Valuation No.

18030-40800

Location

10 Rimu Street, Masterton

Legal Description

LOT 1 D P 11075

Certificate of Title

453/172

Ward No.

2

Zone

9A

Use

91

Category

RD193

TORAS

111000

Property Area (hectares)

0.0996

Current Rating Valuation

As valued at 1 September 2023

Land Value

$290,000

Improvements Value

$220,000

Capital Value

$510,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$290,000

New Improvements Value

$220,000

New Capital Value

$510,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,034.60

Instalment 2.

$1,034.60

Instalment 3.

$1,034.70

Instalment 4.

$1,034.60

Current Year's Rates

$4,138.50

Previous Year's Rates

$3,926.30

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 290,000.00 0.001462 $423.98
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 $4,138.46

History

Year Land Value Capital Value Annual Rates
2024/2025 $290,000 $510,000 $3,926.30
2023/2024 $265,000 $450,000 $3,569.50
2022/2023 $265,000 $450,000 $3,328.10
2021/2022 $265,000 $450,000 $3,090.20
2020/2021 $170,000 $365,000 $3,164.90
2019/2020 $170,000 $365,000 $3,103.70
2018/2019 $170,000 $365,000 $2,977.50
2017/2018 $136,000 $265,000 $2,720.60
2016/2017 $136,000 $265,000 $2,669.00
2015/2016 $136,000 $245,000 $2,488.60