Rates are calculated based on property valuations and in accordance with Council’s Rating Strategy 2021/22 and the Local Government Act 2020. A valuation is an assessment of the market value of a property at a specific date in accordance with relevant legislation and legal precedent.


Under new Victorian Government legislation, valuations are conducted annually by the Valuer-General Victoria as the valuation authority. A revaluation occurred in January 2021 and will be used to determine rates in the 2021-22 financial year.

Revaluation of your property determines the proportion of rates you need to pay relative to other property owners.

During every revaluation, owners, managing agents and occupiers of residential investment flats, commercial and industrial properties may be requested to provide information to Council (and its authorised representatives) to assist in producing an accurate valuation for every property.

All information, requested and/or collected by Council is done in accordance with the Valuation of Land Act 1960 and is only used for valuation or related purposes.

Rate change by valuation change

Valuation change from 2020 to 2021Corresponding rate change effective 1 July 2021 to 30 June 2022
Decrease of 30%33.43% rate decrease
Decrease of 20%18.07% rate decrease
Decrease of 10%7.83% rate decrease
No change2.41% rate increase
Increase of 10%12.65% rate increase
Increase of 20%22.89% rate increase
Increase of 30%33.13% rate increase

How average rates are affected by revaluation

Property TypeAverage Change in ValuationRate Change
Detached Houses0.31%2.73%
Commercial / Retail-5.51%-3.23%

The valuation process

The requirements of municipal valuations are governed by the Valuation of Land Act 1960. This Act was amended 2017 to introduce annual valuations. The Valuer General supervises all general valuations throughout Victoria and confirms the suitability of these general valuations to be used for statutory purposes.

For more information, see the rates and valuation brochure.

Frequently asked questions

How do I query or formally object to a valuation?

More information

For any valuation enquiries, please contact us.

Related Content