table of contents - specification · 2017-11-15 · contract no: 1910 title: provision of valuation...

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Contract No: 1910 Title: Provision of Valuation Services 63 TABLE OF CONTENTS - SPECIFICATION 1. OVERVIEW 66 1.1 Summary of Valuation Services Requested 66 1.2 Introduction 67 1.3 Key Changes to the General Valuation Process 67 1.4 2016 Valuation Process Summary 68 1.5 Due Dates - 2016 General Valuation 70 1.6 Project Plan 71 1.7 Definitions 71 2. INFORMATION FOR TENDERERS 74 2.1 Financial Information 74 2.2 Definitions of Rate Classifications 74 2.3 Valuation Summary 75 2.3.1 VGV Certification of Work prior to Progress Payments 75 2.3.2 Qualifications and Experience required by Contractor 75 2.4 Supplementary Valuations 76 2.5 Objections, Inquiries and Applications To VCAT 77 2.6 Specialist Properties 77 2.7 Data and Systems 77 2.7.1 Mainframe and Software Systems 77 2.7.2 Storage of Data Elements 78 2.8 Information and services to be provided by Council 78 2.8.1 Building Approvals Information 78 2.8.2 Planning Information 78 2.8.3 Sales Information 78 2.8.4 Geographic Information System (GIS) 79 2.8.5 IT Services 79 2.9 Approved Authority and Identification 79 2.10 Location and Resources for Services 80 2.10.1 Location of Services 80 2.10.2 Resources for Services 80 2.10.3 Computer Use and Access 80 2.10.4 Stationery, Printing, Photocopying and Postage 80 2.10.5 Telephones 80 2.10.6 Charge for use of Council Resources 80 2.10.7 Title Searches and Professional Advice 80 2.10.8 All other Resources and Costs 81 2.10.9 Payment for Resources by Contractor 81 2.11 Ownership, confidentiality of data and conflict of interest 81 2.11.1 Ownership of Data 81 2.11.2 Confidentiality of Data 81

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Page 1: TABLE OF CONTENTS - SPECIFICATION · 2017-11-15 · Contract No: 1910 Title: Provision of Valuation Services 64 3. TENDER FORM AND SCHEDULES 83 3.1 Introduction 84 3.2 Additional

Contract No: 1910 Title: Provision of Valuation Services 63

TABLE OF CONTENTS - SPECIFICATION

1.  OVERVIEW 66 

1.1  Summary of Valuation Services Requested 66 

1.2  Introduction 67 

1.3  Key Changes to the General Valuation Process 67 

1.4  2016 Valuation Process Summary 68 

1.5  Due Dates - 2016 General Valuation 70 

1.6  Project Plan 71 

1.7  Definitions 71 

2.  INFORMATION FOR TENDERERS 74 

2.1  Financial Information 74 

2.2  Definitions of Rate Classifications 74 

2.3  Valuation Summary 75 

2.3.1  VGV Certification of Work prior to Progress Payments 75 2.3.2  Qualifications and Experience required by Contractor 75 

2.4  Supplementary Valuations 76 

2.5  Objections, Inquiries and Applications To VCAT 77 

2.6  Specialist Properties 77 

2.7  Data and Systems 77 

2.7.1  Mainframe and Software Systems 77 2.7.2  Storage of Data Elements 78 

2.8  Information and services to be provided by Council 78 

2.8.1  Building Approvals Information 78 2.8.2  Planning Information 78 2.8.3  Sales Information 78 2.8.4  Geographic Information System (GIS) 79 2.8.5  IT Services 79 

2.9  Approved Authority and Identification 79 

2.10  Location and Resources for Services 80 

2.10.1  Location of Services 80 2.10.2  Resources for Services 80 2.10.3  Computer Use and Access 80 2.10.4  Stationery, Printing, Photocopying and Postage 80 2.10.5  Telephones 80 2.10.6  Charge for use of Council Resources 80 2.10.7  Title Searches and Professional Advice 80 2.10.8  All other Resources and Costs 81 2.10.9  Payment for Resources by Contractor 81

2.11  Ownership, confidentiality of data and conflict of interest 81 

2.11.1  Ownership of Data 81 2.11.2  Confidentiality of Data 81 

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Contract No: 1910 Title: Provision of Valuation Services 64

3.  TENDER FORM AND SCHEDULES 83 

3.1  Introduction 84 

3.2  Additional information required with tender 84 

3.3  Tender form 85 

3.4  Tender schedules 86

4.  SPECIFICATION OF SERVICE 99 

APPENDICES 146

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Contract No: 1910 Title: Provision of Valuation Services 65

SECTION 1 - OVERVIEW

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Contract No: 1910 Title: Provision of Valuation Services 66

1. OVERVIEW

1.1 SUMMARY OF VALUATION SERVICES REQUESTED

This section summarises the services requested and highlights the key elements of the tender. The following services are the subject of this tender:

General Valuation 2016, 2018 (option)

A valuation authority must cause a general valuation for all rateable and non-rateable leviable land to be made, as at the prescribed date of 1 January 2016. Each separate occupancy on rateable and non-rateable leviable land must be computed at its net annual value, capital improved value and site value and be allocated an Australian Valuation Property Classification Code (AVPCC).

In accordance with Sections 7A and 7AF of the Act, the Valuer-General is required to determine if the valuation is generally true and correct and certify to the Minister accordingly. As such VGV audits the valuation submissions in stages and notifies the Council of satisfactory progress (certification) or issues a rectification notice.

Supplementary Valuations 2016 and 2018 (option)

A valuation authority appoints a valuer with the requisite qualifications to carry out supplementary valuations in circumstances provided by the Act as at the prescribed date of 1 January 2016.

A supplementary valuation may be made only in circumstances provided under 13DF or 13L of the Act. The valuer must submit a report of the supplementary valuation in the prescribed form to the Valuer-General for certification.

Supplementary Valuations 2014 Undertake supplementary valuations, as specified by Council under this contract, as at the prescribed date of 1 January 2014.

Objections and Applications to VCAT 2016 and 2018 (option)

Valuers are required to determine objections and manage applications to VCAT for review of a decision subsequent to the completion of the 2016 General Valuation in accordance with Part 3 of the Act.

An objection, if received within the legislated timeframes, must be dealt with in accordance with Sections 20 and 21 of the Act. If the valuer considers an adjustment to the valuation is justified, a recommended adjustment is to be given to the Valuer-General for determination.

Objections and Applications to VCAT 2014 Manage customer objections, inquiries and applications to VCAT to the 2014 General Valuation. Asset Valuations for Financial Reporting To undertake valuations of the Council’s real estate assets and provide separate land and building values for financial reporting purpose as at the required dates, in accordance with AASB116.

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Contract No: 1910 Title: Provision of Valuation Services 67

Other Valuation Services To provide other valuation services by mutual agreement between the parties.

1.2 INTRODUCTION

This tender relates to valuation services for the 2016 General Valuation and related services with one optional extension of the contract for the 2018 General Valuation and related activities. The quality and timeliness of the delivery of the valuation and related services by the contractor is vitally important because Council and other rating and taxing authorities are dependent on the valuation. Council will make financial decisions based on the valuation and property data provided by the contractor. The valuation process generates over 58 per cent of Council income and therefore Council could suffer significant detriment if the valuation services provided are inaccurate. There is also a significant customer service focus associated with the service, which impacts on Council’s public image. Council’s property databases will provide the contractor with a sound base on which to undertake the valuation. Tenderers must demonstrate their commitment to maintain complete confidentiality of Council’s information, both during and after the valuation task. Tenderers must also demonstrate that no conflicts of interest will be created during or after the valuation process. If any potential conflicts of interest arise, the tenderer must demonstrate how it will protect Council from any conflict of interest allegations.

1.3 KEY CHANGES TO THE GENERAL VALUATION PROCESS

The 2016 guidelines expand upon those introduced for VBP 2014, adding a small number of changes: provision of revised templates to simplify reporting and data requirements; adoption of the revised Australian Valuation Property Classification Codes (AVPCC); inclusion of additional data elements in the data specification; and inclusion of property SPIs. Continuing emphasis is placed on: regular meetings between Council and contractor to review progress against the project

plan; Sub-market Group (SMG) composition; using the project plan as a dynamic project management tool; statistical testing of valuations against sales; spatial representation of valuations as a quality control tool; commercial/industrial statistical tolerances and site value sales ratios; valuation conferences;

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Contract No: 1910 Title: Provision of Valuation Services 68

substantiating values of specialist properties; and improving quality of property databases.

1.4 2016 VALUATION PROCESS SUMMARY

The valuation process prescribed by VBPSG for the purposes of certification is divided into five stages.

Each stage has comprehensive requirements. The requirements are set out as follows:

General – overall requirements for the stage

Tasks – specific tasks to complete the stage

Outputs – mandatory outputs required for the stage to meet VBPSG and be certified/approved.

A summary of each stage is provided below. Section 2 – Information for Tenderers sets out requirements for the 2016 General Valuation in detail.

Stage 1 – Preparation and Statistical Analysis

This stage involves general preparation, planning and statistical analysis of the previous valuation against recent sales. Stage 1 outputs may be submitted to VGV for certification from 1 January 2015 and no later than 27 February 2015.

Stage 2 – Preliminary Valuations – Residential and Rural Properties

This is the major stage for residential and rural valuations when the majority of inspections and field data verification are completed. Stage 2 outputs can be submitted to VGV for certification from 1 April 2015 and no later than 30 October 2015.

A final review of values occurs in Stage 4, prior to valuation return.

Nominated Preliminary Valuation Date for Stage 2

The valuer is required to make preliminary valuations to a nominated date: either a fixed date of 1 July 2015 or a series of rolling dates from 1 February 2015.

Any preliminary valuations must be:

In the case of a ‘fixed date’

The fixed date must not be earlier than 1 July 2015

In the case of a ‘rolling date’

Made to a nominated date based on current evidence

The rolling date must not be earlier than 1 April 2015

Submitted not more than 60 days after the nominated rolling date

Stage 3A – Preliminary Valuations – Nominated Properties

Stage 3A comprises the preliminary valuation of all properties as nominated. Valuation conferences are convened by VGV to enable the exchange of relevant information and a comparison of levels of value. Stage 3A outputs can be submitted to VGV for certification from 1

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Contract No: 1910 Title: Provision of Valuation Services 69

June 2015 and no later than 31 August 2015. The final reviewed nominated property valuations are submitted in Stage 3B.

Stage 3B – Commercial and Industrial Properties

Stage 3B comprises the valuations of commercial and industrial properties. Valuation conferences are held to compare levels of value with adjoining municipalities. Stage 3B outputs can be submitted, including stage 3A properties, to VGV no later than 29 January 2016.

Stage 4 – Review and Final Valuations – Residential and Rural Properties

Stage 4 comprises a review of Stage 2 preliminary values based on an analysis of subsequent sales evidence. Valuation conferences are held prior to this stage to compare levels of value with adjoining municipalities. Stage 4 outputs can be submitted to VGV for certification not before 1 January 2016 and not later than 31 March 2016.

Stage 5 – Valuation and Data Return

Stage 5 comprises the return of the valuation to a valuation authority, completion of the valuer’s final report and provision of the returned valuation and data to VGV. Stage 5 must be submitted no later than 29 April 2016.

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Page 9: TABLE OF CONTENTS - SPECIFICATION · 2017-11-15 · Contract No: 1910 Title: Provision of Valuation Services 64 3. TENDER FORM AND SCHEDULES 83 3.1 Introduction 84 3.2 Additional

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Page 10: TABLE OF CONTENTS - SPECIFICATION · 2017-11-15 · Contract No: 1910 Title: Provision of Valuation Services 64 3. TENDER FORM AND SCHEDULES 83 3.1 Introduction 84 3.2 Additional

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Contract No: 1910 Title: Provision of Valuation Services 73

SECTION 2 - INFORMATION FOR TENDERERS

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Contract No: 1910 Title: Provision of Valuation Services 74

2. INFORMATION FOR TENDERERS

The City of Port Phillip, having an area of 20.62 sq km, is home to almost 91,382 people living in Port Melbourne, South Melbourne, Albert Park, Middle Park, St Kilda, St Kilda Road, East St Kilda, Elwood and Rippon Lea. Port Phillip is known for its many dynamic urban villages, a foreshore which stretches over 9km, cultural diversity, magnificent heritage buildings, artistic expressions and beautiful parks and gardens. The City is well served by a number of varied and substantial retail, entertainment and leisure precincts. These include Bay Street (Port Melbourne), Clarendon Street (South Melbourne), Fitzroy and Acland Streets (St Kilda), Carlisle Street (Balaclava) and Ormond Road (Elwood). A number of significant employment areas sit within Port Phillip, including the St Kilda Road office district and industrial, warehousing and manufacturing districts in South Melbourne and Port Melbourne. The City has experienced a significant amount of residential development over the past 19 years, particularly in areas close to the foreshore. In 2012 the Minister for Planning declared The Fishermans Bend Urban Renewal Area (FBURA) as a site of State significance and rezoned the precinct as Capital City Zone (CCZ). The redevelopment of (FBURA) is one of Australia’s largest urban renewal projects, paving the way for urban renewal at a scale not seen before in Melbourne. It has the potential to generate significant new business investment and employment and generate new housing supply. The renewal area is approximately 217ha. It is anticipated that this significant project with double our population and generate approximately 40,000 jobs by 2050. Most of the Council staff are located in the newly developed administrative centre which is adjacent to the St Kilda Town Hall.

