Australia's Scariest Property Tax? Victoria's Windfall Gains Tax Explained (Up to 62.5%!)

About this episode

This episode explains Victoria's Windfall Gains Tax and its implications for property investors.

Victoria's Windfall Gains Tax (WGT) is one of the most controversial property taxes in Australia — and many investors still don't know it exists. 🇦🇺🏠💸 In this episode of Talk Property To Me, hosts Brad East and Aaron Downie break down how the Victorian Windfall Gains Tax works, why it's often called a "hidden property tax", and how it can charge up to 62.5% on rezoning-related land value increases — even on unrealised gains (yes, you can get a tax bill without selling the property). ⚠️📩 If you own property in Victoria, invest in Australian real estate, buy land in growth corridors, or you're watching rezoning changes (low density → medium/high density), this episode is a must-watch. We cover the $100,000 threshold, marginal tax rates, real examples, land tax comparisons (VIC vs NSW), exemptions, deferral options, and why this policy may impact housing supply, developers, and private investors. 📈🧾 🔍 Key Topics Covered: ✔️ What is the Victorian Windfall Gains Tax (WGT)? ✔️ How rezoning triggers a tax bill (even if you don't sell) ✔️ Example: land value doubles → massive tax liability ✔️ The 62.5% marginal rate explained ✔️ Victoria land tax vs NSW thresholds ✔️ Exemptions &…

People in this episode

Hosts: Brad East, Aaron Downie

Topics covered

• Windfall Gains Tax
• property tax
• rezoning
• land value
• investing
• housing supply

Keywords

• Windfall Gains Tax
• property tax
• rezoning
• land value increase
• investing in real estate
• tax liability
• exemptions
• deferral options

Mentioned in this episode

Organizations: NSW, VIC

Places: Victoria, Australia

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