Property Details
Valuation No.
18030-15700
Location
7 Rahiwi Place, Masterton
Legal Description
LOT 1 DP 60297
Certificate of Title
31A/233
Ward No.
2
Zone
9A
Use
91
Category
RD192
TORAS
111000
Property Area (hectares)
0.3616
Current Rating Valuation
As valued at 1 September 2023
Land Value
$560,000
Improvements Value
$1,310,000
Capital Value
$1,870,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$560,000
New Improvements Value
$1,310,000
New Capital Value
$1,870,000
Rates Information
Current Rating Year
2024/2025
Current Year Rates Instalments
Instalment 1.
$2,638.00
Instalment 2.
$2,638.00
Instalment 3.
$2,638.00
Instalment 4.
$2,637.90
Current Year's Rates
$10,551.90
Previous Year's Rates
$10,174.90
Rates for Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 560,000.00 | 0.001536 | $860.16 | |
| 016 | Civic Amenities rate (C) | 1,870,000.00 | 0.000682 | $1,275.34 | |
| 026 | Urban Wastewater rate (C) | 1,870,000.00 | 0.000984 | $1,840.08 | |
| 031 | Sundry Facilities rate (C) | 1,870,000.00 | 0.000488 | $912.56 | |
| 041 | Water rate (C) | 1,870,000.00 | 0.000689 | $1,288.43 | |
| 046 | Annual charge () | 1.00 | 575.00 | $575.00 | |
| 056 | Roading charge () | 1.00 | 99.00 | $99.00 | |
| 061 | Recycling Collection charge () | 1.00 | 104.00 | $104.00 | |
| 066 | Water Supply charge () | 1.00 | 190.00 | $190.00 | |
| 070 | Urban Wastewater charge () | 1.00 | 277.00 | $277.00 | |
| 086 | GWRC General (C) | 1,870,000.00 | 0.0005127 | $958.75 | |
| 091 | GWRC Public Transport (C) | 1,870,000.00 | 0.0003181 | $594.85 | |
| 096 | GWRC Stadium Purposes (C) | 1,870,000.00 | 0.0000009 | $1.68 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 1,870,000.00 | 0.000441 | $824.67 | |
| 121 | Regulatory Services rate (C) | 1,870,000.00 | 0.000634 | $1,185.58 | |
| 201 | GWRC Te Kauru River Management (C) | 1,870,000.00 | 0.0000717 | $134.08 | |
| Total | $11,138.43 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2023/2024 | $465,000 | $1,710,000 | $10,174.90 |
| 2022/2023 | $465,000 | $1,710,000 | $9,451.20 |
| 2021/2022 | $465,000 | $1,710,000 | $8,739.70 |
| 2020/2021 | $300,000 | $1,450,000 | $9,623.00 |
| 2019/2020 | $300,000 | $1,450,000 | $9,481.60 |
| 2018/2019 | $300,000 | $1,450,000 | $9,098.00 |
| 2017/2018 | $240,000 | $870,000 | $6,469.90 |
| 2016/2017 | $240,000 | $870,000 | $6,299.20 |
| 2015/2016 | $240,000 | $870,000 | $6,099.30 |
| 2014/2015 | $240,000 | $890,000 | $5,944.40 |