Every property in NZ has a rating value, which is usually assessed every three years. The assessment is completed by your council or on behalf of them by a Valuation Service Provider such as Quotable Value (QV). All properties in a local council area are assessed as at the same date. This means that the rating valuation is reached using the same process and reflects the same market trends as every other property in your area.
A rating value is just one of a combination of factors that councils use to determine the rates you pay on your property. The 'Rating Valuation as at:' date, shows the date that property's rating value was effective from, and does not mean the date your council rates will be effective from. Your new council rates are effective from 1 July of the year following the rating valuation.
Find out more about rating values.
Our Rating Revaluation Surveys are now available
If you're a commercial or rural ratepayer, you can now complete your rating revaluation survey online. Completing this survey helps us ensure all the information we hold on your property is up-to-date before we complete your rating revaluation.
The council regions listed below are due to have their three-yearly rating valuation assessment. This table displays the:
- Rating Valuation as at date - also called the effective date.
- Public Notice - the date rating values are published in regional newspapers.
- Owners notice due to be sent - the date updated owners notices are due to be posted to property owners.
- Objection close off date.
Kaikoura 2018 Rating Revaluation
QV is performing the rating revaluation for the Kaikoura District this year. Due to the recent earthquakes impacting the region, some properties may have unrepaired damage to the extent that it affects a property’s value.
As part of the revaluation, we are required to value all properties taking into account any earthquake damage. QV is using a range of options to gather information about unrepaired damage that has occurred to properties.
One way of gathering the information is an online survey, where people can enter the details about their earthquake damaged property. Click here to complete the online survey and if you have any queries please get in touch with our Customer Care team on 0800 786 822 or email@example.com.