Revaluation 2014

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2014 Valuation Best Practice Specifications Guidelines
External valuation report templates
Revaluation news 2014
Who's who in VBP 2014
Revaluation 2014 fact sheets

Work on the 2014 revaluation is underway. The 2014 revaluation is the eighth since biennial valuations were introduced in 2000. All properties across the state are valued as at the same date (1 January) every two years.

The Valuation of Land Act 1960 provides for either councils or the Valuer-General (if a council opts to transfer the authority) to manage and deliver the valuation.

The Valuer-General is responsible for establishing and maintaining a valuation record of general and supplementary valuations.

For more information on the changes please visit Victoria's rating valuations - managing your valuations webpage.

2014 Valuation Specification Guidelines

As the 2014 revaluation progresses, more information on the processes will be available online.

2014 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 reviewed after each revaluation and amended where appropriate after consultation with councils and valuation industry groups.

VBP 2014 Specifications Guidelines [PDF File - 991.1 KB]
VBP 2014 Specifications Guidelines Part 1 (accessible version) [MS Word Document - 862.0 KB]
VBP 2014 Specifications Guidelines Part 2 Appendices (accessible version) [MS Word Document - 3.8 MB]

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External Valuation Report Templates

The 2014 Valuation Best Practice Specifications Guidelines require valuers to submit reports and information to the Valuer-General at designated stages during the revaluation program.

Templates and spreadsheets have been developed to assist valuers in preparing these submissions.

Templates for the 2014 revaluation are available below.

If you have any questions regarding the VBP Specifications or the templates, please email rating.valuations@dse.vic.gov.au or telephone Stephen Jarvis (Deputy Valuer-General, Rating Authority Valuations) on (03) 8636 2578 or Terry Maguire (Manager, Certification, Rating Authority Valuations) on (03) 8636 2571.

External Valuation Report 2014 Stage 1 [MS Word Document - 187.0 KB]
External Valuation Report 2014 Stage 2 [MS Word Document - 67.3 KB]
External Valuation Template 2014 Stage 2 [MS Excel Document - 5.3 MB]
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Revaluation news 2014

The first edition of Revaluation News concerning the 2014 revaluation will be made available in late 2012.

Who's who in VBP 2014

Councils are currently appointing their valuers. Once appointments are finalised, information detailing the respective Council Contract Managers and Valuation Contractors will be made available.

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Revaluation 2014 fact sheets

Benefits of regular revaluation of Victorian properties [PDF File - 437.3 KB]
Benefits of regular revaluation of Victorian properties (accessible version) [MS Word Document - 1.3 MB]

Computer mapping and valuation [PDF File - 486.5 KB]
Computer mapping and valuation (accessible version) [MS Word Document - 1.3 MB]

How a valuation is determined [PDF File - 441.6 KB]
How a valuation is determined (accessible version) [MS Word Document - 1.3 MB]

How valuations affect your rates [PDF File - 450.0 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.