Property valuations explained

Property Valuations Explained

The Valuer-General Victoria (VGV) is the official authority responsible for all property valuations used by local governments across Victoria. Since 1 July 2019, property valuations are conducted annually, with values determined as at 1 January each year. These valuations form the basis for your council rates and land tax assessments.

Expand the sections below to read more about how valuations are derived, what they mean, how to object, and what happens next.

For further information, please contact us.

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