2.1 FINANCIAL INFORMATION

The Council’s total budgeted income for 2014/15 is $179.26 million, of which $107.08 million is represented by rates and charges income. Expenditure (excluding depreciation) for 2014/15 is budgeted at $148.46 million leaving a cash operating surplus of $30.8 million which is applied predominantly towards meeting Council’s capital works and capital expenditure budget of $32.73 million. Council currently collects rates based on the Net Annual Value (NAV) as follows: Total Number of Rateable Assessments 68,342 Estimated Total Value of Land – General Rates (Net Annual Value) $2,621,424,250 Rate in the dollar – General Rates 4.0708 cents on NAV Estimated Total Rate Revenue $106,712,938

2.2 DEFINITIONS OF RATE CLASSIFICATIONS

Council levies rates on all rateable properties (uniform rate). There are no differential rate classifications:

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Contract No: 1910 Title: Provision of Valuation Services 75

2.3 VALUATION SUMMARY

In accordance with Sections 11 and 13H of the VLA, all Victorian Councils are required to conduct a general valuation every two years for the purpose of valuing rateable land (Local Government Act 1989) and non-rateable land (Fire Services Property Levy Act 2012). This contract requires a general valuation of all rateable and non-rateable property to be made, as at the prescribed date of 1 January 2016, by the due dates specified (see Section 1.5 of this document) and to be returned by 29 April 2016. A summary of Council’s rate assessments (including exempt properties) as at 1 July 2014 is provided below:

Property category

Number of assessments

SV ($000’s) CIV

($000’s) NAV

($000’s) Residential 60,393 20,999,814 40,705,456 2,036,913Commercial 6,972 3,844,684 6,772,099 470,297Industrial 977 1,335,114 1,735,376 114,212Rural 0 0 0 0Rate exempt 511 3,423,861 3,705,632 192,259

In providing a lump sum price, tenderers should make an allowance for variations to the total number of assessments above. There will be no fee adjustment on a pro-rata basis based on the number of assessments. The contract manager for the contract will be the Chief Financial Officer or any other person nominated from time to time by Council. Westlink Consulting undertakes the current valuation contract for all valuation services within the municipality. 2.3.1 VGV Certification of Work prior to Progress Payments

All general valuation work made by the contractor is subject to the provisions of Section 7A of the VLA. Progress payments of the lump sum components of the 2016 General Valuation contract will be in accordance with the fee schedules in Section 3 of this document. Payments will be made subject to the General Conditions of Contract and the certification of the work by VGV. 2.3.2 Qualifications and Experience required by Contractor

Council may only appoint person(s) of required qualifications and experience to make

Rate classification Rate in $ Number of assessments General rate 4.0708 cents

(NAV) 68,342

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Contract No: 1910 Title: Provision of Valuation Services 76

municipal valuations, in accordance with Section 13DA of the VLA.

The qualifications and experience specified by the Minister for persons making Council rating valuations was gazetted on 5 May 2010 (See Appendix G). The contractor must demonstrate it holds the required qualifications and experience when completing the Schedules within Section 3 of this document. The contractor is responsible for the supervision, checking and approval of any valuations made on its behalf, to meet the requirements of this contract.

2.4 SUPPLEMENTARY VALUATIONS

2014 Level Supplementary valuations are undertaken on a bi-monthly basis. Council is responsible for updating its databases with data from 2014 level supplementary valuations. However, the contractor is required under this contract to prepare and maintain the databases in all other cases and to ensure the 2016 General Valuation is made using current, accurate data. Council has established a building permit cost threshold of $10,000. Council reserves the right to vary this threshold at any time, but undertakes to consult with the contractor regarding any proposed change. All permits with a value equal to or in excess of this value will be required to be forwarded to the contractor for preparation of a supplementary valuation (if found to be required), unless otherwise specified. All permits with a value below this value will generally not require a supplementary valuation, but the contractor will be required to amend and update any data elements required by Council, and/or the Valuer-General, where the data has been changed by the completion of works/permit. The contractor is at all times required to maintain the accuracy and currency of the database(s). Council estimates that approximately 1,110 building approvals are issued each year where the cost of works estimated in the building permit does not exceed $10,000. A summary of supplementary valuations undertaken in recent years is as follows:

Rating year Number of Assessments

Residential Rural Other 2007–2008 919 0 2732008–2009 2,782 0 6962009–2010 1,019 0 2602012-2013 3,264 0 8522013-2014 2,369 0 329

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Contract No: 1910 Title: Provision of Valuation Services 77

As set out in Section 13DFA of the VLA: within one month of returning a supplementary valuation to Council, the valuer must submit a report of the valuation in the prescribed form to Valuer-General Victoria for certification.

2.5 OBJECTIONS, INQUIRIES AND APPLICATIONS TO VCAT

Council deals with inquiries and objections as follows: Phone inquiries, and on site inquiries about the valuation Provision of general information on municipal valuations to potential objectors Arranging appointment with valuers. Council will require the contractor to be on-site at Council offices for a minimum of 4 weeks following the issue of the annual rate. A summary of objections, inquiries and applications to VCAT received in the last two years is as follows:

Number of Assessments

2008–2009 year

2009–2010 year

2010 - 2011 year

2011-2012 year

2012–2013 year

2013–2014 year

Inquiries 1,500 850 - - - -Council objections

314 26119

76206 92

Land tax objections

325 34178

3564 74

Applications to VCAT

6 3- - 1 3

2.6 SPECIALIST PROPERTIES

Council requires certain properties to be valued as specialist properties (detailed requirements in Stage 3A). A list of these properties is attached in Appendix H.

2.7 DATA AND SYSTEMS

2.7.1 Mainframe and Software Systems

Council currently utilises the Pathway V3.02 as its corporate database. For valuation purposes, Council owns and operates the Pathway module Vic Vals. Council requires the contractor to assist in ensuring that Vic Vals will be successfully utilised as a valuation tool and a complementary addition to the corporate database. The contractor may only use an alternative software system if approved by Council. Any approved alternative system must be compatible with the Council’s existing system and comply with VBP output requirements. Council’s Geographic Information System is based on ESRI and the product used throughout the Council for mapping and spatial analysis is Dekho.

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2.7.2 Storage of Data Elements

The Schedule of Data Responsibility (Appendix I) provides a detailed breakdown of the data elements held by Council, identifying the party responsible for the review/collection of data elements during the general valuation. Council holds data elements required by VGV and additional data elements Council requires in the following locations and formats: The Contractor undertakes the tasks associated with creation and maintenance of

properties on the valuation database (Vic Vals). It is anticipated that the contractor will take a leading role in the creation of properties on Vic Vals.

Rates office staff undertake the tasks associated with creation and maintenance of properties on the corporate property database (Pathway).

Property data created as a result of sub-divisions is established on Council’s corporate property database (Pathway) and will be forwarded in hard copy format to the Contractor to be loaded onto the Valuation database (Vic Vals).

Should Council opt for a new Valuation program / database, the contractor will be expected to assist with the review and implementation.

2.8 INFORMATION AND SERVICES TO BE PROVIDED BY COUNCIL

2.8.1 Building Approvals Information

On properties for which a building permit has been issued, and works are likely to have been completed, Council will provide the following information: occupancy permits or Final Inspection Notices; and relevant building office file(s) and approved plans. Such information will be provided in an electronic database, updated monthly. 2.8.2 Planning Information

Council will provide current relevant information for: planning permits issued by Council; plans of subdivision that have been certified and registered with Land Registration Services; the current planning scheme in force, amendments to the scheme and proposed schemes; Council register of significant properties unable to be demolished (in whole or in part); and current Victorian Heritage Register. Such information will be provided in an electronic database, where possible, and updated monthly. 2.8.3 Sales Information

Council maintains an up-to-date database of sales information in an electronic, sortable format. Council will provide the contractor with monthly updates of this database, including records of: Notices of Acquisition; Property Inquiry Notices (where required); and

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other records of sales maintained by Council. 2.8.4 Geographic Information System (GIS)

Council has a GIS (Dekho). The GIS is available to Council staff as a main business application. Performance of this contract requires preparation of a number of electronic maps (refer to Section 4 of this document) by the contract valuer. The spatial representation of valuation data is required to identify valuation changes and assist valuation quality control and exception reporting. Council will provide the resources of its GIS officer to advise the contract valuer in the development of the required maps. Access to Council’s GIS, for the performance of these services, is subject to the following qualifications: Council will provide full access and use of a licensed copy of GIS on Council premises. Council will provide an introductory training session to explain its GIS and its use within

Council to the contractor. Technical training on use of the GIS is the responsibility of the contractor at their cost;

however, Council will permit limited use of its GIS at Council’s offices for training purposes. Additional licensed copy/ies for the use of the contractor off-site are the responsibility of the contractor at their cost.

In addition to Vicmap Property, Council will make available the following digital spatial

layers: elevation contours, rural road numbering, aerial photography, etc. VGV recommends that contractors obtain their own mapping software for use on mobile computing devices, as electronic mapping is essential to the valuation process. 2.8.5 IT Services

Council will provide IT services/support over the life of the contract in order to achieve the following outcomes: network support on the Port Phillip standard operating environment; extraction of information for valuer, including sales, from Council systems; extract of information for VGV; and data transfer and reconciliation between Council’s and contractor’s systems and databases.

2.9 APPROVED AUTHORITY AND IDENTIFICATION

Council will supply the contractor with appropriate authority and identification to enable property inspections to be undertaken and information to be collected. Council will also provide the contractor with standard letters/templates, where required. Upon commencement of the contract, the contractor must make a declaration that the valuation and return will be impartial and true, in accordance with Section 13DH of the VLA.

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2.10 LOCATION AND RESOURCES FOR SERVICES

2.10.1 Location of Services

Valuation services under this contract are to be provided from the following location: City of Port Phillip St Kilda Town Hall Corner Carlisle Street and Brighton Road, St Kilda 2.10.2 Resources for Services

Council will make available to the contractor a maximum of four workstations for the sole use of the contractor. Each workstation will comprise: desk/workbench; clerical chair; networked PC; computer terminal and PC network connections suitable to operate and support valuation

software to be used for 2016 General Valuation; telephone; and file storage facilities.

These facilities will be supplied at no charge to the contractor along with power, lighting, air-conditioning, cleaning and telecommunications. Access to these facilities outside of Council’s normal business hours will be at Council’s discretion and subject to any reasonable security checks. 2.10.3 Computer Use and Access

Council will provide access to its PC network system for the purposes of the contract. External access to Council systems will be at the discretion of Council’s contract manager and the Manager, Business Technology. 2.10.4 Stationery, Printing, Photocopying and Postage

A restricted supply of stationery, printing, photocopying and postage, considered necessary for performance of contract services, will be supplied or paid for by Council. 2.10.5 Telephones

Council will provide the contractor with telephone handsets connected to the local network through the main switchboard. The Council will pay the cost of all calls made by the contractor to the extent that the calls are necessary for the provision of services under this contract. 2.10.6 Charge for use of Council Resources

Subject to negotiation, Council may be able to provide additional workstations, telephone and computer resources to the contractor. If available, these additional services will be provided at a cost to the contractor to be negotiated with Council. 2.10.7 Title Searches and Professional Advice

The cost of all Council approved title searches, legal advice and other professional advice considered necessary by Council will be borne by Council.

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2.10.8 All other Resources and Costs

Any and all other resources and costs other than those noted above as being supplied by Council, are the responsibility of the contractor. 2.10.9 Payment for Resources by Contractor

All payments for resources used by the contractor will be invoiced on a monthly basis, unless otherwise advised.

2.11 OWNERSHIP, CONFIDENTIALITY OF DATA AND CONFLICT OF INTEREST

The issue of ownership and confidentiality of data, and conflict of interest are critical from Council’s point of view. Although Council has a legal entitlement to obtain information in undertaking valuation services, as described in this contract, it is also under a legal obligation to maintain the information’s complete confidentiality. Outsourcing of Council valuations may well create an actual or perceived conflict of interest, where the contractor has a client(s) who owns, manages or controls property within the municipality. The contractor must provide Council with a clear, comprehensive statement on how it will address an actual, potential or perceived conflict of interest and issues arising from it during the life of this contract and in the future. A contractor, without advising Council, can undertake no new personal or business interests involving potential conflicts of interest. If at any time, any valuer, employee or representative of the contractor has any potential conflict of interest, personal or business, in any property or with any owner of a property being valued, then this interest must immediately be declared in writing to Council for a direction. The contractor must provide Council with a full description of how it will deal with any conflict of interest issue, including the following: those circumstances the contractor would perceive to be a conflict of interest; how valuations can be undertaken when the contractor establishes that there is or could be

seen to be a conflict of interest; how the contractor would deal with a situation when a client of the contractor objects to a

rating valuation; and using and disclosing information only for the primary purpose for which it was collected. 2.11.1 Ownership of Data

Council and the Valuer-General remain the owners of all the data and information used in the valuation process. All data and information provided by Council or collected by the contractor must be returned to Council upon completion of each general valuation under this contract. Data and information includes valuations, calculations, spreadsheets, databases, files, maps, analyses and systems, whether electronic or hardcopy. 2.11.2 Confidentiality of Data

In the process of collecting information and valuing properties, the contractor will have access to sensitive Council information and business and private information concerning ratepayers. All data accessed by or collected by the Contractor must at all times be kept confidential and not disclosed to any party without the prior written approval of Council.

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The data must not be used for any personal gain by the contractor, or by the contractor’s business, any employee, subcontractor or agent of the contractor, or any other person, body or organisation receiving the information or data through the contractor or any employee, subcontractor or agent of the contractor. The contractor must provide Council with a statement as to how it will maintain confidentiality of data during and after the life of this contract.

