Valuations - what are the valuations shown on my rate notice?

There are three valuations shown on your rate notice:
  1. Site Value (SV) - land value only.
  2. Capital Improved Value (CIV) - site land value plus all property improvements eg house, fence, garage etc.
  3. Net Annual Value (NAV) - percentage value of CIV.
We use the CIV in a formula to calculate your rates.

Page last updated: Monday, 28 October 2019