Rating Valuations

Revised Rating Valuations 2023

The rating valuations have been prepared for 10,141 properties on behalf of the Ruapehu District Council by Quotable Value Ltd (QVNZ).

Rating valuations are carried out on all properties in New Zealand, usually once every three years to specifically help local councils set rates for the following three year period. Rating values are just one of a number of factors councils use to allocate rates. Council rates will not be based on the new 2023 rating valuations until 1 July 2024.

The updated rating valuations should reflect the likely selling price of a property at the effective revaluation date, which was 1 July 2023, but do not include chattels.

The rating revaluation figures compiled by QV show the total rateable capital value of the 10,141 properties within the Ruapehu District is now $8.001 billion, with the land value of those properties now valued at $4.671 billion.

The updated rating valuations are independently audited by the Office of the Valuer General, and need to meet rigorous quality standards before the new rating valuations are certified.

New rating values will be posted to property owners after 22 November 2023. Further information, including an online property search can be found at www.ratingvalues.co.nz

The next revaluation will be in September 2026.

To object to your new Rating Value, please visit QV's Rating Objections page.

To view your properties new value, please visit QV's property lookup page.