How much are you paying p.a? Land tax is a charge I didn't put much thought into until I was stung this year. Unfortunately as I didn't look into it prior to my 2nd purchase I was hit with the tax even though my 2nd home was an IP for only 8 days out of 365 in 2015! (currently my PPOR) For any newbies that are unaware (in Vic) land tax is calculated on the total taxable value of your land holdings as at midnight on 31 December. Handed over $793 to the SRO today which is never fun! Anyway, curious to know how much people are paying as im sure some of the figures will be pretty high!