Rates and valuations

Property valuations are critical to the administration of Victoria's Local Government. Councils use property valuations as the basis of their rate collection, helping to fund the services your Council provides to you and other ratepayers and residents.

Because property values change, General Valuations of all properties in the municipality are undertaken on a regular basis.

Accurate valuations of properties are a critical means of ensuring that property owners pay a fair share of rates. Properties with higher market value attract higher rates than properties of a lesser value.

Valuations are carried out every 2 years by a qualified Valuer, and are based on the Capital Improved Value (CIV). This reflects the total market value of your land plus any improvements such as your house, other buildings and landscaping.

Valuations are determined by analysis of local property sales and rental evidence, which is then applied to the data on each particular property. Information is compiled on each property over time, through inspection, building and planning permits and other public sources.

The most recent revaluation has a base date of January 2014 and was based on the property market at this time. It will be used for calculating the 2014/15 and 2015/2016 Council rates.

For more details see Council valuations on the Department of Transport, Planning and Local Infrastructure website.

Your rates are based on the Capital Improved Value (CIV) of your property. The rates in the dollar, in the table below, are multiplied by the CIV to determine your rates charge. For example, a residential property with a valuation of $350,000 would pay $1,294 in rates. For more details please see our Your Rates Explained brochure.

Municipal Charge
This covers the cost of core local government functions such as Council Meetings, administering local laws and planning controls and ensuring that there is due and proper governance.

The Municipal Charge for 2015/2016 is $188.00.

Waste Charge
This charge provides for the waste collection service, the recyclable collection service and provision of landfill facilities. The 2015/2016 waste charges are:
• $510.00 for 140 litre general waste bin plus a 240 litre recycling bin
• $370.00 for an 80 litre general waste bin plus 240 litre recycling bin

The Fire Services Property Levy (FSPL) is a State Government charge that replaces the previous fire levy collected through insurance policies. Council collects the FSPL on behalf of the State Government. For more information visit www.firelevy.vic.gov.au.

Please read the following:
• Lodging a Valuation Objection
• Objection Form Residential
• Objection Form Commercial
• Objection Form Rural

Please contact us or submit your enquiry via our online service request form and our rates team will be in contact.