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SECTION 3 - TENDER FORM AND SCHEDULES

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3 TENDER FORM AND SCHEDULES

3.1 INTRODUCTION

The information provided by tenderers in response to the tender form and schedules will form the basis of the tender evaluation.

3.2 ADDITIONAL INFORMATION REQUIRED WITH TENDER

The tenderer must provide the following additional information with the tender: Details of insurance held or proposed by the contractor These should include cover for professional indemnity, WorkCover and public liability. Certificates of currency must be submitted before the contract commences and if renewed during the contract period. Declaration of major existing clients Prior to appointment and during the term of the contract, the contractor must provide a declaration of major existing clients with property in the Council district or any potential conflict of interest in the council. Major existing clients must include major clients for whom work has been done in the last two years.

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3.3 TENDER FORM

TO: Port Phillip Council - Cnr Carlisle Street and Brighton Road, St Kilda Name of Tenderer of

Tenders to perform the work specified in these tender documents for the amounts set out below: All AMOUNTS ARE TO BE INCLUSIVE OF GST

SERVICE 2016 2018

RATE $ GST inclusive $ GST inclusive

General Valuation – Rateable assessments

General Valuation – Non-rateable assessments Supplementary valuations (per valuation) Objections, inquiries and applications to VCAT Objections, where adjustment is :

By LESS than 10% of original valuation Per objection By MORE than 10% of original valuation Per objection Due to Council data error Per objection

Inquiries Per day Appeals Per day Asset valuations for financial reporting Fixed lump sum Senior Junior

Other valuation services ($ GST – Inclusive) Hourly rates

Daily rates$ $ $ $

Delete relevant part(s) if not tendering for this work. *See schedule 2c(i )

SIGNATURE OF TENDERER:_______________________DATE___________2014

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3.4 TENDER SCHEDULES

Schedule 1 – Schedule of Capability (including relevant experience and track record) Tenderers are to complete each of the attached schedules: Schedule 1a – Past performance and current commitments; Schedule 1b – Business structure information; and Schedule 1c – Financial stability, referees. Tenderers are to provide the following details, within or attached to the schedules of capability: Provide a brief company profile and history, including a current organisational chart

summarising numbers of all professional and ancillary staff by seniority and discipline. In addition to the information provided under the above item, provide details on specific

aspects of your experience that benchmark and illustrate your ability and quality of work in regard to the services described in Section 4 Specification of Service of this document.

Provide details of other experience and resources you consider relevant, including previous

experience in working with local government, State Government or Federal Government, list of awards or accreditations received, etc.

Provide details of projects completed, demonstrating project management skills, including

the ability to manage staff and resources to meet the due dates specified in this contract. Provide a statement detailing your experience and knowledge of Victorian local government

processes, and the needs of Council for timely delivery of valuation services. Provide a statement detailing your knowledge and experience with property/rates software

and mainframe systems in use within local government. Provide a statement detailing your firm’s technical ability to undertake the valuation tasks,

including research and analysis skills and demonstration of your ability to research changes impacting upon municipal valuation, including legislation and court precedents.

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Schedule 2 – Schedule of Capacity (Resources) Tenderers are to complete each of the attached schedules: Schedule 2a – Plan of specified personnel; Schedule 2b – Project plan; and Schedule 2c, 2d and 2e – Fee schedules. and provide the following details within or attached to the schedule of capacity: Describe the valuation software systems to be used and whether they meet VBP output

requirements. Describe in detail your proposed work plan and methodology to achieve the specific service

objectives described in the ‘Specification of Service’ (refer Section 4 of this document), demonstrating your ability to provide the type and level of services specified.

Provide details and the assurance of the availability of sufficient skilled personnel throughout

the full term of the contract. Describe your contract management control and reporting systems, and provide typical

report samples. Identify and define the major risks and your contingency plans that will ensure all outcomes

specified under the proposed contract are achieved. Your response should also include management of industrial and environmental risks.

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SCHEDULE 1 – SCHEDULE OF CAPABILITY 1a – Past Performance and Current Commitments Statement of relevant Municipal Experience Contracts for similar services previously executed or current.

Municipality Service Contract Value $

Completion Date

Contact Name of Client’s Supervisor

Contact Phone Number

Other contracts currently operating or recently completed.

Client Service Contract Value $

Completion Date

Contact Name of Client’s Supervisor

Contact Phone Number

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SCHEDULE 1 – SCHEDULE OF CAPABILITY Identify your core business, main client base and state the percentage of your work that is directly associated with the type and nature of service specified for this contract.

Detail your firm’s history of municipal valuation and property experience, including experience with objections, inquires and appeals.

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SCHEDULE 1 – SCHEDULE OF CAPABILITY 1b – Business Structure Information

Tenderer’s name (note: it is essential that the correct name of the tenderer (ie: the legal entity) be provided

ACN

ABN

Date incorporated

Contact name

Contact title

Address

Telephone – landline

Telephone - mobile

Facsimile

E-mail

Website (if any)

List name/s of sole trader, partners, director, manager and company secretary

Name Position % Shareholding

List parent, subsidiary and associated companies

Company name Relationship A.B.N.

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Signature of authoriser

Printed name of signatory

Position of authoriser Dated this day of 20

THIS SCHEDULE MUST BE ANSWERED IN FULL AND IS TO BE SUBMITTED WITH THE TENDER

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SCHEDULE 1 – SCHEDULE OF CAPABILITY 1c – Financial stability and referees Tenderer’s Name:

This information is requested for assessment purposes only. This schedule is to assess the tenderer’s financial capability to execute the works. Banker/s Name Address Contact Phone Number

Accountant/s Name Address Contact Phone Number

I / WE AUTHORISE the Port Phillip City Council to seek information, if required, from the

tenderer’s principal bankers and/or accountants, auditors, creditors or other business reference contacts.

I / WE AFFIRM that ALL information, requested and offered, is both accurate and factual. Signature of authoriser

Printed name of signatory

Position of authoriser Dated this day of 20

THIS SCHEDULE MUST BE ANSWERED IN FULL AND IS TO BE SUBMITTED WITH THE TENDER

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SCHEDULE 2 – SCHEDULE OF CAPACITY (RESOURCES) 2a – Plan of specified personnel Tenderer’s Name:

The tenderer is to specify the key project personnel proposed for this contract in the table below. Attach curriculum vitae and qualifications documentation of the key personnel listed below.

Staff Name Function Qualification/ Experience

Percentage of full-time position allocated to Project and where they will be based

Project Area

eg J Smith Valuer Certified Practising Valuer

80% EFT Rural

Signature of authoriser

Printed name of signatory

Position of authoriser Dated this day of 20

THIS SCHEDULE MUST BE ANSWERED IN FULL AND IS TO BE SUBMITTED WITH THE TENDER

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SCHEDULE 2 – SCHEDULE OF CAPACITY (RESOURCES) General Complete the attached project plan Schedule 2b, setting out the timetable to be followed to achieve completion of all SMGs by the due dates. Complete the attached Schedules 2c, 2d and 2e to allocate the General Valuation lump sum fee to each SMG. The project plan is developed on the basis that the Stage 2 preliminary valuation will be undertaken on a rolling date/fixed date (1/07/15)* 2b – Project Plan– 2016 General Valuation

Stage Due Dates Stage Description Sub-market Group Assessments Completion Date

1 27 February 2015 General Preparation and Statistical Analysis ALL SMGs ALL assessments

Insert date for completion of Stage 1

2 30 October 2015 Preliminary Valuations – Residential and Rural Properties

Insert SMGs for Stage 2

Number of assessments in SMGs

Insert date for completion of SMG to meet stage dates

3A 31 August 2015 Preliminary Valuations – Specialist Properties

Insert SMGs for Stage 3A

Number of assessments in SMGs

Insert date for completion of SMG to meet stage dates

3B 29 January 2016 Final Valuations – Commercial and Industrial (including 3A properties)

Insert SMGs for Stage 3B

Number of assessments in SMGs

Insert date for completion of SMG to meet stage dates

4 31 March 2016 Review and Final Valuations – Residential and Rural Properties

Insert SMGs for Stage 4

Number of assessments in SMGs

Insert date for completion of SMG to meet stage date

5 29 April 2016 Valuation Return ALL SMGs ALL assessments Insert date for completion of Stage 5

* For fixed date requirements see Section 5 Stage 2.

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SCHEDULE 2 – SCHEDULE OF CAPACITY (RESOURCES) 2c (i) – Total Lump Sum Fee Schedule – 2016 General Valuation ALL PRICES ARE TO BE INCLUSIVE OF GST

Property Type Assessments $/Assessments Fee $ Total Fee Summary $

Residential Total fee Residential and Rural:

Rural

Total

Commercial Total fee Commercial and Industrial

Industrial

Total

Specialist Total fee Specialist

Total

TOTAL LUMP SUM INC GST:

$

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SCHEDULE 2 – SCHEDULE OF CAPACITY (RESOURCES) 2c (ii) – Fee schedule – 2016 General Valuation – Total Fees Stage 1 VGV recommend that the Stage 1 fee be no less than 10 per cent of total lump sum fee for 2016 General Valuation. Stage 2 VGV recommend that no less than 60 per cent of the total fee for residential and rural assessments is allocated to Stage 2. Stage 3A VGV recommend that no less than 60 per cent of the total fee for specialist properties be allocated to Stage 3A. Stage 3B VGV recommend that no less than 80 per cent of the total fee for commercial, industrial and 20 per cent of the total fee for specialist properties be allocated to stage 3B. Stage 4 VGV recommend that no less than 20 per cent of the total fee for residential and rural assessments is allocated to Stage 4. Stage 5 VGV recommends Stage 5 fee be no less than 10 per cent of the total lump sum fee for the 2016 General Valuation.

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SCHEDULE 2 – SCHEDULE OF CAPACITY (RESOURCES) 2c (iii) – Stage Fee Schedule – 2016 General Valuation

Stage Title Rural and Residential (R & R)

Commercial, Industrial and Specialist (C I & S)

Total Fee per Stage $

Weight Fee $ Weight Fee $

Stage 1 General preparation 10% Insert fee – 10% R & R 10% Insert fee - 10% C, I & S

Stage 2 Preliminary Residential and Rural Valuations (R & R)

60% Insert fee – 60% R & R N/A

Stage 3A Specialist Property Valuations N/A 60% Insert fee - 60% Specialist

Stage 3B Final Commercial, Industrial Valuations

N/A 80% Insert fee - 80% C & I+ 20%

Specialist

Stage 4 Final Residential and Rural Valuations

20% Insert fee – 20% R & R N/A

Stage 5 Valuation Return 10% Insert fee – 10% R & R 10% Insert fee - 10% C, I & S

TOTAL LUMP SUM INC GST:

$

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2d – Stages 2 and 4 SMG’s Fee Apportionment Schedule 2016 General Valuation – Residential and Rural Property

Sub-market Group

No. of assessments

Stages SMG total

$

SMG rate per assessment

$

2 4 Preliminary valuation $

Final valuation $

TOTAL: * * * Total must compare with total shown on 2c(iii) 2e – Stage 3B SMG’s Fee Apportionment Schedule

2016 General Valuation – Commercial, Industrial Properties

Sub-Market Group No. of

Assessments

SMG Total

$

SMG rate per assessment

$

TOTAL: * * Total must compare with total shown on 2c(iii)

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SECTION 4 - SPECIFICATION OF SERVICE

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4. SPECIFICATION OF SERVICE The tender requests: Lump sum prices for the services associated with the:

2016 and 2018 (Option) General Valuation of all rateable assessments 2016 and 2018 (Option) General Valuation of all non-rateable assessments

Unit prices for the services associated with the:

Supplementary valuations as at the prescribed date of 1 January 2016 Supplementary valuations as at prescribed date of 1 January 2014 Supplementary valuations as at prescribed date of 1 January 2018 (Option)

Unit Prices for the services associated with the:

2016 General Valuation – inquiries, objections and applications to VCAT 2014 General Valuation – inquiries, objections and applications to VCAT 2018 (Option) General Valuation – inquiries, objections and applications to VCAT

Lump sum prices for the services associated with the Level 2 Services

Maintenance of Property and Valuation Records Consolidation and maintenance of the computerised valuation system

Lump sum prices for the services associated with the Level 3 Services

Asset valuations for insurance and financial reporting for 2015 and 2016 Schedule of rates for other services 4.1 2016 General Valuation Prepare the 2016 General Valuation in accordance with the General requirements (Table 4A), the timetable (Table 4B), and Stages 1–5 below.

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Table 4A – General Requirements

Topic Requirement

General valuation Site value (SV), capital improved value (CIV) and net annual value (NAV) for all rateable assessments

Site value (SV), capital improved value (CIV) and net annual value (NAV) for all non-rateable assessments

completed by the due dates to standards required by legislation, council and VGV.

Record all data, calculations, analysis and valuations electronically.

Statutory requirements Comply with all statutory and regulatory requirements in the:

Valuation of Land Act 1960

Local Government Act 1989

Fire Services Property Levy Act 2012

Valuation of Land (General and Supplementary Valuation) Regulations 2003

Valuation of Land (Oath of Fidelity and Secrecy) Regulations 1999 and any other relevant legislation

Qualifications The valuer must hold the qualifications or experience specified by the Minister by notice published in the government gazette refer Appendix G. All general valuation work is the responsibility of the person(s) appointed under Section 13DA(1) of the Valuation of Land Act 1960.

Supervision of work by contractor

All general valuation work is the responsibility of the person(s) appointed under Section 13DA(1) of the VLA.

