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Property values and recent sales

Citywide valuations are completed every three years and this information is available online. You can also access sales information for properties sold since the revaluation.

The most recent city-wide review of rating valuations was completed in November 2018 and was based on the property sales market at 1 July 2018. The next revaluation will take place in 2021.

2018 revaluation

The property values and sales map shows the sales and land values for properties throughout the city. You can access the map directly below or use the property search to find a particular property, then select the view property valuations and sales link to view the map.

Property values and sales maps

Property search

The map will shows:

  • the value of your property and surrounding properties
  • sales information from 1 July 2015 to 1 July 2018 used to model the new values
  • sales since the revaluation date of 1 July 2018 - select ‘2018 sales onwards’ in the layer list to the left.

You can select a property and view its value. If a property has a house icon and a $ sign this indicates a property sale since the previous revaluation date 1 July 2015 or the current revaluation date 1 July 2018.

A property sale that happened before 1 July 2018 is compared to its old value and a sale after 1 July 2018 is compared to its new value. This allows to see how the market is trending after the revaluations date.

A red house icon represents a hot market meaning the property sold for above capital value (CV) at the time and a blue icon means it sold below CV.

You can view information about the sale, including sale date, gross sale price, net sale price, current rating valuation and percentage change from revaluation.

Often there are hot and cold spots in the same street and suburb. The valuers are able to analyse this information to get an idea of the property trends during the revaluation planning stage. They use information from real estate sales to build their model for the mass market revaluation.


Last Reviewed: 28/11/2018
 

 
 

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