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Rates and valuations explained

Your rates are based on the valuation of your property. A municipal charge, waste charge and the fire services property levy are also included in your rates notice where appropriate.

Why valuations are important

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

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.

The valuation process

Valuations are carried out every two 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 2016 and was based on the property market at this time. It will be used for calculating the 2016/2017 and 2017/2018 Council rates.

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

How rates are calculated

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 $1,364 in rates, plus applicable municipal charge, waste charges and fire services property levy.

Level Amount
General Rate $0.003898
Land Management Rate $0.003118
Commercial Rate $0.005067
Farm Rate $0.003898
Vacant Land Rate $0.007796

Municipal and waste charges

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 2017/2018 is $94.00.

Waste charge
This charge provides for the waste collection service, the recyclable collection service and provision of landfill facilities. The 2017/2018 waste charges are:
• $570.00 for 140 litre general waste bin plus a 240 litre recycling bin
• $405.00 for an 80 litre general waste bin plus 240 litre recycling bin

Reading and understanding your rate notice

Our How to read your rate notice flyer explains each component of your 2016/2017 rate notice.

How does rate capping work?

Land Management Rate

A subsidised Land Management Rate is available to landholders who undertake environmental protection works on their property.

NB: Applies to private properties within the Shire that: a) were rated as a farm in the 2015/2016 financial year and are over 20 hectares (49 acres) in size or b) operate a farm business.

Fire Services Property Levy

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.

What can I do if I think my valuation is too high?

Need help?

Please contact us or submit your enquiry via our online request form and our Rates Team will be in contact.

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