The Office of the Valuer-General Victoria sits within the Department of Environment, Land, Water and Planning.

The Valuer-General is responsible for overseeing valuations, including property valuations, on behalf of the state government.

Council uses Capital Improved Value (CIV) as its valuation basis for rating.

CIV represents the market value of the property, including land, buildings and other improvements.

You can find out how your rates are calculated from our Rates page.

The valuation for each property are shown on the front of the Valuation and Rate Notice.

Factors considered when valuing a property include:

• property location
• size of your property, both land and buildings
• property sales within the area at the time of re-valuation
• type of building (for example, brick, weatherboard)
• age of the buildings

New valuations do not cause a change in the overall rate income to the municipality. They redistribute the amount of rates across individual properties.  

Overall, Whitehorse property values have decreased by an average of 1.1 per cent, with:

• average residential decreasing by 1.2 per cent
• commercial decreasing by 0.8 per cent
• industrial increasing by 1.7 per cent

A property with an average valuation decrease of 1.1 per cent will have the average rate increase of 2.0 per cent.

A property whose value decreased more than the average will experience a rate increase less than 2.0 per cent.

A property whose value decreased less than the average or increased will experience a rate increase greater than 2.0 per cent.

If an amendment is made during the year to the valuation to include any changes to the property, you may need to pay additional rates.

These changes could include:

• construction of new buildings
• alterations
• additions
• demolitions
• subdivision
• consolidation
• changes in the use of land
• zoning changes or the granting of a planning permit

In this case, we will issue a supplementary valuation and rate notice.