It’s rates notice time – has your property been overvalued?

By Craig Whatman - August 7, 2017

If you are the owner of property in Victoria, you will have received or will shortly receive your annual rating and taxing notice for 2017-2018.

Your rates notice will include the site value of your property, which is determined by an independent valuer appointed by your local council or by the State Valuer-General. Victorian legislation stipulates that all properties must be revalued every two years.

If your property is subject to land tax, the site value will be used to calculate how much land tax you are liable to pay for the 2018 and 2019 land tax years. Therefore, it is worth reviewing the site value of your property to ensure you are not overpaying land tax relative to other property owners in the same area.

If you disagree with the assessed site value, you can lodge an objection to the rates notice with your local council. Generally, the objection must be in writing and lodged with the relevant council within 2 months of receiving your rates notice.

In deciding whether or not to lodge an objection, it is helpful to know if the site value figure that the council has come up with is reasonable. Pitcher Partners can arrange for a professional valuer to undertake an initial desktop review of your property at a very competitive cost, to assist you in determining whether the site value on your rates notice is reasonable. If the desktop review determines that the site value is too high, we can then assist you with lodging an objection with your local Council.

If the objection is successful, a supplementary report will be issued to reflect the new site value of the land. The new valuation will also be forwarded to the State Revenue Office and land tax should then be calculated based on the revised site value.

Please contact your Pitcher Partners representative or one of our land tax experts below if you would like us to arrange a desktop valuation review of your property or to assist you with lodging an objection to a rates notice.

Contact our experts

Other articles


Top of Page


Rob Southwell

Rob Southwell's picture


Managing Partner and Partner – Private Business and Family Advisory

> View profile

Nigel Fischer

Nigel Fischer's picture


Managing Partner - Private Business and Family Advisory

> View profile

Michael Minter

Michael Minter's picture


Managing Partner

> View profile

Leon Mok

Leon Mok's picture


Managing Director

> View profile

Brendan Britten

Brendan Britten's picture


Managing Partner and Executive Director/Partner- Business Advisory and Assurance

> View profile

Ben Brazier

Ben Brazier's picture


Managing Principal

> View profile

Partnership fraud


Paperwork and independent advice saves partnerships from fraud

Discover more

Kia Ora Horse Stud


Pitcher Partners fills a Financial Manager gap to keep the business on track

Discover more

Fuel Injection Company Administration


A fuel injection company began life as an Australian public company before being acquired by a UK publicly listed company while in the research and development stage of a “green...

Discover more

@PitcherPartner AT THE TOP | Congratulations to Jason Fallscheer, Client Director of our Melbourne firm, who has been named in the…