Valuation No.

18030-15900

Location

2 Rahiwi Place, Masterton

Legal Description

LOT 3 DP 29636

Certificate of Title

6C/351

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.1335

Current Rating Valuation

As valued at 1 September 2023

Land Value

$400,000

Improvements Value

$310,000

Capital Value

$710,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$400,000

New Improvements Value

$310,000

New Capital Value

$710,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,247.50

Instalment 2.

$1,247.50

Instalment 3.

$1,247.60

Instalment 4.

$1,247.50

Current Year's Rates

$4,990.10

Previous Year's Rates

$4,623.90

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 400,000.00 0.001462 $584.80
016 Civic Amenities rate (C) 710,000.00 0.000682 $484.22
026 Urban Wastewater rate (C) 710,000.00 0.000987 $700.77
031 Sundry Facilities rate (C) 710,000.00 0.000503 $357.13
041 Water rate (C) 710,000.00 0.000701 $497.71
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
061 Recycling Collection charge () 1.00 99.00 $99.00
066 Water Supply charge () 1.00 192.40 $192.40
070 Urban Wastewater charge () 1.00 277.20 $277.20
086 GWRC General (C) 710,000.00 0.0005127 $364.02
091 GWRC Public Transport (C) 710,000.00 0.0003181 $225.85
096 GWRC Stadium Purposes (C) 710,000.00 0.0000009 $0.64
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 710,000.00 0.000433 $307.43
121 Regulatory Services rate (C) 710,000.00 0.000604 $428.84
201 GWRC Te Kauru River Management (C) 710,000.00 0.0000717 $50.91
Total $5,261.96

History

Year Land Value Capital Value Annual Rates
2023/2024 $335,000 $640,000 $4,623.90
2022/2023 $335,000 $640,000 $4,304.90
2021/2022 $335,000 $640,000 $3,993.80
2020/2021 $215,000 $425,000 $3,589.30
2019/2020 $215,000 $425,000 $3,517.00
2018/2019 $215,000 $425,000 $3,375.90
2017/2018 $170,000 $335,000 $3,201.90
2016/2017 $170,000 $335,000 $3,135.10
2015/2016 $170,000 $335,000 $3,048.20
2014/2015 $170,000 $340,000 $2,970.40