Unimproved Valuations Program

Unimproved Values (UVs) are determined each year and come into effect on the 30 June following the date of valuation which is the 1 August of the previous year.

UVs are used by the Office of State Revenue to determine land tax and often used by local authorities to assess council rates for rural land and regional lands.

How is the UV determined?

Vacant land sales are considered to determine unimproved values in a locality at the Date of Valuation. The determination of a UV also includes:

  • land within town sites (urban land). The UV may consider improvements such as clearing, retaining walls, leveling and filling.
  • land outside town sites (in general, rural land, unless otherwise gazetted by the LA) which is valued in its original, natural state. The UV may consider degradation of the land and any services or amenities which may add value
  • land used for cropping or grazing. The UV is calculated as a percentage of the value of the land (the percentage is prescribed by regulation by the Valuer-General from year to year and is currently set at 50 per cent).
  • land within a strata plan which is valued as a single parcel in single ownership. The overall value is apportioned according to the unit entitlement on the registered plan.

UV exceptions

There are certain exceptions where the UV is based on a statutory formula, such as a fixed rate per hectare or a multiple of the annual rent.

These exceptions include mining tenements, leases under the Land Administration Act 1997 for the purpose of grazing, leases under agreement acts, and land held under the Conservation and Land Management Act 1984.

Unimproved Values (UV) – urban land

A breakdown by Land Use and overall percentage changes for unimproved valuations across the state August (2015-2016)  is set out in Table 1.

Table 1: Average change in unimproved valuations adopted 30 June 2017

Land Use State (%)
Commercial -1.29
Farming -1.38
Industrial -3.87
Residential -1.96

This page was last updated on: 24 Oct 2018