Published on Wednesday, 14 May 2025 at 4:19:00 PM
The City of Vincent is seeking comment from ratepayers on the proposed differential rates and minimum payments for the 2025/26 financial year.
Council approved the advertising of its intention to levy differential rates and minimum rates in 2025/26 at its 13 May 2025 Ordinary Council Meeting and to invite submissions from ratepayers. The report can be found here.
Differential rates allow Vincent to apply rates to different categories – occupied and vacant residential and commercial buildings – with the aim to deliver a more equitable ratings system.
Your rates go towards core services such as parks, playgrounds, roads and footpaths, Beatty Park Leisure Centre, the Library and Local History Centre and maintenance of community facilities.
The proposed rates ensure essential services and programs can continue to be delivered to meet our community’s expectations. The 2025/26 draft budget continues the City’s path toward long-term financial sustainability while considering service delivery requirements.
Below are the proposed differential rates and minimum rates per category:
| Rating category |
Rate in dollar |
Minimum rates |
| Residential |
0.0817795 |
$1,516.54 |
| Vacant – Residential |
0.1055909 |
$1,615.00 |
| Vacant – Commercial |
0.1485536 |
$1,853.07 |
| Other – Commercial/Industrial |
0.0770538 |
$1,463.62 |
Proposed rates explained
The general rate in the dollar is 0.0839989. This figure is calculated by dividing the total amount to be raised in general rates by the total value of all rateable properties per category. This figure is then used to determine the rate amount for each property.
In addition to the notice of intention to levy differential rates and minimum payments, Vincent is proposing a 4.5 per cent rate increase in 2025/26 for the residential, other and vacant-commercial categories and a 25 per cent increase for the vacant-residential category.
For the median residential household, this equates to $73.25 per year or $1.41 per week.
The rate payments for residential properties will contribute to the delivery of essential services and community facilities.
The rate in the dollar for the vacant residential category encourages the development of these properties which will improve local streetscapes and stimulate growth in the community.
The final rate figure applied to each property will vary based on the applicable rate in the dollar and the GRV for the property. These figures will not be available until after Council has finalised the annual budget process in June.
Vincent remains one of the lowest rating residential councils in metropolitan Perth, currently ranked eighth lowest in 2024/25 based on a median GRV of $20,800.
Rates smoothing, instalment payment options and financial hardship assistance will be available for those in need.
Share your feedback
To provide comment on the proposed Differential Rates 2025/26, visit Imagine Vincent.
Comments can be submitted by 5pm Wednesday, 4 June 2025.
Following community consultation, Council will consider the feedback and vote on the draft annual budget at the 17 June 2025 Ordinary Council Meeting.
For more information, contact the Coordinator Rates and Receivables on (08) 9273 6000 or email [email protected]
Back to All News