Here in Waipā we have two types of rating systems - property and water.
Property rates are an annual charge against a property set by Council in July of each year. Rates help us to fund the services we provide.
Rates are based on:
- the rating valuation of the property
- the number of Separately Used or Inhabited Parts (SUIPs) of the property
- the availability of services to the property (e.g. refuse collection, community amenities etc.)
- the location of the property
Water rates are the water charges against a property (rating unit) that is set by the local council to provide and maintain water services.
Revaluations 2023
Every three years all councils in New Zealand must assess the rating valuation of every property in their city or district.
We’re no different.
Waipā’s District Council’s revaluation has been conducted by Quotable Value, an independent registered valuation company. On our behalf, Quotable Value has analysed property sales data, and other market evidence, within each area of the district.
The average rates increase for 2023/24 is six per cent. Based on the average:
- a residential property in Cambridge valued at $960,000 would see a
rate increase of $4.09 a week.
- a residential property in Te Awamutu valued at
$720,000 would see a rate increase of $2.48 a week.
Rates can seem like a lot, but when you compare it to how much you pay for just the one service of power each month, it's pretty good going.
Quotable Value has now arrived at new valuations for our district which have been audited and approved by the Office of the Valuer-General.
Your revaluation information has been sent to you at the end of May via a letter. You can view your property's valuation online using the rates calculator.
If you don’t agree with your valuation, you have until Thursday 29 June to object using this online portal or you can email rates@waipadc.govt.nz or call 0800 WAIPADC (924 723). Revaluations, set using values based at 1 August 2022, have been finalised. These will come into effect for rates commencing 1 July 2023.
Rates Information 2022
Click here to read Waipā District Council 2022 Rates Information.