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.
Revaluations 2023
Revaluations are now available for the 2023/24 financial year. These will be applied for calculating rates from 1 July 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).
