Valuation No.

18030-39000

Location

15 Rimu Street, Masterton

Legal Description

LOT 10 DP 3491

Certificate of Title

268/136

Ward No.

2

Zone

9A

Use

91

Category

RD192

TORAS

111000

Property Area (hectares)

0.0819

Current Rating Valuation

As valued at 1 September 2023

Land Value

$280,000

Improvements Value

$230,000

Capital Value

$510,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$280,000

New Improvements Value

$230,000

New Capital Value

$510,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,031.00

Instalment 2.

$1,031.00

Instalment 3.

$1,031.00

Instalment 4.

$1,030.90

Current Year's Rates

$4,123.90

Previous Year's Rates

$3,913.50

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 280,000.00 0.001462 $409.36
016 Civic Amenities rate (C) 510,000.00 0.000682 $347.82
026 Urban Wastewater rate (C) 510,000.00 0.000987 $503.37
031 Sundry Facilities rate (C) 510,000.00 0.000503 $256.53
041 Water rate (C) 510,000.00 0.000701 $357.51
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) 510,000.00 0.0005127 $261.48
091 GWRC Public Transport (C) 510,000.00 0.0003181 $162.23
096 GWRC Stadium Purposes (C) 510,000.00 0.0000009 $0.46
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 510,000.00 0.000433 $220.83
121 Regulatory Services rate (C) 510,000.00 0.000604 $308.04
201 GWRC Te Kauru River Management (C) 510,000.00 0.0000717 $36.57
Total $4,123.84

History

Year Land Value Capital Value Annual Rates
2024/2025 $280,000 $510,000 $3,913.50
2023/2024 $255,000 $435,000 $3,479.80
2022/2023 $255,000 $435,000 $3,244.80
2021/2022 $255,000 $435,000 $3,013.00
2020/2021 $165,000 $295,000 $2,754.50
2019/2020 $165,000 $295,000 $2,697.60
2018/2019 $165,000 $295,000 $2,588.00
2017/2018 $132,000 $210,000 $2,391.60
2016/2017 $132,000 $210,000 $2,350.50
2015/2016 $132,000 $210,000 $2,290.10