Land valuations

How do land valuations work?

The NSW Valuer General provides independent land valuations at least every 3 years. Local councils use these valuations to help determine rates.

Land value is based on factors such as recent sales, land use, zoning restrictions and nearby amenities. This is known as your unimproved capital land value. (It does not include the value of a house or property improvements.)

The Valuer General sends landholders a Notice of Valuation when council receives new land values.

For more about land tax see Revenue NSW

How does my land value affect my rates?

Only part of your rates are linked to your land value. This is known as the Ad Valorem component, which includes a minimum rate. Council uses the minimum rate to ensure a fair contribution from all ratepayers.

The other part of your rates (such as water access, sewerage access and waste collection) is not linked to your land value.

An increase in land value does not necessarily mean an increase in rates (Council does not receive more money because land values increase). Some people may pay more or less on their rates depending on the change in value of their land relative to changes in land values across the Tweed.

How do I have my land valuation reviewed?

Land holders who disagree with their land valuation can lodge an objection directly with the Valuer General within 60 days. (You must still pay your rates while your objection is being considered.)