How do land values affect your council rates?
Land values help councils calculate and distribute rates.
Your council will calculate rates based on your property’s land value, either:
- alone (but sometimes subject to a minimum amount), or
- combined with a fixed amount.
If your land value increases, it doesn’t necessarily mean your rates will rise as they depend on:
- your council’s rating structure
- limits to increases set by the Independent Pricing and Regulatory Tribunal (IPART).
To learn more, please contact your council.
How often do we supply values for rating?
The Valuer General gives councils new land values at least every three years. Councils generally start using those land values for rating the following year. All councils will use the 1 July 2022 land values for rating from July 2023.
The following schedule shows when the Valuer General determines land values and when councils start using them for rating (a year later).
|Land value determined by the Valuer General
|Land value used by Council for rating
Can you see your land value before your rates are set?
The Valuer General will send you a Notice of Valuation when your council receives new values.
The Notice gives you the chance to consider your land value before your council sets your rates.
Councils will use 1 July 2022 land values for rating from 1 July 2023. You can find the mailing schedule for 1 July 2022 Notices of Valuation here.