Capital value (the value of land, buildings and other improvements) is used to calculate your rates. How are your rates calculated video.
The Office of the Valuer-General (state government) determines the capital value of your property. The value of your property is not determined by council.
Objections to your property value
If you believe that your property value is incorrect you may object within 60 days of receiving your first rates notice.
Objections must be forwarded to the Office of the Valuer-General:
Post: GPO Box 1354, Adelaide SA 5001
Phone: 1300 653 346
Visit the valuer general's web page on How to Object.
Revaluation initiative by the Office of the Valuer General
In South Australia property values are determined by the Valuer General. Under the Valuation of Land Act 1971, the Office of the Valuer General provides a value for every property in South Australia annually that takes effect from 1 July each year. The Valuer General delivers annual general valuations for both site (the value of the land excluding structural improvements) and capita l values (the value of the land including improvements) for the State for the purpose of rating and taxing.
This year the Valuer General is delivering a project named the Revaluation Initiative and extensive research and data collection has been undertak en for the most recent General Valuation to identify errors and/or missing information. Changes to land zoning, the physical nature of the property or market trends impact the capital value. This has resulted in some properties in 2021 22 having changes more pronounced than the average percentage of change due to market shifts. Such reviews are common place and best practice to ensure accuracy. If your proper ty value is amended to be a much higher/lower, it is not because you are now over or under valued, but rather it is now at a more accurate level. Please refer to the Office of the Valuer General website for further information.
Revaluation initiative useful information
Revaluation Initiative for Independent Living Units information