Council

Rating process

In accordance with State Legislation, the State Government not Council are responsible for carrying out the annual revaluation.

In accordance with State Legislation, the State Government not Council are responsible for carrying out the annual revaluation. Revaluations are done every year.

Property rental surveys

Valuer-General Victoria is currently undertaking a revaluation of all properties for rating purposes within Darebin Council.  These valuations will be used by Council for the 2022/23 financial year.

As part of the valuation process, property rental information is being collected from property owners, agents and tenants.  Council and the Valuer-General are aware of the difficulties being faced by property owners and tenants at present.  VGV’s appointed valuers, Westink Consulting, are collecting rental information for commercial and other properties in order to ensure that the returned valuations are accurate and that the impact of current market conditions is properly considered.

The information is being collected by a short online rental survey.  Authority for the collection of this information is contained within the Valuation of Land Act 1960.  The information provided will remain confidential and will be used only for the purposes of the revaluation.

The cooperation of Darebin Council ratepayers in the provision of this information is greatly appreciated.  Should you have any queries in relation to the survey please contact md@westlinkconsulting.com.au

On your rate notice there will be three valuation figures:

1. Site Valuation (SV) this is your land value
2. Capital Improved Value (CIV) this is the Market Value of your property and includes your Site Valuation, rates are calculated on this valuation
3. Net Annual Value (NAV) for Residential properties this is 5% of the CIV and for non-residential properties it is the greater of the annual rental value or 5% of the CIV.

How your valuation is calculated

Property values are determined by qualified Valuers appointed by the State Government. They use information such as sales data, rentals, detailed building plans and permits to assist them in determining an accurate valuation of your property. Some properties will also be externally inspected for data verification.

Valuations are assessed as at 1 January and in accordance with the Valuation of Land Act.

View the 2014-2015 Rating Strategy

Supplementary valuations

If changes to a property occur that could alter its value, a supplementary valuation is conducted during the year to update property records. These changes can be alterations, additions, demolitions, subdivision, changes in the use of a property or zoning amendments. Your rates are then adjusted pro-rata for the year, based upon the completion date of the changes.

Object to the valuation

As a ratepayer you have the right under Section 16 of the Valuation of Land Act 1960 to object to the valuation of their property and should contact Council as the first step.

Enquiry period and process

Property owners are required to advise Council of their objection to their property valuation within two months of the issue date on rate notice at the start of the financial year. Contact can be either by phone, email or letter to the Valuations Office. The Council Valuation will be reviewed and Valuer will either call to discuss or write to you with the Objection outcome.

Notice of objection

If after a review of the valuation of your property you still dispute the valuations, your next action is to lodge a formal objection stating reasons and evidence to support your claim. If a satisfactory outcome is not reached the next step is for you to lodge an objection with Victoria Civil and Administrative Tribunal. You must continue to pay your rates by the due while an Enquiry or Objection is being resolved.

Land tax objection and council rating valuations

The State Revenue Office uses Council Assessed Site Value to calculate land tax under the Land Tax Act 1958. An objection to the Site Value must first be made to the State Revenue Office within two months of receiving the Land Tax Assessment.

Street numbering

Council is responsible for the allocation of street numbering and is administered by the Valuations office. Council allocation of street numbers is administered as stated under the Australia and New Zealand Standard Rural and Urban Addressing document.

Owners are reminded that they have a legal requirement to clearly display the street number on their property. If property owners are having issues with street numbers please contact valuation department to discuss matter.