Victorian Election 2026: What the Major Parties Propose on Housing and Renting

Victorians vote in the state election on Saturday 28 November 2026, and Labor, the Liberal and National Coalition and the Greens have each set out housing positions that touch stamp duty, land tax, renting and housing supply. This guide summarises what each party has published on its official channels as at 10 November 2026, side by side and without comment on which approach is better.

Key takeaways

• The Victorian Electoral Commission (VEC) confirms election day is Saturday 28 November 2026. Enrolment closed at 8 pm on Tuesday 3 November 2026 and early voting opens on 18 November 2026.
• Labor and the Coalition have both committed to returning the land tax threshold to a site value of $300,000, the level before the 2023 change to $50,000. Labor has published a six year timetable. The Coalition says it would lift the threshold progressively.
• Labor, as the current government, has announced rental changes that started on 13 October 2026 and an extension of the off the plan stamp duty concession to 20 April 2027, subject to legislation.
• The Coalition’s published plan would exempt first home buyers from stamp duty up to $1 million and to lift the land tax threshold progressively to $300,000.
• The Greens’ published platform would abolish stamp duty for owner occupiers on homes under $1.1 million, introduce higher land tax on residential investment portfolios over $5 million, and freeze and then cap rents.
• Where a party has not published a policy on a topic, we say so. Election commitments are not law until they are legislated.

When is the 2026 Victorian state election?

The VEC states that the next state election is on Saturday 28 November 2026. Key dates from the VEC:

• Enrolment closes: 8 pm on Tuesday 3 November 2026, the day the writ is issued.
• Early voting opens: 18 November 2026, and closes at 6 pm the day before election day.
• Who must vote: Enrolment and voting are compulsory for Australian citizens aged 18 or over who have lived in Victoria for more than a month.

How we compiled this summary

We used only each party’s official policy pages, policy documents or official releases, and opened every page we cite. We have not used news reports or third party summaries. Each party is covered under the same four headings: stamp duty, land tax, renting and housing supply.

Labor is in government, so its official releases are Victorian Government announcements. Labor’s campaign commitments are published as media releases on the Victorian Labor website, and we used those for its land tax commitment. Parties may release further policies during the campaign, so check each party’s own site before you vote.

What has Labor proposed on housing and renting?

Stamp duty. The Victorian Government says it has extended the temporary off the plan stamp duty concession to 20 April 2027, subject to legislation. It applies to apartments, units and townhouses in a strata subdivision with common property. The government says anyone buying one of these properties off the plan can claim it, and value thresholds have been removed for the extended concession. House and land packages are not eligible.

Land tax. Victorian Labor announced on 4 October 2026 that a re-elected Labor government would reverse the 2023 change that lowered the land tax threshold from a site value of $300,000 to $50,000. It says it would restore the $300,000 threshold progressively over six years:

• 2027/28: threshold raised by $25,000.
• 2028/29: raised by another $25,000.
• 2029/30: raised by another $25,000.
• 2030/31: raised by another $25,000.
• Later years: further increases until the $300,000 threshold is fully restored in 2033/34.

Labor says the change would remove more than 250,000 people from the land tax system, and that its first budget would deliver the first cut, backed by legislation.

Renting. The Premier announced on 13 October 2026 that a set of rental changes took effect that day:

• Rental providers must tell renters before claiming against the bond and provide evidence.
• Landlords and agents can no longer charge renters to apply for a rental.
• Gas and electrical safety checks are required every two years for every rental property, for new and existing leases.
• A licensed gasfitter must check gas ventilation before draughtproofing work starts.
• Landlords must keep records proving the property meets minimum standards.

The same release says rentals must meet new energy efficiency standards from next year, and that the Renting Taskforce is now permanent.

Housing supply. The government has said its housing reforms are “creating the conditions for 800,000 new homes to be built over the next decade”. Its April 2024 release also referred to the $5.3 billion Big Housing Build, with over 12,000 social and affordable homes planned.

What has the Liberal and National Coalition proposed?

The Coalition’s published policy document is “Our Ten Year Plan to secure Victoria’s economic future”, led by Opposition Leader and Shadow Treasurer Jess Wilson. The document does not give start dates for its housing measures.

Stamp duty. The plan commits to “Exempt first home buyers from Stamp Duty up to $1 million”. We did not find a stamp duty measure for investors.

Land tax. The plan lists “Land Tax relief” and a commitment to “Reduce the burden of land tax”. The Coalition’s launch release of 7 May 2026 adds that it would progressively increase the land tax threshold to $300,000. We did not find a year by year timetable. It also commits to “Scrapping the Emergency Services Tax on the family home”.

Renting. We did not find a renting or rental provider policy in the Coalition’s published plan or releases as at 10 November 2026.

Housing supply. Under the heading “Build more homes to make home ownership more affordable”, the plan commits to:

• Expand the Capital City Zone to support sensible density.
• Release land in growth areas.
• Scrap government regulations that are stopping home building in greenfield areas.
• Stop the delays in the planning process and set a clear timeframe for approvals.

What have the Greens proposed?

The Victorian Greens have published housing and renting pages as part of their platform for Victoria.