Progress report Each month provide council with a written progress report detailing achievements and progress against the project plan.

Data quality Ensure the accuracy and quality of property database is compliant with the schedule of data formats set out in the 2016 Valuation Best Practice Specifications Guidelines (VBPSG) www.dtpli.vic.gov.au/valuations > Council valuations > Valuation Best Practice Specifications Guidelines.

Property inspections Consult with the Council contract manager to determine the general inspection program before conducting inspections in Stage 2.

Externally inspect all properties in the general inspection program.

Inspect properties internally where feasible and practical (e.g. via real estate agency open-for-inspections)

Maintain a detailed schedule of properties and SMGs inspected in the 2016 valuation. Schedule must include address, name of inspector and date of inspection.

Provide personnel conducting inspections with written instructions to ensure inspection data is collected, and qualitative codes are applied

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Topic Requirement

in a consistent manner.

2016 Valuation inspection requirements

Commercial and Industrial Property Inspect all non-residential and non-rural assessments (including all commercial, industrial, and other property groupings not elsewhere specified).

Specialist Properties Conduct a full inspection of the properties nominated in Appendix H to ensure that all elements of the property are captured.

Residential and Rural Property A general program of property inspections for 2016 must be completed. This program must ensure that the valuation data is of sufficient quality to meet the requirements for certification.

The program must include: any pre-existing contractual obligations; all relevant sales; all supplementary valuations; anomalies detected in tracking graph (refer Appendix B); anomalies found after the initial running of the valuation model

completed as part of Stage 2; and any other properties required by council.

And must have reference to: objections to / Inquiries on the 2016 General Valuation; and changes to the Victorian Heritage Register; The number of properties inspected will not be less than 33 per cent of the total number of residential and rural assessments (exclusive of sales, objections and supplementary valuations).

VBPSG stage requirements

All stage submissions are to comply with the VBP tasks and outputs as set out in Section 2 of the VBPSG 2016 Specifications Guidelines. The Valuer-General Victoria issues templates that comply with the mandatory outputs. These are to be used in all submissions.

Meetings Attend meetings called by VGV under Section 7 of the Valuation of Land Act 1960.

Council may call meetings to discuss progress against project plan with contractor and VGV. Where required, changes to the project plan, necessary to meet due dates of the contract, will be determined and advised in writing.

Differential rating requirements

Identify and classify properties in accordance with Council rate classifications. (Set out in Section 2 Information for Tenderers of this document).

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Tender No: 1910 Title: Provision of Valuation Services 103

Table 4B – Timetable for 2016 General Valuation

Stage Title and Key Tasks Recommended Completion

Date

1 Preparation and Statistical Analysis

General preparation and statistical analysis of recent sales against the 2014 valuation (all properties).

27 February 2015

2 Preliminary Valuations – Residential and Rural Properties

Prepare preliminary valuations for all residential and rural properties.

30 October 2015

3A Preliminary Valuations – Nominated Properties

Prepare preliminary valuations for all nominated properties.

31 August 2015

3B

Commercial and Industrial Properties

Prepare final valuations for all non-residential and non-rural properties, including 3A nominated properties.

29 January 2016

4 Review and Final Valuations – Residential and Rural Properties

Determine final valuations for residential and rural properties.

31 March 2016

5 Valuation and Data Return

Valuation return, valuer’s final report, and provision of valuation databases.

29 April 2016

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Tender No: 1910 Title: Provision of Valuation Services 104

Stage 1 - General Preparation and Statistical Analysis This stage comprises four main components:

To be completed no later than 27 February 2015

This stage comprises five main components. General preparation by auditing the data and valuations returned for 2014 to identify issues. Review any previously identified anomalies as well as objections to the 2014 valuations, and determine whether these were random or due to particular problem areas, confined to specific sub-market groups (SMGs) or property types.

Sub-market group review by using tracking graphs (Appendix B) to assess the validity of the SMGs and monitor market changes. All available sales evidence from 1 January 2014 up to 30 days prior to the date of submission must be used.

Identify and list the nominated properties to be valued in accordance with stage 3A.

Provide a project plan that shows the completion dates for SMGs to achieve the stage time lines as prescribed.

Provide a signed statutory declaration as required under Section 13DH of the Act.

COD tolerances

SMGs at stage 1 with a COD greater than 15 need to be investigated, comprehensively reviewed and reported upon.

For further information refer Appendix C and D of this document.

Templates

VGV issues templates for each stage. The VGV 2016 Stage 1 templates are to be used by valuers to assist in meeting the VBPSG output requirements.

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Tender No: 1910 Title: Provision of Valuation Services 105

Stage 1 Tasks and Outputs Summary

Task Output (provide electronically) P

rep

arat

ion

Review 2014 valuations and data collected for and/or used for the valuation.

Ensure that SMGs are comprised of property types with similar attributes derived from analysed and recognisable criteria e.g. zoning.

Using the VGV templates:

list the software databases and spreadsheets that will be used to complete the valuation

discuss any anomalies in the 2014 valuation data identified in the review

list each SMG, its type (e.g. residential, commercial) and the number of assessments in each SMG.

Research amended legislation, court decisions, planning amendments and industry developments that may impact upon the 2016 valuation.

Briefly describe how any of these factors may affect the 2016 valuation.

Sta

tist

ical

an

alys

is a

nd

SM

G

revi

ew

Produce tracking graph and conduct ratio tests, as set out in Appendix B and C.

Provide tracking graph and tracking ratio statistics for each SMG, in accordance with Appendix B and C.

Use tracking ratio statistical results to review SMG composition.

List and justify any changes required to be made to SMG composition.

Determine SMGs requiring priority attention in the 2016 valuation.

List in order of priority, SMGs requiring focus based on:

tracking graph (estimated per cent change per annum)

tracking ratio statistics (SMGs failing tolerances)

location/clustering of 2014 objections.

No

min

ated

P

rop

erti

es List the nominated properties to be

valued at Stage 3A. Provide a list of the nominated properties to be valued at Stage 3A, including assessment number(s), property name, AVPCC, brief description of the properties and nominated valuer.

Pro

ject

pla

n

Revise the initial project plan to incorporate SMGs identified as needing priority review in 2014. The project plan may be reviewed during the valuation (in consultation with the VGV contract manager) to account for changed priorities, discovery of data or valuation anomalies. Priority must be allocated to SMGs that: return results outside tolerances for

statistical tests show under- or over-valuation on the

tracking graphs (+/-20per cent) had multiple objections.

Provide an updated project plan for all stages of the 2014 valuation that shows the completion dates for all SMGs and those SMGs to be inspected.

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Tender No: 1910 Title: Provision of Valuation Services 106

Task Output (provide electronically)

Sta

tuto

ry

dec

lara

tio

n Make statutory declaration to the

valuation authority that valuation and return will be impartial and true, as required under Section 13DH of the Act.

Provide a copy of signed statutory declaration.

Stage 2 Preliminary Valuations – Residential and Rural Property

To be completed no later than 30 October 2015

This stage is the undertaking of preliminary valuations for all residential and rural properties. To be completed on a whole SMG basis and submitted as per the project plan.

The main valuation processes occur within this stage, namely:

sales are inspected and property data updated, where applicable

sales are analysed, levels set and look-up tables are created

the valuation models are run, and statistics and spatial maps are produced to test validity of the valuation and identify anomalies

field inspections are undertaken to amend data errors or other inadequacies identified.

Preliminary valuation date

Valuations can be made on the basis of either a fixed date or nominated date.

If available, sales evidence within 30 days of the nominated date must be relied upon.

Preliminary valuations must be:

In the case of a ‘fixed date’

Not be provided earlier than 1 July 2015.

In the case of a ‘rolling date’

Made to a nominated date based on current evidence. The rolling date must not be earlier than 1 April 2015. Submitted not more than 60 days after the nominated preliminary date.

Sales evidence

The valuer must make every reasonable effort to investigate market evidence sourced as close as possible to the valuation date.

Treatment of non-fixed chattels

An allowance for chattels in the sales analysis is only appropriate if these items are identified as non-fixtures and listed with the sale price/contract.

General inspection program

Inspections must ensure that the valuation data held is of sufficient quality to meet the requirements for certification.

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Tender No: 1910 Title: Provision of Valuation Services 107

The program may include:

inspection requirements determined by the valuation authority

all relevant sales

all supplementary valuations

anomalies detected in tracking graph (refer to Appendix B)

anomalies found after the initial running of the valuation model completed as part of Stage 2

objections to or enquiries on the 2014 general valuation.

Valuation tolerances

The following valuation tolerances are to be met for Stage 2 submissions:

Median sales ratio 0.9–1.0

Coefficient of dispersion <10.0

Price related differential 0.98–1.03

Difference between average change in

SV and CIV for sold and unsold properties <10 per cent

For further information refer Appendix B and C.

Valuation conferences

Valuers must confer with valuers of adjoining municipalities to ensure the levels adopted are consistent with adjoining sales data.

The exchange of information will focus on:

site values of lands along or near to municipal borders

added values for main improvements

methodology and values for special use properties

relevant sales.

Templates

VGV issues templates for each stage. The VGV 2016 Stage 2 templates are to be used by valuers to assist in meeting the VBPSG output requirements.

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Tender No: 1910 Title: Provision of Valuation Services 108

Stage 2 Tasks and Outputs Summary

Task Output (provide electronically) P

rep

arat

ion

Upgrade, test and review valuation software/spreadsheets for 2016.

Test mainframe and software capabilities, interoperability and links.

Reconfigure SMGs identified for review at Stage 1.

Prepare sales database from council records and all other available sources.

Using the 2016 VBPSG templates.

Document any amendments to SMG composition since Stage 1.

Sal

es A

nal

ysis

Conduct a sales analysis for each SMG or group of SMGs:

track sales since January 2014 as set out in Appendix C

check information on sale properties against existing valuation and its data and correct errors where necessary

inspect sale properties and correct/collect property data where necessary

determine sales to be used in analysis

analyse sales evidence on corrected data.

Classify all sales from 1/1/2014 into the following categories:

simp (sale improved)

svac (vacant land sale)

ex (excluded sale)

trk (tracking sale).

Provide valid justification for sales that have been excluded.

Display and describe the method used to analyse sales for:

vacant land

improved properties.

The analysis must ascribe a value to each component of the property so that the sum of each equates to the sale price:

land (e.g. $/m², $/ha, $/lot)

main dwellings/buildings (e.g. $/building $/m²)

minor buildings

other improvements.

Provide the following information to clarify the sales analysis methodology:

legend for spreadsheet codes, row or column headings or other descriptors

impact of planning scheme or other planning issue

impact of heritage registration or related issue

impact of permit or permit refusal

allowances for site improvements.

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Tender No: 1910 Title: Provision of Valuation Services 109

Task Output (provide electronically)

Pre

limin

ary

Val

uat

ion

s From sales analysed, develop level of values to be applied.

Provide:

adopted levels of value for components used in valuation calculations (e.g. value ranges, look-up tables, matrices)

adjustment or influencing factor tables that adjust the adopted levels of value in the valuation calculation (e.g. age, condition, area, location, or any other negative or positive influencing factors).

Calculate preliminary valuations for all residential and rural assessments.

Spatially represent valuation data and check for consistency.

Calculate sales ratio statistics as set out in Appendix C for each SMG.

Undertake property inspections on assessments:

identified as anomalies or outliers in the mapping and statistical review

as required under the terms of the contract.

Confer with valuers from adjoining municipalities.

Name of person making inspection and inspection date must be recorded to allow status of inspection program to be evaluated at any time.

Comment on the generated mapping. Identify any trends, anomalies or outliers that have been identified as a result of your analysis of the required maps and how these findings have impacted on the valuations.

Comment on consistency of levels of value along municipal boundaries.

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Tender No: 1910 Title: Provision of Valuation Services 110

Task Output (provide electronically)

Pre

limin

ary

Val

uat

ion

s (s

tati

stic

al a

nal

ysis

) Complete preliminary valuations for all residential and rural assessments.

Provide the valuation data for each SMG or groups of SMGs including the following:

all components used to calculate valuation (including data elements, value tables, individual adjusters, codes, descriptors, value drivers etc.)

base site value

all site influence factors used (percentage change) and total site influence adjustment

total value for main building

all main building influences (percentage change of each) and total building influences

total value for minor buildings

all minor building influences (percentage change) and total of influences on minor buildings

total value for improvements

last sale price, date and sale use.

Provide annotation or documentation to explain the application of adopted values, calculation of any valuation and how the valuation calculation works.

Provide spreadsheet codes, row or column headings (include legend).

Pre

limin

ary

Val

uat

ion

s (s

tati

stic

al a

nal

ysis

) Calculate sales ratio statistics as set out in Appendix C on completed valuations.

Conduct exception reporting and analysis of value shifts, as per Appendix D and E.

Provide individual sales ratio on sale properties (refer Appendix C).

Provide a summary of sales ratio statistics for each SMG.

Discuss the conclusions drawn from the sales ratio statistics, providing justification where tolerances have not been met.

Discuss conclusions drawn for SMGs where few sales exist. When there is no sale evidence for a SMG, discuss how levels of value and influencing factors have been applied.

Provide value shift statistics for sale and non-sale properties – as set out in Appendix D – and provide reasons if tolerances were not met.

Provide exception reports as set out in Appendix E.

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Tender No: 1910 Title: Provision of Valuation Services 111

Task Output (provide electronically)

Track sales since January 2014 as set out in Appendix B.

Provide tracking graph and consider market shifts since the 2014 valuation for each SMG. Comment on whether applied values capture market shifts.

