- A valuation is an assessment of the amount a property would sell for on a particular date.
- As required by the Victorian Government, all properties in Cardinia Shire were revalued in 2021. Your property’s valuation for 2021–22 is set at its market value as at 1 January 2021.
- Properties in Cardinia Shire increased in value by an average of 5.37% from 2020 to 2021.
- Revaluation of your property does not increase the total amount of rate revenue we collect. Instead, it determines the proportion of rates you need to pay relative to other property owners.
Valuations are centralised and happen every year
- From 1 July 2018, valuations were centralised and are now conducted annually by the Valuer-General of Victoria (VGV) as the sole valuation authority.
- The VGV provides valuations to councils and the State Revenue Office for the purpose of setting council rates, land tax and the Fire Services Property Levy.
How is my property's value worked out?
All valuations are conducted in accordance with Valuation Best Practice Specifications
Like most Victorian councils, we use a property's Capital Improved Value (CIV) (CIV) to calculate the rates payable. To work out a property’s CIV, the valuers analyse property sales and rental data trends as well as factors including a property’s location, land and building size, and the age and condition of buildings.
The property's CIV is then used to calculate the rates payable on that property, as well as the variable charge component of the Fire Services Property Levy
More information on valuations: DELWP website
What is an Australian Valuation Property Classification Code?
Our contract valuers have assigned an Australian Valuation Property Classification Code (AVPCC) to your property, according to how your land is used. In accordance with the Fire Services Property Levy Act 2012, the AVPCC is used to determine your property's land use classification. The AVPCC and land use description assigned to your property are shown on your rates notice, just below the property details.
Objecting to your property's valuation
If you don’t agree with your property's valuation, you can lodge an objection within 60 days of the issue date of your rates notice or supplementary rates notice (in accordance with the Valuation of Land Act 1960)
Even if you're planning to make an objection, you still need to pay your rates instalments by their due dates, otherwise you may be charged interest.
How to lodge an objection
Request a form
The objection must be lodged using the correct form.
To request a copy of the form, please submit the online valuations enquiry form or call us on 1300 787 624 to speak to a member of our Valuations team, who will discuss your options with you.
Objections will be considered in accordance with the Act. If you object and are not satisfied with the outcome, you can take the matter to VCAT