Stamp duty. The Greens say they will abolish stamp duty for homes worth less than $1.1 million and discount it for homes between $1.1 million and $1.6 million, for owner occupiers only, not investors. The party says the cuts would be paid for by taxing “ultra-wealthy property investors and the big banks”. It also proposes a longer term move to a broad based contribution based on property value, without further detail.

Land tax. The Greens propose an “Ultra-Wealth Tax” that would increase land tax for investors owning more than $5 million in residential investment properties. The platform states a base rate of $100,000 for portfolios of $5 million and over, and a rate of 5.3% on any amount above $5 million, replacing existing land tax for those properties. The party estimates it would raise about $2 billion over four years. The Greens would also end the build to rent land tax and absentee owner exemptions.

Renting. The Greens’ renting page commits to:

• Freeze rents for two years, then limit rent rises in any year to wage growth, or inflation if that is lower.
• Ban rent increases in the first two years of every new tenancy, and tie rent increases to the property rather than the tenant.
• A 3 year re-leasing ban after a notice to vacate because the landlord or a family member is moving in.
• Allow renters to stay when their home is sold to another investor, and guarantee a right of return after renovations.
• A landlord licensing scheme and an independent regulator with $50 million in establishment funding.
• Independent inspections, plus rent worthy certificates and energy efficiency disclosure on advertising for all leases.

Housing supply. The Greens commit to building 88,000 new public homes with an initial $4 billion, and to requiring at least 30% genuinely affordable housing in new private developments of 15 units or more.

What this means for investors

The three parties have published different levels of detail, and their positions touch investors in different places.

• Stamp duty. Labor’s extended off the plan concession is open to any buyer of an eligible strata property. The Coalition’s and the Greens’ published stamp duty measures are aimed at first home buyers or owner occupiers, not investors.
• Land tax. Labor and the Coalition both say they would return the threshold to a site value of $300,000. Labor has published the yearly steps; the Coalition has not. The Greens have published higher rates for residential investment portfolios over $5 million.
• Renting. Labor’s rental changes are already law. The Greens propose further changes, including rent freezes and caps. The Coalition has not published a renting policy in its plan.

Any change would depend on the election result and on legislation passing parliament. Until then, current laws apply. Our guide to how income tax, land tax and CGT interact explains how the current settings work, and you can estimate today’s duty with our stamp duty calculator.

What to do now

General information only. This checklist is not a recommendation about how to vote.

1. Check how and where to vote. Early voting opens on 18 November 2026, and the VEC website lists voting centres.
2. Read the source documents. Go to each party’s official policy pages rather than relying on summaries, and check for new releases during the campaign.
3. Separate law from proposals. Work from the rules in force today. A proposal only changes your position once it is legislated.
4. Review your current compliance. The 13 October 2026 rental changes already apply, including two yearly gas and electrical checks for every rental.
5. Talk to your adviser. If a proposal could affect your land tax or purchase plans, ask your accountant how it might apply to your situation if it became law.

Citadel Agency is a licensed buyers agency and does not support or endorse any political party. If you are planning a purchase in Victoria, see our Victoria buyers agent page or our Melbourne buyers agent page.

Frequently asked questions

When is the 2026 Victorian state election?

Saturday 28 November 2026, according to the Victorian Electoral Commission. Early voting opens on 18 November 2026.

What have Labor and the Coalition proposed on land tax?

Both say they would return the land tax threshold to a site value of $300,000, reversing the 2023 change to $50,000. Labor would raise the threshold by $25,000 in each of the first four years from 2027/28 and reach $300,000 in 2033/34. The Coalition says it would lift the threshold progressively but has not published a timetable.

What has the Coalition proposed on stamp duty?

The Coalition’s published plan commits to exempt first home buyers from stamp duty up to $1 million. We did not find a stamp duty measure for investors in the plan.

What have the Greens proposed on rents?

The Greens propose a two year rent freeze, then limiting rent rises in any year to wage growth, or inflation if lower, plus a ban on rent increases in the first two years of every new tenancy.

What has Labor announced on stamp duty?

The Victorian Government has extended the temporary off the plan stamp duty concession for apartments, units and townhouses to 20 April 2027, subject to legislation.

Are any of these policies law yet?

The rental changes that started on 13 October 2026 are already in effect. Election commitments only become law if they are legislated after the election.

Sources

• Victorian Electoral Commission: State elections
• Premier of Victoria: Giving renters the rights they deserve (13 October 2026)
• Victorian Government: Cutting costs of buying off-the-plan
• Premier of Victoria: More homes where Victorians want to live (11 April 2024)
• Liberal Party of Australia (Victorian Division): Our Ten Year Plan to secure Victoria’s economic future
• Liberal Victoria: Liberals and Nationals launch comprehensive 10-year economic plan (7 May 2026)
• Victorian Labor: Labor Will Cut Land Tax to Help with the Cost of Living (4 October 2026)
• Victorian Greens: Housing platform
• Victorian Greens: Renting platform

Want to talk through your Victorian property plans? Book a free strategy call with our team.

General information only. It does not take into account your objectives, financial situation or needs. Speak to a qualified professional before acting.

General information only. It does not take your objectives, financial situation or needs into account and is not financial, tax, credit or legal advice.