Victorians, are you aware of this? The Windfall Tax has been introduced in Victoria for home owners

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It will come into effect mid 2023. In a nutshell- if your land is rezoned and it increases in value you owe the government either 62.5 percent of the increase or 50 percent (dependent on the amount it increases). You may have no mortgage and own your home outright but you will suddenly owe the government money to stay in your own home.

https://www.legislation.vic.gov.au/in-force/acts/windfall-gains-tax-and-state-taxation-and-other-acts-further-amendment-act-2021/001

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