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Your rates notice lists multiple valuations that are used in a variety of ways to determine your rates and levies. The main valuation figure is the capital improved value (CIV).
How to read your rates
Your property value is updated each year by the Victorian Government Valuer-General Victoria. We are not responsible for setting your rates.
The value shown on your notice is the value of the property at 1 January of this year.
Although the CIV for your property is used to determine the amount due for general rates, only a large rise or fall in your property value, relative to other properties in Banyule, will affect the amount you pay.
The objection period is now closed.
When open, The Victoria Government valuation objection portal allows you to objection to the amounts shown on your valuation and rates notice.
We will check your submission first for accuracy. It will then be sent to a valuer for review.
Before you begin, you will need:
Submit your objection in the portal
If your objection regards a commercial or industrial property, you can also use one of the Valuer-General Victoria forms:
This process can take up to 4 months, and does not suspend your rates owed in the interim.