Property Valuations and Objections to Valuations

Victorian Law requires the Valuer-General to value properties in the City of Greater Dandenong each year. Council uses these valuations to work out your rates.

Council uses the Capital Improved Value (CIV) to work out your rates. The CIV is the total market value of the land, plus buildings and other improvements.

The Valuer General assesses the Capital Improved Value of each property as 1 January every year. This is in line with:

  • The Valuation of Lands Act 1960; and
  • The Valuation Best Practice Specifications published by the Valuer General

Why the rates valuation process changed

To be clearer and more efficient, the Valuer-General Victoria is now responsible for valuations rather than local councils. All states and territories now have the same statutory valuation authority responsible for rating and taxation valuations.
 

Why valuations are now done yearly

Yearly valuations will help make the way Council distributes rates clearer and more accurate. The move to yearly valuations will reflect changes in valuations on your rates notice and land tax valuations.

Objection to the Valuation

A formal objection to a valuation can be made, upon the grounds set out in the Valuation of Land Act 1960.

An objection to a valuation does not remove the need to pay the rates that have been levied. Failure to pay rates on time may result in interest being charged.

Please keep in mind that the existing valuation reflects the market price at the date of valuation. It does not always reflect today's values and the property market may have increased or decreased since the date of the valuation.
 

When can you lodge an objection?

It must be lodged within 60 days of the date of issue of the Annual Rates Notice (not a November, February or May installment notice)

Before 60 days

To object to an Annual Rates Notice valuation:

CSO:

Advise the customer to visit ratingvaluationobjections.vic.gov.au portal and lodge their objection online.
Council does not deal with the objections this is the Victorian Valuer General.

For general enquiries

Transfer to Valuations

After 60 days

CSO:

  • Advise ratepayers that an objection cannot be lodged for this year's rates, they may however lodge an objection within 60 days from next year's Annual Rates Notice date of issue as per Local Government Act.

 

Supplementary valuations

If changes to a property happen that could alter its value, Council does a supplementary valuation during the year to update property records.

Property changes can include:

  • alterations
  • additions
  • demolitions
  • subdivisions
  • changes in the use of a property
  • zoning changes.

The supplementary valuation takes effect as soon as Council approves the valuation.

In some cases, supplementary valuations are backdated to fix errors. Council then adjusts the rates for the year based upon:

  • the amount still left to pay
  • the date Council approved the supplementary valuation.

Related information