The Capital Improved Value (basically the market value of land and improvement), of your property is multiplied by the rate in the dollar set by Council.

• From 1 July 2011 to 30 June 2012 the General rate in the dollar is 0.002834;
• the Commercial and Industrial rate in the dollar is 0.003287;
• the Farm Land rate in the dollar is 0.002409;
• the Vacant Land - res1, township, LDRZ zoning rate in the dollar is 0.005668.

In addition to the above rates, there is a municipal charge of $93.00 and a possible waste management charge depending on the rate type.

Payment calculation example (general)

$450,000        Capital Improved Value (CIV) 

$1,275.30       X 0.002834 Rate in $  

+ $93.00         Municipal Charge       

 + $323.60      Waste Management Charge

= $1,691.90    Amount of Rates Payable

Farm classification

In accordance with Section 2(1) of the Valuation of Land Act 1960, a farm classification applies to a property that is more than two (2) hectares, and is being used as a business with significant and substantial commercial purpose or character which seeks to make a profit on a continuous or repetitive basis that is used primarily for:

• grazing (including agistment)
• pig farming
• fish farming
• bee-keeping
• horticulture
• dairying
• poultry farming
• tree farming
• viticulture
• crop growing (of any kind)

If you believe you meet this criteria then please contact Rates and Valuation's for an application form.