Valuations & Objections
Councils may adopt one of three valuation methodologies to value the properties in its area. They are:
- Capital Value - the value of the land and all the improvements on the land.
- Site Value - the value of the land and any improvements which permanently affect the amenity of use of the land, such as drainage works, but excluding the value of buildings and other improvements.
- Annual Value - a valuation of the rental potential of the property.
The Council has decided to continue to use capital value as the basis for valuing land within the Council area. The Council considers that this method of valuing land provides the fairest method of distributing the rate burden across all ratepayers on the following basis:
- Rates constitute a system of taxation and the equity principle of taxation requires that ratepayers of similar wealth pay similar taxes and ratepayers of greater wealth pay more tax than ratepayers of lesser wealth;
- Property value is a relatively good indicator of wealth, and capital value, which closely approximates the market value of a property, provides the best indicator of overall property value
A Council may employ or engage a valuer to value the land in the area or it may use the valuations provided by the Valuer-General, or it may use a combination of both subject to certain restrictions. The Valuer-General is a statutory officer appointed by the Governor.
The Council has adopted the valuations made by the Valuer-General and provided to the Council in April 2019. If a ratepayer is dissatisfied with the valuation made by the Valuer-General then the ratepayer may object to the Valuer-General in writing, within 60 days of receiving the notice of the valuation, explaining the basis for the objection, provided they have not:
- previously received a notice or notices under the Local Government Act 1999 referring to the valuation and informing them of a 60-day objection period, the objection period is 60 days after service of the first notice;
- made an objection to the vaulation if the Valuer-General has already considered an objection by them to that valuation.
The Valuer-General may extend the 60 day objection period where it be shown there is reasonable cause to do so by a person entitled to make an objection to valuation.
A written objection to valuation must set out the full and detailed grounds for objection. Objections can also be submitted via an online form at http://www.sa.gov.au/landservices and enter "Objecting to a Valuation" in the search field. Differential Rates (and or charges) imposed by rates (and or charges) are still due and payable by the "Last Day for Payment" even if an objection has been lodged.
Objections are to be forwarded to:
Office of the Valuer General
GPO Box 1354
Adelaide SA 5001
101 Grenfell Street
Adelaide SA 5000
Phone: 1300 653 345
Fax: 8115 5709
Please note that the Council has no role in this process. It is also important to note that the lodgement of an objection does not change the due date for the payment of rates.