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.

Lodging a Valuation Objection

If you think your property's valuation is incorrect, you can lodge an objection. In most cases, you must do this within two months of the issue date shown on your Annual Rates and Valuation Notice or Supplementary Notice.

When you lodge your objection, explain why you think the valuation is incorrect. You can include information such as recent sales of similar properties, details about your property, or anything else that may affect its value.

An independent valuer appointed by the Valuer-General Victoria will review your objection and the information you provide. You will be notified in writing of the outcome.

Lodging an objection does not change your responsibility to pay your rates by the due date. If your objection is successful, your property valuation will be amended. Any changes to your rates or levies will be processed after Council receives the certified valuation from the Valuer-General Victoria.

Downloadable objection forms

Residential Valuation Objection(DOC, 982KB)

Rural Valuation Objection(DOC, 988KB)

Commercial / Industrial Valuation Objection(DOC, 986KB)

Related information

Rates and charges explained
Rate payment options and channels