How often are valuations undertaken?

The Valuer-General Victoria is now responsible for the undertaking of valuations (for Council rates, fire services levy and land tax purposes) in Victoria. These valuations are now undertaken annually. Previously, they were undertaken every two years. 

This has changed to more accurately reflect any recent change/trends in values. Centralising the valuation function with the Valuer-General also improves:  

• efficiency  
• consistency 
• transparency  
• cost effectiveness.