Property Details
Valuation No.
18030-37700
Location
3 Second Street, Masterton
Legal Description
PART LOT 5 DP 379
Certificate of Title
145/57
Ward No.
2
Zone
9A
Use
91
Category
RD191
TORAS
111000
Property Area (hectares)
0.1012
Current Rating Valuation
As valued at 1 September 2023
Land Value
$295,000
Improvements Value
$265,000
Capital Value
$560,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$295,000
New Improvements Value
$265,000
New Capital Value
$560,000
Rates Information
Current Rating Year
2025/2026
Current Year Rates Instalments
Instalment 1.
$1,096.60
Instalment 2.
$1,096.60
Instalment 3.
$1,096.70
Instalment 4.
$1,096.60
Current Year's Rates
$4,386.50
Previous Year's Rates
$4,163.50
Rates for Next Year 2026/2027
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 295,000.00 | 0.001462 | $431.29 | |
| 016 | Civic Amenities rate (C) | 560,000.00 | 0.000682 | $381.92 | |
| 026 | Urban Wastewater rate (C) | 560,000.00 | 0.000987 | $552.72 | |
| 031 | Sundry Facilities rate (C) | 560,000.00 | 0.000503 | $281.68 | |
| 041 | Water rate (C) | 560,000.00 | 0.000701 | $392.56 | |
| 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) | 560,000.00 | 0.0005127 | $287.11 | |
| 091 | GWRC Public Transport (C) | 560,000.00 | 0.0003181 | $178.14 | |
| 096 | GWRC Stadium Purposes (C) | 560,000.00 | 0.0000009 | $0.50 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 560,000.00 | 0.000433 | $242.48 | |
| 121 | Regulatory Services rate (C) | 560,000.00 | 0.000604 | $338.24 | |
| 201 | GWRC Te Kauru River Management (C) | 560,000.00 | 0.0000717 | $40.15 | |
| Total | $4,386.44 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2024/2025 | $295,000 | $560,000 | $4,163.50 |
| 2023/2024 | $295,000 | $500,000 | $3,864.00 |
| 2022/2023 | $295,000 | $500,000 | $3,600.80 |
| 2021/2022 | $295,000 | $500,000 | $3,343.10 |
| 2020/2021 | $190,000 | $355,000 | $3,143.00 |
| 2019/2020 | $190,000 | $355,000 | $3,078.90 |
| 2018/2019 | $190,000 | $355,000 | $2,954.80 |
| 2017/2018 | $150,000 | $260,000 | $2,721.70 |
| 2016/2017 | $150,000 | $260,000 | $2,670.10 |
| 2015/2016 | $150,000 | $260,000 | $2,599.10 |