Buildings and works
Warehouses, hardstand and services lift a sale price. They are not land.
Free value check · Victoria
Give us the notice. We will say if the land is overvalued.
Free property check
Site value is meant to describe bare ground. Headline sales often still include buildings, permits, leases, GST and long settlements. We strip those out before anyone argues the number.
No win. No fee.
Save up to 50% of your land tax.
What it's worth
A lower site value pays you back every year.
Move the numbers to see what a reduction does to the land tax bill.
What a lower value means
Land tax-$27k / yr
means
Net annual income+$27k / yr
means
Property value+$447k
- Land tax now
- $74,050
- Land tax after
- $47,232
- New site value
- $3,588,000
- Valued at a yield of
- 6%
Uses Victoria's general land tax rates for 2024 to 2033 and assumes this is your only taxable land. Land tax is charged on the combined value of everything you own, so on a larger holding each dollar of reduction usually saves more. Illustrative only.
What we look for
The extras a sale price carries.
If nearby sales were not brought back to bare land, the assessment can tax value the site does not have.
A permit already in hand
Time and risk the buyer did not have to spend. It can be a large part of the price.
30 to 45%A lease in place
Rent after settlement covers holding costs, and that income sits inside the price.
GST and settlement
A long settlement is worth money against cash. Headline prices often include GST.
From here
You send it. We do the rest.
Two of the five steps are yours. The rest are the research, the objection and the argument.
- You
Send the notice
The assessment, or just the address.
5 minutes - Fairground
Free value check
We tell you plainly whether there is a case.
Within days - You
You save, or you don't
No reduction, no fee.
Agreed before we lodge
No win. No fee.
Nothing to pay for the check. Nothing to pay unless the site value comes down.