Provide valuation GIS maps as per Appendix F.

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Tender No: 1910 Title: Provision of Valuation Services 112

Stage 3A Preliminary Valuation – Specialist Properties

Valuations to be completed no later than 31 August 2015

This stage requires the undertaking of preliminary valuations for all nominated (3A) properties using the available Municipal Group of Valuers (MGV) or VGV nominated property templates. If templates are unavailable, a separate spreadsheet setting out the detailed valuation methodology and calculations for each nominated property is required.

Nominated properties possess one or more of the following qualities:

major revenue significance to council

unique property type

rarely sold and/or leased.

Inspection requirements

A comprehensive on-site inspection of each property is required.

Data collection

The data collected will be of sufficient quality to meet the requirements for certification.

This may include up to date:

sale and/or lease information on the property

rent and outgoings schedules

details of both land and building areas

financial statements

asset schedule (including plant and equipment)

details of any planning amendments/permits affecting the property since the previous valuation

capital expenditure on property since the previous revaluation

data as specified in the nominated property guideline papers, if applicable.

Sales and rental information

Sale and rental information from both within and outside this municipality (where available) must be sought and analysed as part of the submission.

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Tender No: 1910 Title: Provision of Valuation Services 113

Valuation conferences

Valuation conferences will be convened by Valuer-General Victoria under Section 7 of the Act.

The valuation of properties of similar characteristics in municipalities across the state will be compared to ensure they are valued:

at consistent levels of value in accordance with the Act

using all the current available market evidence

using appropriate valuation methodology.

Templates

VGV issues templates for each stage. The VGV 2016 Stage 3A templates are to be used by valuers to assist in meeting the VBPSG output requirements.

If a nominated stage 3A property is valued in accordance with a specialist guideline paper, the template issued in accordance with the guideline should be used.

Stage 3A Tasks and Outputs Summary

Task Output (provide electronically)

Pre

par

atio

n Identify nominated properties:

research comparable properties within Victoria

refer to VGV nominated guidelines papers where applicable.

Using the VGV templates list all nominated properties.

Dat

a va

lidat

ion

on

su

bje

ct p

rop

erty

Conduct comprehensive inspection. Obtain a current copy of the most recent financial fixed assets register and reconciling balance sheet.

Obtain valuations completed for acquisition, financial reporting, stamp duty, acquisition or insurance purposes.

Obtain current lease and occupancy information (tenancy and outgoings schedules).

Obtain full sales history of subject property.

Any other relevant information for the subject property (see guidelines papers where applicable).

Obtain details of capital expenditure since previous revaluation.

Document meeting with representatives of the owner/occupier to obtain/discuss information regarding the municipal valuation of the property.

Comment on the quality and relevance of the data obtained.

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Tender No: 1910 Title: Provision of Valuation Services 114

Task Output (provide electronically)

Sal

es, l

ease

an

d a

sset

an

alys

is

Collect lease data for each nominated property type:

research lease of comparable properties

analyse leases to determine rental levels to be adopted.

Collect sales data for each nominated property type:

research sales of comparable properties

analyse sales for each nominated property type.

.

Display and describe the method used to analyse leases.

Include rental analysis spreadsheets showing a breakdown of rental evidence into components of value applicable to the nominated property type.

Describe the method used to analyse sales for:

vacant land

improved properties.

Include detailed sales analysis spreadsheet for each nominated property type. Each sale to be analysed down to all components of value applicable to the nominated property type.

Pre

limin

ary

val

uat

ion

s

Analyse asset registers, financial statements and other relevant reports obtained for relevant nominated property.

Research plant and equipment infrastructure including ownership, remaining useful life and replacement cost.

Prepare valuations for each nominated property.

Attend VGV convened valuation conferences.

Complete exception reporting as set out in Appendix E.

Provide an overview of the valuation methodology adopted for the various nominated properties in addition to individual spreadsheets showing valuation calculations.

The template issued in accordance with the guideline should be used.

All adopted assumptions and levels must be supported and substantiated with market evidence.

Provide the valuation data and evidence for each property, including all components used to calculate valuation on individual spreadsheets.

Provide exception reports as set out in Appendix E.

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Tender No: 1910 Title: Provision of Valuation Services 115

Stage 3B Commercial and Industrial Property

Final valuations to be completed no later than 29 January 2016

General inspection program

An inspection of each property is required.

Sales and rental information

Sales and rental information evidence sourced as close as possible to the valuation date must be utilised.

Valuation conferences

Valuers must confer with valuers of adjoining municipalities to ensure the levels adopted are consistent with adjoining sales data.

The valuation of properties in adjoining municipalities will be compared to ensure they are valued:

at consistent levels of value in accordance with the Act

using all the current available market evidence

using appropriate valuation methodology.

Conferences may focus on:

site values of lands along or near to municipal borders

added values for main improvements

methodology and values for special use properties

exchange of sales and rental information.

Valuation tolerances

The following valuation tolerances are required to be met for Stage 3B certification:

Median sales ratio 0.85–1.0

Median Site Value sales ratio 0.90–1.0

Median Rental ratio 0.85–1.0

Coefficient of Dispersion <15.0

Difference between average change in SV and CIV or sold and unsold properties, and NAV for leased and ‘other’ properties <10 per cent

For further information refer Appendix C and D.

Templates

VGV issues templates for each stage. The VGV 2016 Stage 3B templates are to be used by valuers to assist in meeting the VBPSG output requirements.

If a stage 3B property is valued in accordance with a specialist guideline paper the template issued in accordance with the guideline should be used.

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Contract No: 1910 Title: Provision of Valuation Services 116

Stage 3B Tasks and Outputs Summary

Task Output (provide electronically) P

rep

arat

ion

Upgrade, test and review valuation software/spreadsheets for 2016.

Review composition and/or boundaries of SMGs and reconfigure SMGs as required.

Identify SMGs requiring priority research.

Using the VGV template, address in submission:

details of software system on which the Stage 3B has been undertaken

list SMGs identified, provide overview of characteristics and market commentary.

Lea

se a

nal

ysis

Collect current lease and occupancy information

For special use properties, research lettings of comparable properties.

Prepare rental database from surveys and tenancy/outgoings schedules and other sources.

Report on the methods used to collect up-to-date rental information and comment on the standard of data obtained.

Report on the percentage of current rental data referenced against the total number of leased properties. The data collected must be of sufficient quality to meet the requirements for certification.

Analyse lease evidence.

For new lettings or rent reviews in 2014 and 2015 (or prior to 2014, if required):

check lease information against existing valuation and its data

update database with current lease information.

For analysed lettings:

nominate which rentals are used or excluded in analysis

calculate a rental ratio.

Display and describe the method used to analyse leases.

Updated lease data to be shown in spreadsheets.

Classify all rentals from 1/1/2014 into the following categories:

AR (analysed rent)

ER (excluded rent).

Classify analysed rent (AR) from 1/1/2014 into the following categories:

rental (rental used)

rental ex (rental excluded).

Determine rent levels/tables/schedules/matrices.

Include rental analysis spreadsheets showing a breakdown of rental evidence to the most appropriate unit of value for the property type.

Rental tables/matrices derived from rental analysis with commentary on the conclusions drawn from rentals analysed per SMG.

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Contract No: 1910 Title: Provision of Valuation Services 117

Task Output (provide electronically)

Sal

es a

nal

ysis

Collect sales data for each SMG or group of SMGs:

prepare a sales database from all available sources

for special use properties, research sales of comparable properties.

Verify sales information for each SMG or group of SMGs:

check sales information against existing valuation data and correct data as required

reconcile sales of multiple assessments with respective header assessment

inspect all sale properties, confirm property data where necessary.

Analyse sales for each SMG or group of SMGs:

analyse sales of vacant and near-vacant land to an appropriate unit rate

analyse improved sales to derive an ‘analysed site value’

analyse added value of improvements

calculate passing yields on lease properties and imputed yields on properties sold with vacant possession

direct comparison rates per square metre, where appropriate.

Classify all sales from 1/1/2014 into the following categories:

simp (sale improved)

svac (vacant land sale)

ex (excluded sale)

trk (tracking sale).

Provide valid justification for sales that have been excluded.

Include sales analysis spreadsheets.

Each sale to be analysed down to the most appropriate unit of value for the property type:

land (e.g. $/m2, $/ha, $/lot etc.)

main buildings (e.g. $/item, $/m2 etc.)

other improvements (e.g. $/item, $/m2 etc.)

site improvements (e.g. $/item, $m2 etc.)

residual land value (e.g. $m/2, $ha, $/lot etc.)

passing net rent, where available (e.g. $/m2, $/pa etc.)

Itemised outgoings

market capitalisation rates (passing and imputed)

land and buildings value (per m2).

Provide a report with the following information to clarify the sales analysis methodology:

legend for spreadsheet codes, row or column headings or other descriptors

impact of planning scheme, zoning, permit or permit refusals or other planning issues

impact of heritage registration or related issues

any other allowance made in analysis.

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Contract No: 1910 Title: Provision of Valuation Services 118

Task Output (provide electronically)

Prepare look-up tables/matrices. Provide look-up tables/matrices derived from sales analysis for:

site values;

capitalisation rates;

improvement values; and

adjustment or influencing factors adopted.

Address by SMG in submission:

key sales used and brief market commentary

adopted levels of value for components used in valuation calculations (e.g. value ranges, look-up tables, matrixes)

adjustment or influencing factor tables that adjust the adopted levels of value in the valuation calculation.

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Contract No: 1910 Title: Provision of Valuation Services 119

Task Output (provide electronically)

Fin

al v

alu

atio

ns

Calculate valuations.

Spatially represent valuation data and check for consistency.

Undertake further property inspections on assessments and update data as required.

Complete final valuations.

Calculate sales ratio statistics as set out in Appendix C on completed valuations.

Conduct exception reporting and analysis of value shifts, as per Appendix D and E.

Name of person making inspection and date of inspection must be recorded to allow status of inspection program to be evaluated at any time.

Provide valuation GIS maps as per Appendix F.

Comment on the generated mapping. Identify any trends, anomalies or outliers that have been identified as a result of your analysis of the required maps and how these findings have impacted on the valuations.

Provide the valuation data for each SMG or group of SMGs components used to calculate valuation (data elements, value tables, adjusters, codes, descriptors, value drivers etc.), including the following: indicate all master/slave assessments adopted net rent itemised outgoings capitalisation rate individual cap rates for components EAV base site value total of site influence factors (percentage,

sum of factors etc.) total value for main building total of main building influences

(percentage, sum of factors etc.) total value for minor buildings total value for improvements previous and proposed SV, CIV and NAV; adopted valuation approach MGV/VGV property guideline templates

should be used and provided, where applicable.

Address in the submission:

how valuation calculation works (include an example)

spreadsheet codes, row or column headings (include legend)

discuss valuation approach adopted capitalisation, summation or direct comparison.

Provide sales ratio statistics as set out in Appendix C.

Provide value shift statistics for sale and non-sale properties – as set out in Appendix D – and provide reasons if tolerances not met.

Provide exception reports as set out in Appendix E.

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Contract No: 1910 Title: Provision of Valuation Services 120

Task Output (provide electronically)

3A f

inal

val

uat

ion

s Prepare final valuations for each nominated property.

Complete exception reporting as set out in Appendix E.

Provide an overview of the valuation methodology adopted for the various nominated properties, in addition to individual spreadsheets showing valuation calculations

All adopted assumptions and levels must be supported and substantiated with market evidence.

Provide the valuation data and evidence for each property including all components used to calculate valuation on individual spreadsheets.

Provide exception reports as set out in Appendix E.

Identify changes to the preliminary 3A valuation setting out rationale for those amendments.

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Contract No: 1910 Title: Provision of Valuation Services 121

Stage 4 Review and Final Valuations Residential and Rural Property

To be completed no later than 31 March 2016

This stage requires the completion of valuations for all residential and rural properties as at the prescribed date.

Stage 4 submissions must not be returned prior to 1 January 2016.

Valuation conferences

Valuers may be required to attend conferences convened by Valuer-General Victoria under Section 7 of the Act. .

At the valuation conferences, the valuation of properties in adjoining municipalities will be compared to ensure they are valued:

at consistent levels of value in accordance with the Act

using all the current available market evidence

using appropriate valuation methodology.

Conferences may focus on:

site values of lands along or near to municipal borders

added values for main improvements

methodology and values for special use properties

exchange of sales and rental information.

Valuation tolerances

The following valuation tolerances are required to be met for Stage 4 certification

Median sales ratio 0.9–1.0

Coefficient of dispersion <10.0

Price related differential 0.98–1.03

Difference between average change in SV and CIV for sold and unsold properties <10 per cent

For further information refer Appendix C and D.

Templates

VGV issues templates for each stage. The VGV 2016 Stage 4 templates are to be used by valuers to assist in meeting the VBPSG output requirements.

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Contract No: 1910 Title: Provision of Valuation Services 122

Stage 4 Tasks and Outputs Summary Task Output (provide electronically)

Sal

es a

nal

ysis

Conduct a sales analysis as per Stage 2, including sales up to and beyond the prescribed date, where available.

Track sales since January 2014.

Calculate valuations.

Spatially represent valuation data and check for consistency.

Calculate sales ratio statistics as set out in Appendix C for each SMG.

Review and inspect properties identified as anomalies or outliers in the mapping, review statistics and update data, as required.

Using the VGV templates:

provide sales analysis outputs as per Stage 2

provide tracking graph, (as per Appendix B) consider and comment on market shifts since 2014 valuation for each SMG.

