How is my Property Valued?
The Valuer-General has the responsibility of the direction, control and management of the valuation of land and property in accordance with the Valuation of Land Act 2001
Your property will be revalued when:
- A new building has been erected
- An existing building has been changed
- An addition to the property, like a swimming pool or fence has been madeLand boundaries are changed
- Properties are amalgamated or separated
In addition, your property is revalued every two years to be more closely aligned to the current market value of a property. This is called an Adjustment Factor.
All properties also receive a full revaluation every seven years. The next full revalation of the Southern Midlands Municipality is due in 2016.
If You Disagree with the Valuation Provided
If you wish to discuss your valuation as shown on your notice please contact the valuers who provided your valuation.
If you wish to discuss other information or details on your Notice of Valuation contact the Office of the Valuer-General on 03 6233 3715 between the hours of 08:45am and 5:00pm.
If you wish to object to your valuation , your objection must be made on the Notice of Objection form. Objections must be lodged within sixty (60) days from the date of the Notice of Valuation.
Grounds for objection must be clearly stated. Where the objection is against the values detailed on the Notice of Valuation, you must provide suitable evidence to support your objection. Any discussion of rates and land tax is not valid grounds for objection.
All objections will be reviewed and assessed. The Office of the Valuer-General will notify you in writing advising of the decision regarding your objection.
