Higher land values mean higher land tax and council rates in NSW | 7NEWS

7NEWS Australia published this video item, entitled “Higher land values mean higher land tax and council rates in NSW | 7NEWS” – below is their description.

We all know Sydney property prices are going through the roof, but so is the cost of the land that they’re built on.

That may seem like good news for homeowners, but there’s a downside. Higher land values mean higher land tax and council rates.

7NEWS Australia YouTube Channel

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About This Source - 7NEWS Australia

Seven News is the television news service of the Seven Network and, as of 2016, the highest-rating in Australia. The news service draws upon overseas channels for select international coverage. The network’s Director of News and Current Affairs is Craig McPherson.

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