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VicMap Information Session
Doug Marcina – Valuer-General Victoria
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Valuer-General Victoria
• Government Valuations• Rating Valuations• Compilation and reporting of sales
information• Policy advice
3
Rating Valuation
Total2.9m Properties
1.85t Improved Value
1.2t Land Value
Commercial165K Properties
190b Improved Value
87b Land Value
Industrial77K Properties
76b Improved Value
37b Land Value
Primary Production159K Properties
98b Improved Value
73b Land Value
Non-Rateable Leviable41K Properties
65b Improved Value
45b Land Value
Residential2.46m Properties
1.42t Improved Value
936b Land Value
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Rating Valuation - Mass Appraisal
2.9 Million Properties
200+ data elements collected
Property Description
Address
Land and Building Area
Title Details
Construction and Renovation Year\Material
Land Use
Improvements
Values
Site Value - Land Value
Capital Improved Value - Land Value + Improvements
Net Annual Value – Annual Rental
Ownership Details
Value Considerations*
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Mass Appraisal - Value Considerations
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Mass Appraisal - Improvements
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Rating Valuations
Market Update
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2016 Victorian Sales Results
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Residential Median 1986 - 2017
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Australian Cash Rate 1989-2015
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Metro Median 1986 - 2017
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Country Median 1986 - 2017
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Median House Price 1986
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Median House Price 1996
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Median House Price 2006
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Median House Price 2016
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Inner Melbourne Median by Suburb
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Inner Melbourne Median by Suburb
