General Revaluation and the Effect on Rates & Charges
Revaluation of all properties throughout Victoria occurs every two years in accordance with State Legislation, under the provisions of the Valuation of Land Act (1960). All properties across the State have been re-valued as at 1 January 2016, for the current valuation cycle. These valuations are used to determine the allocation of rates for the next two financial years, commencing 1 July 2016.
Increased property values do not increase the total amount of money a Council collects in rates. It merely redistributes the amount of rates paid between individual properties.
Any ratepayer can lodge an objection within two months of the date of the rate notice. Details are printed on the back of the rate notice. It is best to talk directly to the Rates Department by calling (03) 5662 9200 as most issues can be resolved quickly.