<P> Property classes, tax rates, assessment rules and valuations vary by jurisdiction . </P> <P> Australian property taxes are known as property or land rates . Land rates and frequency of payment are determined by local councils . Each council has land valuers who appraise the land values . The land's value is the value of the land only; it does not consider structures on the property . </P> <P> Australia has stamp duty, applied at the time a property is sold, paid by the purchaser to the Office of State Revenue (in the case of New South Wales (NSW))--each of the states and territories have their own revenue collection agencies . A Land Transfer Charge applies under the NSW State Revenue Legislation Amendment Bill 2010 . The Charge is to be levied as an ad valorem tax to be paid by the purchaser, for property above $500,000 in value and is payable at the time a transfer document is lodged for registration with Land & Property Information (LPI). </P> <P> Stamp duty rates are applied on a sliding scale of 1% to 6.75% based on the value of property and the state . </P>

Where do you not have to pay property tax