How We Calculate Your Rates

 

How We Calculate Your Rates

Rates are calculated based on the value of a property, using a method called Capital Improved Value. Capital Improved Value (CIV) refers to the value of the land and any improvements, such as a house, garage, swimming pool etc.

A ‘rate in the dollar’ is determined, and then applied against the CIV of each property.

The rate in the dollar amounts for 2016/17 are:

  • Residential houses, flats and units: 0.002583 cents/$CIV
  • Retirement villages: 0.002399 cents/$CIV
  • Commercial/ industrial: 0.004564cents/$CIV
  • Farms: 0.002269 cents/$CIV
  • Vacant land: 0.004953 cents/$CIV
  • Cultural and recreational: 0.002282 cents/$CIV

Want more information on Capital Improved Value? See Property Valuations.

In addition to the rate amount, all ratepayers must pay a Municipal Charge: the charge for 2016/17 is $71.55.

Environmental Charges

We apply environmental charges to residential properties, they vary according to the size of the household garbage bin collected.

We also provide an optional green waste service to residential properties.

Further information on rates, municipal charge, and environmental charge can be found in the Annual Budget 2016-2017.