Valuation No.
1937024700
Location
74B Eighty Eight Valley Road, Wakefield
Legal Description
LOT 3 DP 502610
Certificate of Title
753333
Ward No.
2
Zone
1B
Use
21
Category
LI199
TORAS
121000
Property Area (hectares)
30.8513
Current Rating Valuation
As valued at 1 September 2023
Land Value
$1,250,000
Improvements Value
$490,000
Capital Value
$1,740,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$1,250,000
New Improvements Value
$490,000
New Capital Value
$1,740,000
Rates Information
Current Rating Year
2026/2027
Current Year Rates Instalments
Instalment 1.
$2,168.61
Instalment 2.
$2,168.61
Instalment 3.
$2,168.61
Instalment 4.
$2,168.60
Current Year's Rates
$8,674.43
Previous Year's Rates
$7,870.96
Rates for Current Year 2026/2027
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | General Rate (C) | 1,740,000.00 | 0.2218c/$CV | $3,859.32 | |
| 010 | Uniform Annual General Charge (U) | 1.00 | $429.00/Pty | $429.00 | |
| 040 | WaimeaComDam-Env&ComBen-Distri (U) | 1.00 | $76.69/Pty | $76.69 | |
| 051 | 88 Valley Water Service Charge (U) | 1.00 | $714.45/pty | $714.45 | |
| 068 | 88 ValleyWaterSupp-Variablechg (U) | 4.00 | $726.47/1m3/day | $2,905.88 | |
| 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 | $142.53 | |
| 174 | Regional River Works - Area Z (L) | 1,250,000.00 | 0.0134c/$LV | $167.50 | |
| 182 | Stormwater: General Drainage (C) | 1,740,000.00 | 0.0059c/$CV | $102.66 | |
| Total | $8,674.43 | ||||
Water
| Account | Location | Meter ID | Tariff | Charged YTD | Last Year |
|---|---|---|---|---|---|
| WR88V097 | 74B Eighty Eight Valley Road, Wakefield | RESTRICTOR | 0 | $0.00 | $0.00 |
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2025/2026 | $1,250,000 | $1,740,000 | $7,870.96 |
| 2024/2025 | $1,250,000 | $1,740,000 | $7,137.76 |
| 2023/2024 | $990,000 | $1,380,000 | $6,552.63 |
| 2022/2023 | $990,000 | $1,380,000 | $5,578.82 |
| 2021/2022 | $990,000 | $1,380,000 | $5,191.14 |
| 2020/2021 | $760,000 | $1,130,000 | $4,916.30 |
| 2019/2020 | $760,000 | $1,130,000 | $4,732.14 |
| 2018/2019 | $760,000 | $1,130,000 | $4,384.99 |
| 2017/2018 | $660,000 | $900,000 | $3,978.73 |
| 2016/2017 | $660,000 | $900,000 | $3,893.00 |