Fin

al v

alu

atio

ns

Complete final valuations.

Calculate sales ratio statistics as set out in Appendix C on completed valuations.

Conduct exception reporting and analysis of value shifts, as per Appendix D and E.

Using the VGV templates:

provide final valuations and supporting documentation as per Stage 2

comment on whether applied values capture market shifts (by reference to tracking graph)

provide value shift statistics as per Appendix D

provide exception reports as per Appendix E

provide valuation GIS maps as per Appendix F.

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Contract No: 1910 Title: Provision of Valuation Services 123

Stage 5 Valuation and Data Return

To be completed no later than 29 April 2016

This stage is the return of the final valuation to the valuation authority and the provision of a statutory report (Section 7AA of the Act) to the Valuer-General.

Statutory report

The report as required by the Act must be in the prescribed form, given in Section 6 of 2016 VBPSG (Schedule of data formats) and given to the Valuer-General.

Valuation return

The ‘return’ of the 2016 General Valuation requires the valuer to give to the valuation authority the complete and final general valuation, accompanied by a signed and dated declaration.

Certification

If the Valuer-General is satisfied a valuation is generally true and correct, he may certify this to the Minister who may declare that a valuation is generally true and correct and is suitable to be adopted and used for the purpose of any rating authority.

Templates

VGV issues templates for each stage. The VGV 2016 Stage 5 templates are to be used by valuers to assist in meeting the VBPSG output requirements.

Stage 5 Tasks and Outputs Summary

Task Output (provide electronically)

Ret

urn

of

val

uat

ion

Carry out exception reporting as per Appendix E.

Prepare:

data specifications as per Section 6.3 of the 2016 VBPSG.

report of general valuation as per Section 6.4 of the 2016 VBPSG.

Ensure the totals of the data specifications and the report of general valuation match.

Provide exception reports as per Appendix E. Where exceptions are identified, provide valid reason.

Provide a copy of the 2016 general valuation, in accordance with the schedule of data format as set out in Section 6 of 2016 VBPSG.

Statutory return of general valuation to council.

Return all data and information to council as per contract including valuations, calculations, spreadsheets, databases, files, maps, analyses and systems, to council, as per contract.

Completed valuer’s final report in accordance with Section 6 of 2016 VBPSG.

Provide declaration of valuation return.

Valuation totals within the contractor’s final data specifications must match those in the report of general valuation.

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Contract No: 1910 Title: Provision of Valuation Services 124

Australian Valuation Property Classification Code

The Australian Valuation Property Classification Code (AVPCC) is a nationwide classification system that ascribes a code to land based on its existing use. The AVPCC (in addition to Site Value, Capital improved Value and Site Value) forms part of every valuation in accordance with the Act. The AVPCC is treated as part of the valuation in force; therefore, any change to an AVPCC that gives rise to a change in the land use classification (for the purposes of the Fire Services Property Levy) can only be made pursuant to the supplementary valuation or objection provisions of the Act.

The national implementation of such codes is seen as assisting in the making and comparison of land valued for rating, taxing and levy purposes throughout Australia. In Victoria it enables valuers to identify various land uses and group them for comparison purposes – in addition to their property attributes – to enable the making of the valuation. It also creates the ability to map and analyse valuation data in accordance with an AVPCC.

The AVPCC is a code up to four digits intended to describe a land use based on a hierarchical code system represented by a primary, secondary and tertiary classification.

Code hierarchy

The codes are allocated upon consideration of the following criteria:

Primary code or first digit

Relates to the functional dimension of the property. Function refers to the economic function or type of industry using the land. The industry or economic function may often be closely associated with land use zoning.

Secondary code or second digit

The secondary code or second digit relates to the activity dimension of the property. The activity refers to the actual use of the land based on what takes place in physical or observable terms.

Tertiary code or third digit

The tertiary code or third digit relates to the structural dimension of the property. Structure refers to the type of buildings or improvements on the land. This embodies the utility of the space (in a building) or land (without buildings). This may be defined by a recent planning or building permit and/or the building/improvements situated thereon.

In an attempt to further define some uses some tertiary codes have sub-groups with a decimal place in the code. The AVPCC best capturing the predominant use by applying the method prescribed above is recommended.

The codes are not meant to describe the value drivers of the land such as size, age or other factors such as ownership or property characteristics. The AVPCC is intended first and foremost as a simple way of assigning a land use category that best translates to the codes. Accompanying descriptors have been provided in the 2016 VBPSG to better define the most appropriate AVPCC for valuers.

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Contract No: 1910 Title: Provision of Valuation Services 125

The AVPCC are grouped into the following categories by primary code:

Residential

Commercial

Industrial

Extractive Industries

Primary Production

Infrastructure And Utilities

Community Services

Sport, Heritage and Culture

National parks, conservation areas, forest reserves and natural water reserves

Cancelled/Non-Active Assessments

The table in Appendix A shows the AVPCC codes available to be selected for rateable and non-rateable land.

SUPPLEMENTARY VALUATIONS

Supplementary valuations must be completed in accordance with the valuation authority’s business rules.

A valuation authority can cause a supplementary valuation of rateable and non-rateable leviable land only under circumstance prescribed in Section 13DF or 13L of the Act. Any supplementary valuation must be treated as a part of the valuation in force and cancels the existing valuation.

If the Valuer-General is the valuation authority for non-rateable leviable land, the collection agency can request the Valuer-General to cause a supplementary valuation by providing the data in the prescribed form.

Certification of Supplementary Valuations

In accordance with Section 13DFA(1) or 13M(1) of the Act, the valuer must submit a report of the valuation in the prescribed form to the Valuer-General within one month of returning supplementary valuations to council or the collection agency.

VGV’s 2016 supplementary valuations template must be used by valuers for 2016 VBPSG output requirements.

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Contract No: 1910 Title: Provision of Valuation Services 126

Supplementary Valuations

Tasks Outputs

Undertake supplementary valuation Inspect property, update/input data for supplementary valuations

Calculate valuation as at the prescribed date. Return valuations to valuation authority within required response times

Valuation return In accordance with Section 13DFA(1) and 13M of the Act, submit a copy on the VGV supplementary valuation template, according to statutory requirements.

ENQUIRIES, OBJECTIONS AND APPLICATIONS TO VCAT

A valuation authority is required to manage the objection process. A critical component of this is the handling of objection enquiries and the referral of the objection to the valuer for determination.

A valuation authority is required to handle objections lodged to a notice of valuation given by a rating authority, collection agency or the Commissioner of State Revenue.

Enquiries

Handling of enquiries is the valuation authority’s responsibility. A prompt and informed response to enquiries is important to a satisfactory outcome and may result in a reduced incidence of objections lodged. Council’s customer service standards are to be followed.

The valuer is required to respond to and resolve all forwarded enquiries, or respond as directed by the valuation authority for the duration of the contract within required response times.

Objections

All objections referred to the valuer by the valuation authority must be determined in accordance with Part 3 of the Act. Any objection lodged within time needs to be determined within four months.

The valuer is required to provide customer service levels that can respond to valuation enquiries and objections throughout the objection period. All enquiries and objections must be responded to in accordance with contract requirements and statutory guidelines. The valuer needs to maintain a record of all documentation and correspondence necessary to determine the objection and support any recommendation of adjustment. If an objection is not dealt with within four months of receipt, it will be deemed that the objection has been disallowed. The objector will then have the right to make an application for review to the Victorian Civil and Administrative Tribunal (VCAT). Section 22(8) of the Act ensures that the valuer can still make a determination provided the matter has not been referred to VCAT.

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Contract No: 1910 Title: Provision of Valuation Services 127

The valuer is required to process the valuation objection and advise the objector in writing of his/her decision, with a copy to the State Revenue Office (SRO), if applicable, as follows.

If a valid objection is lodged, and a reduction is warranted, a recommendation notice in the required form is to be issued to VGV. If approved, VGV will issue a confirmation notice. An adjustment to the valuation of a valid objection can only be made using a notice of recommended adjustment and not by a supplementary valuation. The practice of submitting supplementary valuations in place of a notice of recommendation is not in accordance with the Act.

If a valid objection is lodged, and a reduction is not warranted, a notice of disallowance should be provided to the objector.

High value properties

Where any or all of the valuations on an objection are at or above the prescribed amount and the grounds for objection is that the value is too high or too low, the compulsory exchange of information pursuant to high valued properties (Section 20 of the Act) will apply. If this occurs, the information exchange provisions outlined in Sections 16(3A), 20 and 21(7) of the Act will apply.

The prescribed amounts are set out in the Valuation of Land (General and Supplementary Valuation) Regulations. If a high value objection has been received, Section 20(2) of the Act prescribes that within one month of receipt, the valuer (to whom the objection has been referred) must give the objector the prescribed information related to the valuation that is the subject of the objection. The prescribed information is set out in the Valuation of Land (General and Supplementary Valuation) Regulations. Section 21(2) of the Act provides the right for an objector to discuss an objection with the valuer; however, Section 21(7) states that the valuer is not required to discuss a high value objection unless the objector lodges a submission under Section 20(3).

Out of time objections

The valuer is not required to determine an objection in accordance with Section 21 of the Act if it is lodged outside the statutory time frames. The statutory timeframes are mandatory and the valuer or the Valuer-General has no discretion to accept or consider late objections. In this instance the objector has not exercised their rights within the statutory time frames and the objection is considered to be invalid. It is recommended that the valuer advise the objector in writing. A notice of disallowance is not applicable.

Application to VCAT for review

An objector who is dissatisfied with the valuer’s or Valuer-General’s decision on an objection may apply to VCAT or the Supreme Court for review of the decision. The president of VCAT (or if the party applies to do so) may refer a matter that is subject to a review to the Supreme Court.

An application in respect of a deemed decision referred must be made within nine months after the date on which the objection was lodged with the valuation authority. In the case of a Valuer-General deemed decision on a recommendation, an application can be made at any time after the end of the two month period after a copy of the recommendation was given to the objector, and in any other case 30 days after the date notice of the decision was given.

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Contract No: 1910 Title: Provision of Valuation Services 128

Land valuation matters before VCAT are included on the Planning and Environment List. The list deals with a wide range of matters including applications to review a decision made by a valuation authority concerning the valuation of land.

A valuation authority and valuer should be aware that VCAT has several practice notes (available at www.vcat.vic.gov.au/resources), applicable to the Planning and Environment List and land valuation matters. The practice notes cover:

Common procedures Expert evidence Fair hearing obligation Alternative dispute resolution (ADR) Directions hearings and urgent hearings.

The practice notes provide procedural guidance on the operation of the tribunal. In addition, the practice notes set out specific procedures and timeframes that apply to the conduct of the matter and the responsibilities of the parties. A valuation authority and valuer must ensure they comply with the requirements when responding or acting in a matter before VCAT.

VCAT powers on review

On review of an application, VCAT or the Court may make an order varying the existing valuation/s or any other order. In these circumstances, the valuer can make entries on the return showing an alteration on a VCAT or Court determination.

The practice notes are available on the VCAT website at: www.vcat.vic.gov.au/resources.

SCHEDULE OF DATA FORMATS

A copy of the final valuation database is required as part of the Stage 5 submission to VGV. This schedule is mandatory for all contracts.

Data may be used by the Valuer-General for:

carrying out statutory functions

checking the data and valuations for issue of a Generally True and Correct (GTC) Certificate

research into improving valuation methodology

publishing state wide revaluation outcomes.

The following is the recommended format for the return of data to the Valuer-General. This will satisfy the statutory requirement for the return of the general valuation in the prescribed form. A Microsoft Excel file is preferred. Pipe (|) delimited text files that can be imported to Microsoft Excel is also acceptable.

The data specification table lists the data elements and recommended format. In addition, VGV has created templates with all of the required fields and formats. If using this template, provide data for each of the fields in the required format. If a column or columns is/are not relevant to a municipality do not delete that column e.g. Pasture Condition Code for commercial properties.

The spreadsheet templates are available from council or on VGV’s website at www.dtpli.vic.gov.au/valuations > Council valuations > Revaluation 2016.

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Contract No: 1910 Title: Provision of Valuation Services 129

Instructions for data preparation

Fields and data

If there is no data then the field must still be created, do not delete any of the fields.

Only provide one record per field unless specified.

Ensure that commas are only used to separate multiple records e.g. electricity, gas, water and not as part of the text e.g. 12/10/1999, annual to market

Do not use special characters as part of any field e.g. ‘¶’ or . . This includes linefeed and carriage return characters.

Duplicate records

Ensure that each assessment number is unique. VGV will follow up the data provider for confirmation or correction if duplicate records are found.

Data types

Each of the data types specified below relates to the cell format in Microsoft Excel. Explanations of the codes required in the data format fields are as follows: N = numeric A = alphanumeric D = date

If a field is alphanumeric please leave the field empty rather than using zeros. This is particularly important for address and title fields e.g. ‘2-0 Smith St Collingwood’ is incorrect.

Header records

Header records (parent properties) must not be included in this data set. If an assessment has a header record the header assessment number is to be included in the ‘header number’ field (field AX). A second header file should be submitted with the following information:

Header number/assessment number (this number must match the header number, field in the general data file)

From street number

To street number

Street name

Street type

Suburb

Postcode

Owner’s name and address

Land area

Land area measurement (M or H)

Total Pending Site Value

Total Pending CIV

Total Pending NAV

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Contract No: 1910 Title: Provision of Valuation Services 130

Total Previous Site Value

Total Previous CIV

Total Previous NAV

Required fields

The following fields should be completed for each classification:

Type 1 Valuation Record For each property assessment cells A to AY, CA and CB should be completed. For each property classified as residential, cells AZ to BI should be completed. For each property classified as commercial, cells BC to BL should be completed. For each property classified as rural, cells BJ to BS should be completed. For each property affected by additional valuer considerations, the appropriate cells BT to CG should be completed.

