📬 Got your land valuation notice from the NSW Valuer General and wondering what it means for your rates? You’re not alone. Here’s what you need to know: ✅ A change in your land valuation does not automatically mean an equivalent change to your Council rates. ✅ Rates are based on the unimproved value of land, not your home, buildings or other improvements. ✅ After each valuation, rates are redistributed across properties based on their relative land values. ✅ Council does not receive additional
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We all know Sydney property prices are going through the roof, but so is the cost of the land that they're built on. That may seem like good news for homeowners, but there's a downside. Higher land values mean higher land tax and council rates. 7NEWS at 6pm. More local news: 7news.com.au/news/Sydney #LandValues #7NEWS | 7NEWS Sydney
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💰 Land values across New South Wales have reached an all-time high of $3.09 trillion, rising 3.6% from $2.98 trillion in 2024. The NSW Valuer General has now finalised land values for every parcel of land across the state, reflecting land-only values as at 1 July 2025. These valuations are underpinned by the most robust market evidence available, including an analysis of more than 66,000 property sales across NSW. For more information on land values and the NSW valuation system, visit https://o
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