Property valuation statistics
| Victoria’s private property was valued at $1.1 trillion as of 1 January 2008. The figure compares with $869.5 billion in 2006, an increase of $234 billion or 26.9 per cent in the past two years. The rate of growth has jumped compared to the 12.7 per cent rise between 2004 and 2006 ($771 billion to $869 billion), but is lower than the 38 per cent rise between 2002 and 2004 ($557 to $771 billion). The figures, which exclude all property used for government, religious and charitable purposes, are from the 2008 statewide revaluation of all Victorian properties by the state’s 79 municipal councils. This included a total of 2.5 million properties. More results from the 2008 statewide revaluation can be found in Edition 21 of Property Victoria. Statistics from previous revaluations can also be found in past editions of Property Victoria. See Edition 14 for 2006 results and Edition 8 for 2004 results. |  |
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