Type 2 Owner Record

All mandatory fields should be completed (see Type 2 Owner Record)

Type 3 Title Record

All mandatory fields should be completed (see Type 3 Title Record)

New or modified fields

The rateability has been changed to the 5 codes used to define rateability and leviability. Please see data specifications in Section 6.3 2016 VBPSG for further details.

Exception reporting and checking for final valuation submission

The final valuation submission determines the recommendation of a GTC Certificate. Use of the valuation for rating purposes by council and purchase or use by the SRO make quality and accuracy of the final product important.

While the final valuations have been certified at Stages 3 and 4, the Stage 5 submission represents the final valuation return to council, upon which they will issue their rate notices. It is therefore imperative that these figures are the same as those that were certified in the earlier stages.

Prior to the final submission of the 2016 valuations, run the following tests over the data.

General checks

Ascertain that totals presented on the Report of General Valuation match the totals (number of assessments, total SV, CIV and NAV) of the Stage 5 Data Specifications submission.

Make certain that valuations submitted in Stage 3 and 4 are the same as those presented in Stage 5 (advise VGV if changes have been made between certification of Stage 3 and 4, and final submission in Stage 5).

Advise VGV and comment on any uncertified assessments.

Ensure mandatory data elements are complete and included in the submission.

Ensure there are no duplicate assessment numbers.

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Contract No: 1910 Title: Provision of Valuation Services 131

Ensure the header numbers match the header file assessment number.

Ensure all AVPCCs are in accordance with the ones specified in Appendix A.

Ensure there is only one AVPCC for each assessment.

Ensure that data formats are consistent with those specified in this Section 6 of these guidelines.

Exception Reports

Ensure that all Site Values are not greater than the CIV.

Ensure that assessments classified as vacant land do not have building details.

Ensure that assessments classified as vacant land have a CIV no more than the Site Value + 20 per cent.

Ensure that all assessments not classified as vacant land do not have a Site Value equal to the CIV.

Ensure that commercial and industrial NAVs are not less than 5 per cent of the CIV.

Ensure that all NAVs (excluding commercial and industrial) should equal 5 per cent of the CIV.

Data Integrity Checks

Ensure that data types are consistent with those specified in Section 6.1.3 of 2016 VBPSG

Ensure that land area is in a numeric format.

Ensure that land area measurements are in metres squared and hectares only.

Ensure that construction year is in YYYY format (between 1800 and the current revaluation year).

Ensure that renovation year is in YYYY format (between 1800 and the current revaluation year).

Ensure that either the assessment number or GIS number field matches with Vicmap Property layer PROPNUM field.

The following dates are in DD/MM/YYYY format:

last date of 2014 supp. valuation

lease start date

effective date

last sales date

date of last inspection.

date of last inspection.

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2

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2

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133

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2

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2

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135

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s where no valur commas.

here no value apr commas.

here no value apr commas.

s where no valur commas.

here no value apr commas.

here no value apr commas.

E

as follows:

h record that

have a sale

sified alid property

ld e.g. enter,

e applies.

pplies.

pplies.

e applies.

pplies.

pplies.

Example

electricity, gas, water

120000

11/10/2003

675

Sale of half share 78000

125000

6250

01/01/2014

70000

110000

5500

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2

F

A

A

A

A

A

A

FA

A

A

A

2016 Valuation Be

Field Data elem

AP Last Retu

AQ Date Of LInspectio

AR Building A

AS All Improv

AT Prop Num

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2 3

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the value of the

No Effec

54

Average

4 5

136

uation to the valumed.

ment. Supply as

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t appears in Vic

used to link then a shopping com

l street frontage de characters or

d due to the phy

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ct

6 7

e

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s metres squared

e abbreviations.

map Property.

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in metres. multiple numbe

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8 9

8 9

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unless a

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he site.

tyle.

10

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9

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Example

15/8/2012

2/07/2009

160

garage, verandasingle carport 1005005

12345

12.5

5

5

3

a,

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2

F

A

B

B

B

B

B

B

B

B

B

BBB

2016 Valuation Be

Field Data elem

For each

AZ Occupan

BA Lease Te

BB Lease St

BC Gross Re

BD Net Rent

BE Rent Rev

BF Incentive

BG Total OutPer Annu

BH Number OSpaces

BI Car Park Annum

For each

BJ Arable ArBK Non ArabBL Access C

est Practice Speci

ment Datatype

h property class

cy Type A

erm N

art Date D

ent (pa) N

(pa) N

views A

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N

Of Car N

Per N

h property clas

rea (H) N ble (H) N Code N

fications Guidelin

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sified as rural l

Unit as per lUnit as per lDescription:

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1

es

nts

mercial land

ma to separate e

umeric format re

D/MM/YYYY for

gross rent payabnumeric format.net rent payable numeric format.

ent reviews spec

ny incentives pro

ma to separate eny outgoings relefor those outgo

mmas. r of car parking she property. r of car parking sthose spaces. S

land

land area. Suppland area. Supp level of physica

2 3

each occupancy

epresenting the t

rmat.

ble per year, as s Do not include per year, as sp Do not include

cified in any leas

ovided by the les

each incentive. evant to the leasings. Supply in

spaces on the p

spaces on the pSupply in a nume

ply in hectares onply in hectares onal access to the

Average

4 5

137

type (if multiple

total lease term

specified in any dollar signs or cecified in any leadollar signs or c

se.

ssor in relation to

se and the namea numeric forma

roperty or assoc

roperty or assoceric format. Do n

nly. nly. property.

6 7

types exist).

in months.

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de dollar 22

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annual rent r signs or

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10

xample

airdresser

2

2/10/2007

0000

0000

2/10/2004 annuamarket

months’ rent free

250

2

000

0 0

al

e

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2

F

B

B

B

B

B

B

B

B

B

B

2016 Valuation Be

Field Data elem

BM Water SuCode

BN Fencing Condition

BO Water Rig(Megalitre

BP Unused RAnd WateFrontage

BQ Pasture Condition

BR Vegetatio

BS Soil Type

Addition

BT VHR Her

BU Water UsLicense

BV Water ShAmount

est Practice Speci

ment Datatype

upply N

n Code N

ghts es)

N

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es

N

n Code N

on Type A

e A

nal value consid

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se A

hare A

fications Guidelin

a e

Requiremen

Description:

Description:

Supply in a

$ p.a. for Crsigns or com

Description:

Use a comm

A detailed deUse a commDo not use a

derations

Properties thunder the HeStays linkedunregulated administeredNumber of m

Poor

1

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onsite water su

the general con

numeric format,

rown licence aremmas.

The general co

ma to separate e

escription of thema to separate eabbreviations.

hat have been ineritage Act 1995 with the land. Aor ground wate

d by water authomega litres on th

2 3

2 3

2 3

upply for the purp

ndition of the fen

representing th

eas. Supply in a

ondition of the pa

each vegetation

e major soil typeseach soil type.

ncluded in the V5, provided as a A permanent allor system and incority, provide thehe annual allocat

Average

4 5

Average

4 5

Average

4 5

138

pose of the farm

ncing

e water rights in

numeric format.

asture

type. Do not use

s on the property

ictorian Heritagereference.

ocation deliveredcluding diversione water authoritytion

6 7

6 7

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ming enterprise

n megalitres.

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e abbreviations.

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8 9

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xample

60

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crub, eucalypts

hoc loam, red cla

HR168.04

oulbourn MurrayABA002600

00

ay

y

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2

F

BB

B

B

CC

C

C

C

C

2016 Valuation Be

Field Data elem

BW License ABX Delivery S

BY Contamin

BZ ConservaCovenan

CA GIS AreaCB Rateabilit

CC Multi-Ass(y/n)

CE Councils Effective

CF Water Au

CG Planning Overlays

est Practice Speci

ment Datatype

Area A Share A

nation A

ation t

A

a (m2) N ty A

sessment A

Date D

uthority A

A

fications Guidelin

a e

Requiremen

The area of Access right

1. Proppursu

2. Prop3. Prop

Properties s

The GIS areRateable as

NRFNRFof theNRNRAFSRAN

Whether theshopping ceDD/MM/YYY

For councilschoose fromCWW - City SEW - SouthYVW - YarraThe plannin Use a comm

es

nts

the property that to the channel

erties that have uant to the Envirerties that have erties that have ubject to a cove

ea of the propertysessments = SL = non-rateabSL-S20 = non-rae Fire Services PL = non-rateableSL = rateable anL = rateable and

e assessment forentre would haveYY format. The d

providing valuam the following op

West Water h East Water a Valley Water g overlay(s) app

ma to separate e

at is irrigable in hand linked to the

been included oronmental Protehad an environmother evidence

enant under the V

y. Provided in sq

ble and fire serviateable and fire Property Levy Ae and non-leviabnd fire services ld non-leviable

rms part of a lare a value of y. date the valuatio

ations data to theptions:

plicable as listed

each planning ov

139

hectares. e land specified

on the EPA Prioection Act 1970mental audit of site contaminVictorian Conse

quare metres.

ices leviable services leviable

Act ble leviable

ger property. Fo

on is adopted for

e Metropolitan W

d in the relevant

verlay

in mega litres p

rity Sites Regist

nation which affervation Trust Ac

e falling within S

or example a sho

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ter

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NR

op within y

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00

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VW

O (heritage verlay)

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2

OT Twth ‘NW E

F

A

B

C

D

E

F

G

2016 Valuation Be

Owner record This record conta

There should bewithin each sepahat owner deta

Non-mandatoryWhere data is av

Explanation of CN = numeric A = alphanumD = date M = mandator

Field Data elem

A AssessmNumber

B Prefix

C Surname

D First Nam

E Date of B

F ACN/ABN

G CompanyName (orName(s) stringed d

est Practice Speci

ains the owner's

e an equivalentarate designatedils and address

y’ fields vailable in the no

Codes in Data Fo

meric

ry field – data mment Data

type ment A

N

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N A

y r as data)

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fications Guidelin

s name and addr

t amount of owd field it may altes details must s

on-mandatory fie

ormat:

must be providedMandatory Re

M Raas

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es

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wner records asernatively be enstill remain sep

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ating authority pssigned to uniqu’ indicates indivi

o contain the suro not enter compust contain the c

upply in DD/MM

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n. More than one

there are ownentered as a strinparate.

ould provide the

property referencuely identify an itdual, ‘0’ indicate

rname of a natupany details in tcustomer’s full n

/YYYY Format.

pany name (or aseparate fields c

140

e owner record m

ers (i.e. one refg of data within

information in th

ce number. Refetem of land. es company

ral person. his field.

name, not initials

a string of data focannot be provid

may be supplied

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he relevant field

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s.

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for each assess

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(s).

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1005005 1

Smith

John

sment.

nnot be providedlds of but note

d

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2

F

H

I

J

K

L

M

N

O

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2016 Valuation Be

Field Data elem

H Mailing T

Bag/Box Number

J Property Name

K Floor Num

L Unit Num

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Q Street NuPrefix2

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Type A

A

A

mber A

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hoose from the fX Document ExcPO General PosB Locked Bag MB Postal Mail BOB Post Office BO Post Office MB Roadside MSD Roadside De

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refix for From to

following mailingchange st Office

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s a range applicaNumber’ exampltreet Number.

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141

g options:

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single property

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plex

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1

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r

12

16

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2

F

R

S

T

U

V

W

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Y

Z

A

2016 Valuation Be

Field Data elem

R Street NuSuffix1

S Street NuSuffix2

T Street Na

U Street NaSuffix

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W Suburb

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Y State

Z Country

AA Address stringed d

est Practice Speci

ment Data type

umber A

umber A

ame A

ame A

ype A

A

e N

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A

as data

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Su

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treet name shoureet type. sed to further ca

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nly to be complepecified fields ab

treet Number.

Number.

uld not include ad

ategorise the stre

street type. Do n

ame. Where appstcode can be u

e found at the Aum.au. d be provided fo

which the addrese found at the Aum.au.

eted if the addrebove.

142

dditional street i

eet.

not use abbrevia

propriate a localused. Locality naustralia Post web

or all assessmenss is located. Poustralia Post web

ss cannot be su

nformation e.g.

ated types e.g.

ity name linked ames linked to bsite

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upplied in the

Example

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E (east)

Road Bannockburn

3550

VIC

Australia

n

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2

TT Tthfi ‘NW E

F

A

B

C

2016 Valuation Be

Title record This record conta

There should behey cannot be pield.

Non-mandatoryWhere data is av

Explanation of coN = numeric A = alphanumM = mandator

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A AssessmNumber

B StandarParcel Identifie

C Referenstringed

est Practice Speci

ains the title rec

e an equivalentprovided individu

y’ fields vailable in the no

odes in data form

meric ry field – data m

ement Data type

ment r

A

d

rs

A

ces as data

A

fications Guidelin

ord used to iden

t amount of titleually then they sh

on-mandatory fie

mat:

must be provided

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M

M

es

ntify a property.

e records as thhould be provide

elds, council sho

Requirements

Rating authorityassigned to uniProvide unique

Only to be comused as an add

More than one t

here are SPI’s (ied as a string wi

ould provide the

y property referequely identify anidentifiers for ea

pleted if the SPIditional reference

143

itle record may b

.e. one referenith a comma del

information in th

ence number. Ren item of land. ach parcel of lan

cannot be suppe field.

be supplied for e

ce per line). If timiter within the

he relevant field

eference numbe

nd.

plied individually

each assessmen

here are more the ‘References as

(s).

