I am investing into house in Victoria as a non-resident investor and confused with the land tax surcharge for absentee owner. 1) Is it applicable for taxable land value of $250,000 and above only or regardless of the taxable land value? 2) Can this be factored into the cost base when computing CGT when the property is sold? Or are there ways to claim/rebate for the taxes paid over the years of holding the property. Need advice. Thank you in advance.