The process of valuing land on Norfolk Island is not a Council function.
Norfolk Island land valuations are issued by the Valuer-General who is appointed under the Land Valuation Act 2012 (NI). Paul O'Kelly is currently appointed as the Valuer-General (NI).
The information below is provided by the Valuer-General (NI) to assist property owners.
If you have queries regarding your valuation, in the first instance contact the Registrar of Titles on telephone +6723 23691.
Valuation of Land
Norfolk Island property owners who are required to pay land rates are to receive a first time notice of valuation of their property from the Valuer-General in accordance with the Land Valuation Act 2012 (NI). This notice provides the Unimproved Value of the land as determined by the Valuer-General at a specified date. The date of valuation for the inaugural general valuation of Norfolk Island is 30 June 2017. The date of effect of the valuation shall be 1 July 2018.
Valuation notices will be posted on Monday 29 January 2018 to all property owners who have a rateable property. Land owners who do not receive a notice by mail, and who believe they shoud, are urged to contact the Registry office on 22001.
A Valuation Roll will be available for inspection by the public, at no fee, from 29 January 2018 until 3 April 2018. The Valuation Roll is located in the Registry office on the Ground Floor, New Military Barracks, Kingston.
What is Unimproved Value?
The Unimproved Value is the amount the land alone would be expected to sell for without any improvements. Improvements include a dwelling, shed, pool, garage, carport and any other structures on the land.
The Valuer-General has considered the overall property market and analysed the sales of properties in order to determine the Unimproved Value of the land without any structures.
What the Unimproved Value is used for?
The Unimproved Value is used by the Norfolk Island Regional Council (NIRC) to determine the total amount of rates income required to fulfil its role in providing necessary services to the community.
Council is required to levy rates annually under the Local Government Act 1993 (NSW) which was amended to include Norfolk Island.
The Valuer-General is not involved in this process.
The total rates amount is apportioned to individual properties on the basis of the Unimproved Value of each property as determined by the Valuer-General.
What can I do if I don’t agree with the Unimproved Value?
Property owners may lodge an objection within 60 days of the date of issue if they disagree with the valuation. Objection forms are available from the Registry office and Customer Care. A separate objection form must be submitted for each property. The Valuer-General will consider the objection and advise the outcome.
An objection to a valuation can be made only on one or more of the following grounds:
- The land value assigned to any land is too high or too low
- The lands which should be included in the one valuation have been valued separately
- The lands which should be valued separately have been included in the one valuation
- The person named in any valuation notice is not an owner of the land to which the notice relates
- The area, dimensions or particulars of any land are not correctly described
Objection to a valuation does not prevent the recovery of any rate or charge or the charging of interest.