Valuation No.
1937024501
Location
56 Eighty Eight Valley Road, Wakefield
Legal Description
LOT 3 DP 8509 BLK XVI WAI-ITI SD
Certificate of Title
4A/624
Ward No.
3
Zone
9B
Use
91
Category
RD197
TORAS
111000
Property Area (hectares)
0.1102
Current Rating Valuation
As valued at 1 September 2023
Land Value
$360,000
Improvements Value
$310,000
Capital Value
$670,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$360,000
New Improvements Value
$310,000
New Capital Value
$670,000
Rates Information
Current Rating Year
2026/2027
Current Year Rates Instalments
Instalment 1.
$1,215.10
Instalment 2.
$1,215.10
Instalment 3.
$1,215.10
Instalment 4.
$1,215.09
Current Year's Rates
$4,860.39
Previous Year's Rates
$4,296.08
Rates for Current Year 2026/2027
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | General Rate (C) | 670,000.00 | 0.2218c/$CV | $1,486.06 | |
| 010 | Uniform Annual General Charge (U) | 1.00 | $429.00/Pty | $429.00 | |
| 015 | Wastewater - 1st Pan (U) | 1.00 | $1280.50/pan | $1,280.50 | |
| 040 | WaimeaComDam-Env&ComBen-Distri (U) | 1.00 | $76.69/Pty | $76.69 | |
| 108 | Refuse/Recycling Rate (U) | 1.00 | $140.29/Pty | $140.29 | |
| 109 | Shared Facilities Rate (U) | 1.00 | $74.92/Pty | $74.92 | |
| 120 | Mapua Rehabilitation Rate (U) | 1.00 | $3.66/Pty | $3.66 | |
| 121 | 2025 Weather Event Recovery Rate (U) | 1.00 | $123.48/Pty | $123.48 | |
| 125 | Museums Facilities Rate (U) | 1.00 | $74.34/Pty | $74.34 | |
| 126 | District Facilities Rate (U) | 1.00 | $142.53/Pty | $142.53 | |
| 157 | Urban Wat.Supply- Serv Chge (U) | 1.00 | $605.48/meter | $605.48 | |
| 174 | Regional River Works - Area Z (L) | 360,000.00 | 0.0134c/$LV | $48.24 | |
| 180 | Stormwater UDA (C) | 670,000.00 | 0.0560c/$CV | $375.20 | |
| Total | $4,860.39 | ||||
Water
| Account | Location | Meter ID | Tariff | Charged YTD | Last Year |
|---|---|---|---|---|---|
| W70019 | 56 Eighty Eight Valley Road, Wakefield | 17MC239873 | 93 | $318.89 | $467.65 |
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2025/2026 | $360,000 | $670,000 | $4,296.08 |
| 2024/2025 | $360,000 | $670,000 | $3,880.76 |
| 2023/2024 | $310,000 | $590,000 | $3,620.21 |
| 2022/2023 | $310,000 | $590,000 | $3,346.91 |
| 2021/2022 | $310,000 | $590,000 | $3,233.59 |
| 2020/2021 | $215,000 | $460,000 | $3,052.79 |
| 2019/2020 | $215,000 | $460,000 | $3,070.27 |
| 2018/2019 | $215,000 | $460,000 | $3,024.65 |
| 2017/2018 | $165,000 | $355,000 | $2,930.11 |
| 2016/2017 | $165,000 | $355,000 | $2,927.00 |