How are Rates Calculated?

Local Government Authorities in Western Australia levy rates against each property by determining a 'rate in the dollar' which is then multiplied by the Gross Rental Value (GRV) of the property as determined by the Valuer General's Office.

Effective from 1/7/2018 the City of Vincent imposed Differential Rating as detailed below. 

Rate in the dollar for 2018/19

  • The rate in the dollar for Residential category is 0.06475
  • The rate in the dollar for Other category is 0.06619
  • The rate in the dollar for Vacant-Commercial is 0.12628

For Example

In the 2018/2019 financial year, Council has determined that the rate in the dollar to be applied for rates is 0.06475 for Residential Properties. This means that 6.475 cents will be levied as rates for every dollar of GRV assigned to a property depending on which differential rates category it falls into.

The Valuer General may determine that a brick and tiled house in Mt Hawthorn which contains 4 bedrooms, kitchen, 2 bathrooms, laundry, and a double carport could attract a rent after basic expenses of $400 per week. Rent of $400 per week multiplied by 52 weeks per year gives a Gross Rental Value of $20,800.

GRV = $400 x 52 = $20,800

The rates to be levied against that particular property would be

Rates = $20,800 x 0.06475 = $1,346.80

Gross Rental Value of $20,800 multiplied by the rate in the dollar of 0.06475 gives the value of rates for the property of $1,346.80.

Minimum Rates

A minimum rate is imposed when the amount calculated by the rates formula is less than the amount determined to be the equitable minimum cost of servicing lots in the City of Vincent. General rates and minimum payments are levied to meet the budgetary costs of the City of Vincent to provide services and complete projects within its boundaries during the financial year.

In 2018/2019 the City of Vincent  applies a minimum rate of $1494.00 to Vacant-Commercial Land and a minimum rate of $1180.00 applies to all other rateable land.

Vacant-Commercial properties with a Gross Rental Valuation of less than or equal to $11,831 will be charged a minimum rate of $1,494.00. Commercial/ Industrial properties with a Gross Rental Valuation of less than or equal to $17,828 will be charged a minimum rate of $1180.00. Residential properties with a Gross Rental Valuation of less than or equal to $18,224 will be charged a minimum rate of $1180.00.