Land Valuation Calculator Nsw

Enter your address or property id number found on your land valuation notice pdf 2 4mb.

Land valuation calculator nsw. Councils for calculating and distributing rates. The zestimate is calculated from public and user submitted data. It is a starting point in determining a home s value and is not an official appraisal. Updating your home facts can help make your zestimate more accurate.

The nsw land tax is calculated using the appropriate nsw land tax rate on the total value of all your taxable land above the land tax threshold 629 000. Land tax assessment from revenue nsw. Land values are available on the land values and property sales map as a joint initiative of the valuer general and spatial services. But it includes land improvements like draining excavating filling clearing and retaining walls.

Land values are used by. Revenue nsw for calculating land tax liability. Find your annual land valuation. When calculating your land tax don t include dollar signs commas spaces or cents.

Combined with a fixed amount. Alone but sometimes subject to a minimum amount or. You can find out the land value and other details of your property going back to 2001 online. The zestimate home valuation is zillow s estimated market value for a home computed using a proprietary formula.

The valuer general nsw valuation portal provides the community industry and other government agencies with access to valuation products and services. The valuer general determines the value of land and every 3 years provides a notice of valuation to property owners. The amount of tax paid is 100 and 1 6 per cent of the land value between the threshold and the premium rate threshold 3 846 000 and 2 per cent thereafter. If your land value increases it doesn t necessarily mean your rates will rise as they depend on.

Your council will calculate rates based on your property s land value either. You can explore land values throughout nsw. Land values for rating purposes are supplied by the valuer general s office every 3 to 4 years. Land values help councils calculate and distribute rates.

You can find your land value on your. You can use it to access information for a property including. The land values and property sales map also includes land value information. Land tax is a tax levied on the owners of land in nsw as of midnight on 31 december of each year.

Notice of valuation from the valuer general. It gives landholders the opportunity to consider their land value before it is used by council. A notice of valuation shows the land value of a property based on property market conditions.