Rates notices

Thursday, 19 September 2019

The following comments can be attributed to Director Customer and Corporate Services, Michael Dugina:

How many complaints has the City received regarding 2019/20 rates notices?

The City has received 95 formal objections to property valuations.
This represents about 0.07 per cent of the 125,981 rateable properties in Greater Geelong. 

Is the City at all concerned by land valuations more than doubling in two years for some properties?

Properties in some parts of the City increase in value at a greater rate than others.
The revaluation for 2019 found residential properties had increased in value by an average of 13.1 per cent. If owners don’t agree with the valuation of their property, we encourage them to contact us to discuss their concerns.

We’ve seen multiple complaints that rates notices are increasing by 10% or more due to large land valuation increases – effectively negating the State Government’s rates cap. What is Council’s response to concerns around this?

The total combined general rates increase for the City aligns with the capped limit set by the State Government at 2.5 per cent.
Individual rates notices are affected by fluctuations in the value of all properties across the municipality. If your residential property rose in value by more than the average (13.1 per cent), your rate increase may be higher than the 2.5 per cent rates cap.
On the other hand, land owners with lower than average increases could expect to see a decrease in their rates.

What is the City’s advice for those wanting to contest rates notices or land valuations?

Revaluations are now conducted annually by the Valuer-General Victoria and not by the City. If you do not agree with the Valuer-General’s valuation of your property, you can contact us to discuss your concerns. Formal objections must be completed in writing within two months of the date of the rate notice.





Page last updated: Thursday, 19 September 2019

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