Valuation No.
1937026600
Location
627 Eighty Eight Valley Road, Wakefield
Legal Description
LOTS 2 & 3 DP 16280 PT LOT 1 DP 10895 PT SECS 2-5 OF 22 PT SECS 23-25 BLK XVI WAI-ITI SD & EASEMENT DP 18929
Certificate of Title
10C/1101 6D/1066
Ward No.
2
Zone
1B
Use
12
Category
PFE
TORAS
111000
Property Area (hectares)
233.8935
Current Rating Valuation
As valued at 1 September 2023
Land Value
$4,040,000
Improvements Value
$810,000
Capital Value
$4,850,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$4,040,000
New Improvements Value
$810,000
New Capital Value
$4,850,000
Rates Information
Current Rating Year
2026/2027
Current Year Rates Instalments
Instalment 1.
$6,938.32
Instalment 2.
$6,938.32
Instalment 3.
$6,938.32
Instalment 4.
$6,938.32
Current Year's Rates
$27,753.28
Previous Year's Rates
$24,984.85
Rates for Current Year 2026/2027
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | General Rate (C) | 4,850,000.00 | 0.2218c/$CV | $10,757.30 | |
| 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) | 20.00 | $726.47/1m3/day | $14,529.40 | |
| 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 | $142.53 | |
| 174 | Regional River Works - Area Z (L) | 4,040,000.00 | 0.0134c/$LV | $541.36 | |
| 182 | Stormwater: General Drainage (C) | 4,850,000.00 | 0.0059c/$CV | $286.15 | |
| Total | $27,753.28 | ||||
Water
| Account | Location | Meter ID | Tariff | Charged YTD | Last Year |
|---|---|---|---|---|---|
| WR88V191 | 627 Eighty Eight Valley Road, Wakefield | RESTRICTOR | 0 | $0.00 | $0.00 |
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2025/2026 | $4,040,000 | $4,850,000 | $24,984.85 |
| 2024/2025 | $4,040,000 | $4,850,000 | $22,036.79 |
| 2023/2024 | $3,900,000 | $4,640,000 | $22,595.37 |
| 2022/2023 | $3,900,000 | $4,640,000 | $18,966.95 |
| 2021/2022 | $3,900,000 | $4,640,000 | $17,579.64 |
| 2020/2021 | $3,250,000 | $3,940,000 | $17,018.70 |
| 2019/2020 | $3,250,000 | $3,940,000 | $16,206.21 |
| 2018/2019 | $3,250,000 | $3,940,000 | $14,768.91 |
| 2017/2018 | $2,730,000 | $3,280,000 | $13,587.68 |
| 2016/2017 | $2,730,000 | $3,280,000 | $13,272.20 |