How is the UV determined for land outside of the metropolitan area or regional townsites?

Land outside the metropolitan area or regional townsites (in general, rural land) is valued in its original natural state having regard for sales evidence as at the date of valuation. The Unimproved Value (UV) may consider degradation of the land and any services or amenities that may add value.

Land used for cropping or grazing is calculated as a percentage of the value of the land (the percentage prescribed by regulation by the Valuer-General from year to year).

This page was last updated on: 19 Jun 2021