirling, Subiaco, Swan, Victoria Park, Vincent and Wanneroo.

This is a special purpose tax used to finance the cost of providing land for roads, open spaces, parks and similar public facilities.

MRIT is imposed at a rate of 0.14 cent for every dollar of the taxable value of the land in excess of $300,000.

You can use the MRIT calculator below to determine the amount of Metro region improvement tax you are required to pay (this assumes you are within one of the local government areas stated above).

MRIT Calculator