Bass Coast Shire Council is required by the Valuation of Land Act 1960 to value/revalue all rateable properties within the municipality on a two yearly cycle. This ensures that both Local and State Government recognise changes in the property market which are reflected in the level of rates or land tax a landowner will pay.
Valuations do not increase rates or influence total rates collected. Valuations simply set the base upon which rates are levied and apportion total rates according to each property's value.
A summary of frequently asked questions about property valuations.