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Calculating Your Rates

Visit Us: Malvern Town Hall, 1251 High Street, Malvern Prahran Town Hall, 180 Greville Street, Prahran
Mail: City of Stonnington, PO Box 21, Prahran 3181

In accordance with State Government legislation, Council undertakes a revaluation of properties within the City of Stonnington every two years. The most recent revaluation has a base date of January 2010 and was based on the property market at this time. It will be used for calculating the 2010/11 and the 2011/12 Council rates.

Council's Valuers are required to assess three bases of value on all rateable properties within the municipality. Council uses the Capital Improved Value (CIV) as its basis for calculating general rates. The CIV is the value of the land and any improvements on the property. It is the sum that the property would be likely to realise at the time of valuation, if offered for sale.

General rates in the City of Stonnington are calculated by multiplying the CIV by the rate in the dollar. This rate for the 2011/12 financial year is 0.001148.

A garbage charge applies if there is a dwelling on the property. The annual charge for a 120-litre bin for the 2011/12 financial year is $192.00.

Calculating Your Rates

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