Rates

Calculating rates

If you’re a property owner, the amount of rates you pay depends on a number of factors, including the type of property you own – such as residential, commercial or rural – and the unimproved value of that property.

Whether you pay certain levies, such as the Fire and Emergency Services Levy (FESL) and the Safer Families Levy, also depends on the type of property you have.

To get an idea of how much your rates are, use our calculator below. This calculator should serve as a guide only.

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Average Unimproved Value (AUV)
enter an amount. e.g. 455000
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Rates
Rates fixed charge
Rates AUV charge
Safer Families Levy
Fire and Emergency Services Levy (FESL) charge
Total Rates 1 July - 30 June
Land Tax
No land tax liability.
1 July - 30 September
1 October - 31 December
1 January - 31 March
1 April - 30 June
Total Land Tax 1 July - 30 June
This calculation is based on

    How are rates calculated?

    For standard properties, the amount of rates you pay is made up of two components: a fixed charge and a valuation charge.

    The fixed charge depends on the use of the property (see Table 1 below).

    The valuation charge is calculated by applying a rating factor to the average unimproved value (AUV), which is the average of the property’s unimproved value over the last three years (see Table 2 below). For example, the AUV for 2017–18 is the average of the property’s unimproved value over 2015, 2016, and 2017. So, the ultimate calculation looks like this:

    Standard properties = fixed charge + (AUV x rating factors)

    Calculating rates for unit properties that are part of a registered Unit Title Plan – a block of land that’s been subdivided into units – is similar to the calculations you do for standard properties, except that the whole unit title development is treated as a single block of land with a single unimproved value. Each unit is still responsible for a fixed charge and a valuation charge.

    To calculate the valuation charge, part of the block’s AUV is allocated to each unit based on its unit entitlement percentage. The unit entitlement percentage is the percentage that a unit holds compared with the overall unit complex. You then apply the rating factor to that part of the average unimproved value (see Table 2 below). The calculation looks like this:

    Unit properties = fixed charge + (AUV x unit entitlement percentage x rating factor)

    Unit title properties in 2017-18

    Charges for unit title properties in 2017-18 have been calculated on the Average Unimproved Value of the residential portion of the total unit complex and your residential unit entitlement. The formula used to calculate charges for residential units is:

    (Residential AUV of Master Property x Marginal Rates) x Unit Entitlement + Fixed Charge + Fire & Emergency Services Levy + Safer Families Levy -$100 rebate

    Please note that the unit entitlement used in the above calculation methods is the individual unit portion of the total aggregate of residential properties in the complex.

    Please contact the ACT Revenue Office for further assistance.

    Table 1 – Fixed charge

    The fixed charge for different property categories in 2017–18 is as follows:

    Property

    Fixed charge

    Residential

    $765

    Commercial

    $2,380

    Rural

    $155

    Table 2 – Valuation charge

    The valuation charge for different property categories in 2017–18 is as follows:

    Property

    Valuation charge

    Rating factor (%)

    Residential

    $1–$150,000

    0.2960

     

    $150,001–$300,000

    0.4088

     

    $300,001–$450,000

    0.5130

     

    $450,001–$600,000

    0.5603

     

    $600,001 and over

    0.6013

       

    Commercial

    $1–$150,000

    2.9760

     

    $150,001–$275,000

    3.4940

     

    $275,001–$600,000

    4.9350

     

    $600,001 and over

    4.9930

       

    Rural

    Property value

    0.1491