How will the change in valuations affect my rates?
Revaluations do not increase or decrease Council’s overall total rates revenue. A revaluation re-distributes the amount each property contributes to Council’s overall rate income.
Examples
If you live in Langwarrin South which experienced an increase in valuations of 1.95 per cent, compared with the municipal overall average of a 5.63 per cent reduction, there would be a larger shift in/increase in rates for these residents.
If you live in Seaford which experienced a reduction in valuations of 6.32 per cent, as this was a larger reduction than the municipal overall average of a 5.63 per cent reduction, these ratepayers may experience a small increase or even a small decrease in their rates.