Is vacant land considered property?

Is vacant land considered property in Australia, yes vacant land is considered real property or real estate, classified as residential, rural or commercial property, even without building, and is subject to property laws, council rates, land tax and capital gains tax. Vacant land, defined as block with no dwelling or with shed, is considered property under Property Law Act, with title deed, and you own land and can sell, lease or develop, with value $100K to $1M for residential block. For insurance purposes, vacant land is considered property requiring public liability insurance $10M to $20M costing $200 to $500 per year, not building insurance, as no building to insure, but liability if someone injured on land, with claims $100K to $500K. For tax, vacant land considered property for land tax $0 to $5K per year depending on value and state, and CGT when sold. For council, vacant land considered property for rates $1K to $3K per year. For lending, vacant land considered property for land loan with LVR 80% to 90%. So vacant land is considered property, specifically real property, with same legal rights as built property, requiring liability insurance $200 to $500 per year, council rates and land tax, even though no building, and can be developed or sold as property.