Understanding Your Rates
01 August 2016
In line with changes to State legislation, for local government rates this year, Greater Dandenong Council has limited the increase in its overall rates to 2.5%.
However, most ratepayers will not see the change in their rates bill equal to this amount due to changes in the value of different properties.
Every two years Council is required (by law) to revalue all of its rateable properties, meaning some properties may increase substantially in value, while others may increase by less or even stay the same. Whilst changes in the valuation impact on the amount of rates to be paid, it is important to note that overall Council makes no extra money from this.
Over the past two years, the average increase in residential valuations in this Council was 24%.
All properties have been revalued this year, so if your property value has increased by more than the average in Greater Dandenong, you will pay a higher increase in rates than 2.5%. If your property has increased by less than the average you will see a lower increase or even a drop in your rates.
Properties are valued by independent valuers and take into account total value of the land, buildings, swimming pools, garages and any other improvements. Valuers also analyse sales and rental data for each neighbourhood to determine their final valuation.
The valuation assessed by Council is shown on your rate notice under the heading ‘CIV’ which stands for Capital Improved Value. This is total value of your house and land.
If you would like to see historical movements in both the valuation of your property and previous year’s rates, you can register for ‘MyGreaterDandenong’.
Please note the 2.5% rate increase does not include the Fire Services Levy or Landfill Levy, which Council collects on behalf of the State Government. It also doesn’t include the Council waste charge which is set at a level that recovers the cost of providing this service.