Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Updated Valuations Now Available Online in Timaru District

Updated Valuations Now Available Online in Timaru District


People in Timaru District can now check and see what their property is worth online.

Quotable Value has this week published the latest results of their three yearly valuation of all the 22,363 properties in the district.

They will be posting a copy of the valuation to all the properties in the district, but those who are keen to know can get their latest valuation for free on the QV website qv.co.nz or the QV Homeguide app now.

The overall results show the capital value of an average house in Timaru District is $360,600, an increase of 21 percent over the last valuation in 2014. Land values have also increased by 34.5 percent.

Tina Rogers, Group Manager Corporate Services says that the land valuations are only used to determine part of how much each property pays for council services.

?A large percentage rise in your land value doesn?t correspond to the same rise in your rates bill. Land value is only one part of the rates, most residential customers pay a standard charge for things like water supply, waste and sewerage as well as the uniform annual charge,? she said.

?The overall headline amount of rates paid to the council doesn?t change that dramatically, but the percentage that each household pays may change a little, in some cases up and in some cases rates may even decrease.?

Rates calculations based on the new ratings won't come into force until the 2018-2019 ratings year, which starts on 1 July 2018.

Collectively the total capital value of the 22,657 properties within Timaru District now stands at nearly $14 billion dollars, with the land value sitting at just above $7billion.

If owners do not agree with the rating value they have the right to object.

The objection close-off date is 19 January, 2018.

To find out more about objections or to lodge an objection online go to www.ratingvalues.co.nz or call 0800 787 284 to request an objection form.


ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Cyclone Gita: Metservice Forecasts Gita To Impact New Zealand - Be Prepared

Cyclone Gita is expected to approach New Zealand from the northwest. There remains some uncertainty with regards to the speed and track of Gita, but the passage of this system across New Zealand on Tuesday and Wednesday is likely to bring a period of highly impactful severe weather.

People should be aware of the potential for coastal inundation, especially where high waves,low atmospheric pressure and strong onshore winds come together ... More>>

 

'Hit And Run' Raid: NZDF Had Reports Of Civilian Casualties

The NZDF received intelligence updates within one or two days of the August 2010 SAS raid in Afghanistan that reported civilian casualties, including the death of a child, new OIA documents reveal... it appears they did not bother to investigate nor made any effort to help the victims. More>>

ALSO:

Christchurch Public Meeting: Complete U-Turn By Labour And NZ First On TPP

The TPP might have been re-branded as the CPTPP but it's still the same bad deal says Professor Jane Kelsey, New Zealand's expert on international economic regulation. More>>

ALSO:

Commerce, Etc: Thicker Bright Line For Real Estate

Revenue Minister Stuart Nash has confirmed the bright-line test on residential property sales will be extended from two years to five years in legislation currently making its way through Parliament.More>>

ALSO:

Prison Inspections: Reports on Manawatu and Paremoremo Released

The Office of the Inspectorate today released reports into Manawatu Prison and Auckland Prison (Paremoremo), the first two resulting from a programme of inspections of New Zealand prisons. More>>

Whistle Blowers: Government To Review Law On Protection

Work has begun on a review of the Protected Disclosures Act 2000, Minister of State Services Chris Hipkins said today. More>>

ALSO:

Gordon Campbell: On National’s Leadership Contest

National needs a new leader able to: (a) compete with, undermine and defeat a currently popular and politically adept Prime Minister; (b) define whether National now sees itself as being a traditional conservative party or a modern neo-liberal one; (c) devise a strategy that addresses National’s chronic lack of a viable coalition partner More>>

ALSO:

Christchurch: PM Launches 100% Electric Car Share Offering

The Southern Hemisphere’s biggest deployment of pure battery electric cars and largest pure EV car sharing model was officially launched in Christchurch today by Prime Minister Jacinda Ardern. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages