Property Details
Valuation No.
18030-42600
Location
2A Second Street, Masterton
Legal Description
LOT 1 DP 337114
Certificate of Title
151861
Ward No.
2
Zone
9A
Use
91
Category
RD200
TORAS
111000
Property Area (hectares)
0.0438
Current Rating Valuation
As valued at 1 September 2023
Land Value
$250,000
Improvements Value
$430,000
Capital Value
$680,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$250,000
New Improvements Value
$430,000
New Capital Value
$680,000
Rates Information
Current Rating Year
2025/2026
Current Year Rates Instalments
Instalment 1.
$1,224.60
Instalment 2.
$1,224.60
Instalment 3.
$1,224.60
Instalment 4.
$1,224.50
Current Year's Rates
$4,898.30
Previous Year's Rates
$4,660.50
Rates for Next Year 2026/2027
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 250,000.00 | 0.001462 | $365.50 | |
| 016 | Civic Amenities rate (C) | 680,000.00 | 0.000682 | $463.76 | |
| 026 | Urban Wastewater rate (C) | 680,000.00 | 0.000987 | $671.16 | |
| 031 | Sundry Facilities rate (C) | 680,000.00 | 0.000503 | $342.04 | |
| 041 | Water rate (C) | 680,000.00 | 0.000701 | $476.68 | |
| 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) | 680,000.00 | 0.0005127 | $348.64 | |
| 091 | GWRC Public Transport (C) | 680,000.00 | 0.0003181 | $216.31 | |
| 096 | GWRC Stadium Purposes (C) | 680,000.00 | 0.0000009 | $0.61 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 680,000.00 | 0.000433 | $294.44 | |
| 121 | Regulatory Services rate (C) | 680,000.00 | 0.000604 | $410.72 | |
| 201 | GWRC Te Kauru River Management (C) | 680,000.00 | 0.0000717 | $48.76 | |
| Total | $4,898.26 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2024/2025 | $250,000 | $680,000 | $4,660.50 |
| 2023/2024 | $220,000 | $610,000 | $4,305.40 |
| 2022/2023 | $220,000 | $610,000 | $4,010.60 |
| 2021/2022 | $220,000 | $610,000 | $3,715.90 |
| 2020/2021 | $143,000 | $450,000 | $3,605.00 |
| 2019/2020 | $143,000 | $450,000 | $3,543.90 |
| 2018/2019 | $143,000 | $450,000 | $3,398.00 |
| 2017/2018 | $114,000 | $325,000 | $3,022.80 |
| 2016/2017 | $114,000 | $325,000 | $2,961.20 |
| 2015/2016 | $114,000 | $325,000 | $2,877.00 |