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2. Land value tax in Australia - Wikipedia

   en.wikipedia.org/wiki/Land_value_tax_in_Australia

   The land tax threshold is $250,000 on the total value of all Victorian property owned by a person as at 31 December of each year, and taxed at a progressive rate. The principal residence, primary production land and land used by a charity are exempt from land tax. The threshold is $25,000 and the date of audit is 1 July.

3. Land value tax - Wikipedia

   en.wikipedia.org/wiki/Land_value_tax

   A land value tax ( LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. [1] It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating . Some economists favor LVT, arguing it does not cause economic inefficiency, and ...

4. Australian property bubble - Wikipedia

   en.wikipedia.org/wiki/Australian_property_bubble

   A property bubble is a form of economic bubble normally characterised by a rapid increase in market prices of real property until they reach unsustainable levels relative to incomes and rents, and then decline. Australian house prices rose strongly relative to incomes and rents during the late 1990s and early 2000s; however, from 2003 to 2012 ...

5. Property tax - Wikipedia

   en.wikipedia.org/wiki/Property_tax

   The land property tax, called "territorial tax" or "contribution", is an annual amount paid quarterly by the property's owner. It is determined as a percentage of the property's "fiscal value", which is calculated by the Internal Revenue Service, based on the property's land and built area, construction materials, age, and use.

6. This Australian family refused to sell their home, now the ...

   www.aol.com/finance/australian-family-refused...

   One real estate agent estimated the Zammit property value to be just shy of $50 million Australian dollars ($33 million) in new developments, Australia's 7News reported in March of last year.

7. Australian property market - Wikipedia

   en.wikipedia.org/wiki/Australian_property_market

   The Australian property market comprises the trade of land and its permanent fixtures located within Australia. The average Australian property price grew 0.5% per year from 1890 to 1990 after inflation, however rose from 1990 to 2017 at a faster rate. House prices in Australia receive considerable attention from the media and the Reserve Bank ...