Rates Calculations Explained
How are my rates calculated?
Each Property is individually assessed by the Valuer Generals Office once every 3 years, to determine its Gross Rental Value (GRV). Where a property is vacant, the GRV is calculated as 5% of the market value of the land.
- Gross Rental Value = The yearly rent the property would be expected to receive if rented
The City of Melville then sets the the Rate in the Dollar that it will charge to maintain the city's services.
- Rate in the Dollar = The rates charged per dollar of Gross Rental Value
A combination of the two will result in in your rates charges
-
The 'Rate in the Dollar' is shown in the top right hand corner of your rate notice.
PLEASE NOTE: The Valuer Generals Office has reassessed the Gross Rental Value of each property this year. Though the City of Melville has reduced the 'Rate in the Dollar' to limit the impact, this will result in considerable changes to some peoples rates, as property values have changed dramatically.
Additional Service Charges
Refuse Charges, Security Charges, Pool Inspection Charges:
- These are flat rate charges and are not affected by your Gross Rental Value.
- Houses with pools are charged Pool inspection fees.
- Click here for information
- Vacant blocks do not have refuse pickups or charges
- Click here for information
- All properties are charged the property surveilance and security charge
- Click here for information
Underground Power
-
This is a one off charge for those residents receiving underground power this financial year.
- Click here for information