Revaluation 2012

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2012 Valuation Best Practice Specifications Guidelines
External valuation report templates

Revaluation news 2012
Who's who in VBP 2012
Revaluation 2012 fact sheets

Work on the 2012 revaluation is underway. The 2012 revaluation is the seventh since biennial valuations were introduced in 2000. All properties across the state are revalued on the same date every two years: 1 January.

Councils are responsible for the management and delivery of revaluations, while Valuer-General Victoria ensures that the completed work meets Valuation Best Practice standards and statutory requirements. However, changes to the Valuation of Land Act 1960 in May 2010 now provide municipal councils the option to transfer to the Valuer-General their responsibility for completing rating authority valuations for the 2012 and future revaluations.

The changes to the Act also make the Valuer-General the custodian of statewide valuation data.

For more information on the changes please visit Victoria’s rating valuations – a new approach webpage.

As the 2012 revaluation progresses, more information on the processes will be available online.

2012 Valuation Best Practice Specifications Guidelines

The Valuation Best Practice (VBP) Specifications Guidelines assist councils to prepare documents for biennial revaluations. The guidelines provide templates and information for councils to:
  • prepare a contract for valuation and related services
  • manage the contract
  • improve the quality of valuations and property databases
  • better define the relationship between the council, the valuer and Valuer-General Victoria.

The guidelines are updated for each revaluation based on feedback from councils and contract valuers.

VBP 2012 Specifications Guidelines [PDF File - 1.2 MB]
VBP 2012 Specifications Guidelines Part 1 (accessible version) [MS Word Document - 1.5 MB]
VBP 2012 Specifications Guidelines Part 2 Appendices (accessible version) [MS Word Document - 4.3 MB]

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External Valuation Report Templates

The 2012 Valuation Best Practice Specifications Guidelines require valuers to provide certain outputs to the Valuer-General throughout the valuation program.
Thumbnail of cover 2012 Specifications Guidelines


The External Valuation Report templates and spreadsheets will assist you when preparing these submissions.

Stage 1 template [MS Word Document - 1.4 MB]
Stage 1 spreadsheet template [MS Excel Document - 95.0 KB]
Stage 2 template [MS Word Document - 1.4 MB]
Stage 2 spreadsheet template [MS Excel Document - 5.2 MB]
Stage 3A template [MS Word Document - 1.4 MB]
Stage 3B template [MS Word Document - 1.4 MB]
Stage 3B spreadsheet template [MS Excel Document - 152.0 KB]
Stage 4 template [MS Word Document - 224.5 KB]
Stage 4 spreadsheet template [MS Excel Document - 5.2 MB]
Stage 5 spreadsheet template [MS Excel Document - 30.5 KB]

The report template for Stage 5 will be available online soon.

If you have any questions on the VBP specifications or the templates please email rating.valuations@dse.vic.gov.au or telephone Stephen Jarvis on (+61 3) 8636 2578 or Terry Maguire on (+61 3) 8636 2571.

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Revaluation news 2012

Revaluation news 2012: Edition 1, May 2011 [PDF File - 710.2 KB]
Revaluation news 2012: Edition 1, May 2011 (accessible) [MS Word Document - 94.0 KB]

Revaluation news 2012 Edition 2, November 2011 [PDF File - 912.4 KB]
Revaluation new 2012 Edition 2, November 2011 (accessible) [MS Word Document - 79.5 KB]
 

Who's who in VBP 2012

Who's who in valuation best practice 2012 [PDF File - 107.2 KB]
Who's who in valuation best practice 2012 [MS Excel Document - 35.5 KB]
Who's who in valuation best practice 2012 (accessible) [MS Word Document - 190.5 KB]

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Revaluation 2012 fact sheets

Benefits of regular revaluation of Victorian properties [PDF File - 298.5 KB]
Benefits of regular revaluation of Victorian properties (accessible version) [MS Word Document - 1.3 MB]

Computer mapping and valuation [PDF File - 1.4 MB]
Computer mapping and valuation (accessible version) [MS Word Document - 2.3 MB]

How a valuation is determined [PDF File - 266.6 KB]
How a valuation is determined (accessible version) [MS Word Document - 1.3 MB]

How valuations affect your rates [PDF File - 324.7 KB]
How valuations affect your rates (accessible version) [MS Word Document - 1.3 MB]

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Please note: Document(s) on this page are presented in PDF format. If you do not have the Adobe Reader, you can download a copy free from the Adobe website.