Examp

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nt.

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05

2340 or A\PP3084E

d

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Contract No: 1910 Title: Provision of Valuation Services 144

Report of General Valuation

Valuation of Land Act 1960

REPORT OF GENERAL VALUATION UNDER SECTION 7AA(1)

Valuation summary

Area Date valuation was returned to rating authority

Date of previous valuation returned to rating authority

Name of rating authority

Basis of rating

Level of value date

Level of value date of previous valuation

Residential Commercial Industrial Rural Non-rateable leviable

Total

Number of assessments with buildings

Number of assessments without buildings

Total Net Annual Value

Area

Date valuation was returned to rating authority

Date of previous valuation returned to rating authority

Name of rating authority

Basis of rating

Level of value date

Level of value date of previous valuation

Residential Commercial Industrial Rural Non-rateable leviable

Total

Total Site Value

Total Capital Improved Value

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Contract No: 1910 Title: Provision of Valuation Services 145

Summary of previous valuation details as amended to the end of the rating year immediately preceding the current valuation

Residential

Commercial

Industrial

Rural

Non Rateable leviable

Total

Number of assessments with buildings

Number of assessments without buildings

Total Net Annual Value

Total Site Value

Total Capital Improved Value

General comments

(1) List and comment on the percentage change between this valuation and the previous valuation for each of the following land classifications:

residential

commercial

industrial

rural production.

(2) Specify the impact of any amendments to planning schemes, local laws, etc. on the valuation.

(3) Comment on development in the area of the rating authority, recent trends, geographical, social and other factors influencing general levels of valuation of properties in the area of the rating authority.

Signed:

Name and title:

Date:

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Contract No: 1910 Title: Provision of Valuation Services 146

APPENDICES

A Australian Valuation Property Classification Codes (AVPCC) B Tracking Graphs C Sales Ratio Statistics D Value Shift Statistics E Exception Reports F Valuation GIS Maps G Qualifications required by Valuers H Schedule of Specialist Properties I Schedule of Data Responsibility

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Contract No: 1910 Title: Provision of Valuation Services 147

APPENDIX A – AUSTRALIAN VALUATION PROPERTY CLASSIFICATION CODES (AVPCC)

This appendix lists the Australian Valuation Property Classification Codes and groups them into the following categories:

Residential Commercial Industrial Extractive Industries Primary Production Infrastructure And Utilities Community Services Sport, Heritage and Culture Cancelled/Non-Active Assessments

The table below shows both the secondary (two digits) and the tertiary AVPCC codes. In some instances the tertiary code includes a decimal to represent a sub classification. Select one AVPCC tertiary code for each valuation of rateable or non-rateable leviable land. Code Residential Description

10 Residential Use Development Land

100 Vacant Residential Dwelling Site/Surveyed Lot

Vacant land suitable for the erection of a detached or semi-detached dwelling.

101 Residential Development Site Vacant land with a permit approved or capable of being developed for high density residential purposes.

102 Vacant In globo Residential Subdivisional Land

Vacant land zoned for future residential subdivision.

102.1 Unspecified

102.2 Subdivisional Land (Multi Lot)

102.3 Subdivisional Land

(In globo/Potential)

103 Vacant Residential Rural/Rural Lifestyle

Vacant land in a rural, semi-rural or bushland setting capable of being developed with a single residential dwelling.

109 Residential Airspace Airspace capable of being developed for residential purposes, usually above a rooftop, roadway or railway.

11 Single Residential Accommodation

110 Detached Dwelling Freestanding dwelling on residential land.

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Contract No: 1910 Title: Provision of Valuation Services 148

Code Residential Description

110.1 Unspecified

110.2 Detached Dwelling (new)

110.3 Detached Dwelling (existing)

110.4 Detached Dwelling

Non-Conforming Use-Commercial

Detached dwelling used for residential purposes on commercial land.

110.5 Detached Dwelling

Non-Conforming Use-Industrial

Detached dwelling used for residential purposes on industrial land.

111 Separate Dwelling and Curtilage

Freestanding dwelling on defined curtilage, being part of a larger holding of varying use, e.g. caretaker’s dwelling on industrial site, second dwelling on farm.

112 Semi-Detached/Terrace/Row House

Attached or semi-detached dwelling that does not share common land.

112.1 Unspecified

112.2 Semi-detached

112.3 Terrace

112.4 Row House

112.5 Half Pair or Duplex

113 Granny Flat/Studio Dwelling either detached or adjoined to a principal dwelling that is self-contained, connected to services but not subdivided in the present form.

114 Dwelling and Dependant Unit Dwelling and dependant unit not permitted to be separately occupied either detached or adjoined, each self-contained, connected to services but not subdivided in the present form.

115 Shack/Hut/Donga Basic structure with limited services and amenities, providing basic, short-term accommodation.

116 Cabin/Accommodation (rental/leased individual residential site)

A dwelling subject to a site agreement within a larger complex, e.g. caravan park or lifestyle village. The basis of valuation may vary according to legislation.

117 Residential Rural/Rural Lifestyle

A single residential dwelling on land in a rural, semi-rural or bushland setting. Primary production uses and associated improvements are secondary to the residential use.

118 Residential Land (with buildings that add no value)

Residential land on which the benefit of works (structures erected) upon the land is exhausted.

12 Multiple Occupation (within

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Contract No: 1910 Title: Provision of Valuation Services 149

Code Residential Description

residential development)

120 Single Strata Unit/Villa Unit/Townhouse

Freestanding and unattached unit with ground level footprint.

120.1 Unspecified

120.2 Single Strata Unit

120.3 Villa Unit

120.4 Townhouse

120.5 OYO Subdivided Dwelling

120.6 OYO Subdivided Unit

120.7 OYO Unit

121 Conjoined Strata Unit/Townhouse

Unit/Townhouse with common walls/party walls with ground level footprint.

121.1 Unspecified

121.2 Half Pair or Duplex

121.3 Conjoined Strata Unit

121.4 Townhouse

123 Residential Company Share Unit (ground level)

Unit with a ground level footprint where the land is defined by shares in a complex, which gives right to occupy a particular unit. Fully serviced and equipped for long term residential occupation.

123.1 Unspecified

123.2 OYO Company Share Unit

123.3 OYO Stratum Flat

123.4 OYO Stratum Unit

123.5 OYO Company Share Flat

123.6 OYO Cluster Unit

124 Residential Company Share Unit (within multi-storey development)

Unit which forms part of a multi-storey development where the land is defined by shares in a complex which gives rights to occupy a particular unit. Fully serviced and equipped for long term residential occupation.

125 Strata unit or flat Unit or flat that forms part of a multi-storey development that has been subdivided.

125.1 Unspecified

125.2 Strata Dwelling

125.3 OYO Subdivided Flat

125.4 OYO Strata Flat

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Contract No: 1910 Title: Provision of Valuation Services 150

Code Residential Description

126 Individual Car Park Individual car park associated with residential use.

127 Individual Berth Individual berth associated with residential use.

128 Individual Flat Single flat used for residential purposes within a larger property, e.g. caretakers flat or dwelling above a shop.

129 Common Land associated with a residential development

Designated common space, e.g. driveway, gardens or common parking.

13 Investment Residential

130 Boarding House Land with a building that is registered to provide long term single room accommodation with shared facilities.

131 Residential Investment Flats A flat that forms part of a complex of two or more flats on land not subdivided.

133 Short Term Holiday Accommodation

A residential property used exclusively for short term holiday accommodation for persons away from their normal place of residence.

135 Dormitory Accommodation/University Residential College

Residential accommodation for students usually with shared facilities which is controlled or operated by a registered educational provider.

135.1 Unspecified

135.2 Dormitory Accommodation

135.3 University Residential College

14 Retirement/Aged Care Accommodation/Special Accommodation

140 Retirement Village Unit Individual unit with self-contained facilities that forms part of retirement village.

141 Retirement Village Complex Land on which a retirement village complex which provides accommodation with shared facilities, amenities and services is erected.

142 Aged Care Complex Land developed with a registered care facility that provides residential accommodation and care services for people, particularly the elderly who can no longer live independently.

142.1 Unspecified

142.2 Aged Care Complex

142.3 Nursing Home

143 Special Accommodation Land with residential accommodation provided by registered providers for people with defined medical, social or special support needs.

144 Disability Housing Land on which purpose built housing

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Code Residential Description

accommodation for people with disabilities is erected.

15 Ancillary Buildings

150 Miscellaneous Improvements on Residential Land

Residential land, on which miscellaneous improvements only are erected, e.g. garages and sheds.

150.1 Unspecified

150.2 Storage Area

150.3 Garage/Outbuilding

151 Miscellaneous Improvements on Residential Rural Land

Land within a rural, semi-rural or bushland setting and capable of being developed with a single residential dwelling on which miscellaneous improvements only are erected, e.g. garages and sheds.

151.1 Unspecified

151.2 Storage Area

151.3 Garage/Outbuilding

151.4 Site Improvements

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Code Commercial Description

20 Commercial Use Development Land

200 Commercial Development Site Vacant land with a permit approved or capable of being developed for commercial or mixed use purposes.

201 Vacant In globo Commercial Land

Land which is zoned for future commercial subdivision/development.

202 Commercial Land (with buildings that add no value)

Commercial land on which the benefit of works (structures erected) upon it is exhausted.

209 Commercial Airspace Airspace capable of being developed for commercial purposes, usually above a rooftop, roadway, railway.

21 Retail

210 Retail Premises (single occupancy)

Land with retail premises used for the sale of goods or services.

210.1 Unspecified

210.2 Bank

210.3 Retail Store/Showroom

210.4 Shop

210.5 Café

210.6 Timber Yard/Trade Supplies

210.7 Display Yard

210.8 Convenience Store/Fast Food

210.9 Plant/Tree Nursery

211 Retail Premises (multiple occupancies)

Land with more than one retail premises used for the sale of goods or services, regarded as a complex and not subdivided.

211.1 Unspecified

211.2 Shop and Dwelling (single occupancy)

211.3 Office and Dwelling (single occupancy)

212 Mixed Use Occupation Land that includes mixed occupancies, including shops and offices regarded as a complex and not subdivided.

212.1 Unspecified

212.3 Office

212.4 Shop

212.5 Studio

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Code Commercial Description

212.6 Workroom

213 Shopping Centre Land developed with a significant retail complex comprising a number of unsubdivided retail premises, parking and associated infrastructure.

213.1 Unspecified

213.2 Super Regional

213.3 Major Regional

213.4 Regional

213.5 Sub Regional

213.6 Neighbourhood

214 National Company Retail Land developed with a purpose built structure and normally occupied by a national company, e.g. supermarket, hardware and home wares.

214.1 Unspecified

214.2 Supermarket

214.3 Department/Discount Department Store

214.4 Bulky Goods

215 Fuel Outlet/Garage/Service Station

Land used predominantly for fuel sales (multiple pumps) may include car repair and servicing facilities.

216 Multi-Purpose Fuel Outlet (fuel/food/groceries)

Land used as a service centre usually including fuel sales, retail, restaurant and takeaway food facilities.

217 Bottle Shop/Licensed Liquor Outlet

Land developed with a purpose built structure and normally occupied by a national company licensed for the sale of packaged alcohol.

218 Licensed Retail Premises Retail premises licensed to sell packaged alcohol.

219 Market Stall A stall within a market used for the sale of goods and services, e.g. stall at Queen Victoria Market.

22 Office

220 Office Premises Land used as an office for administration, technical, professional or other like business activity.

220.1 Unspecified

220.2 Office (Converted dwelling)

220.3 Serviced Office

220.4 Strata/Subdivided Office

221 Low Rise Office Building Land developed with a 1-3 level office building and

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Code Commercial Description

used for administration, technical, professional or other like business activity.

222 Multi-Level Office Building Land developed with a 4+ level office building and used for administration, technical, professional or other like business activity.

222.1 Unspecified

222.2 Medium rise (4 to 50 levels)

222.3 High Rise (50+ levels)

223 Special Purpose (built-in technology)

Land developed as a purpose-built facility with a high technology component, e.g. call centre.

23 Short Term Business and Tourist Accommodation

230 Residential Hotel/Motel/Apartment Hotel Complex

Land used to provide accommodation in serviced rooms for persons away from their normal place of residence.

230.1 Unspecified

230.2 Residential Hotel

230.3 Motel

230.4 Apartment Hotel Complex

230.5 Tourist Resort Complex

230.6 Hotel

230.7 Private Hotel

231 Residential Hotel/Motel/Apartment Hotel Units

Subdivided units forming part of a single complex operated as a hotel/motel.

232 Serviced Apartments/Holiday Units

Unit/s within a development used to provide short term accommodation as serviced apartments.

232.1 Unspecified

232.2 Holiday Units

232.3 Serviced Apartments

233 Bed and Breakfast Land developed with short-term accommodation, permitted in serviced rooms for persons away from their normal place of residence.

234 Tourist Park/Caravan Park/Camping Ground

Land registered as a caravan park and developed with cabins, caravan and camping sites, administration/ablution amenities and recreational facilities.

235 Guest Lodge/Back Packers/Bunkhouse/Hostel

Land providing basic, short-term residential accommodation usually with shared bathroom and self-service catering facilities.

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Code Commercial Description

235.1 Unspecified

235.2 Guest Lodge

235.3 Back Packers/ Hostel

235.4 Bunkhouse

236 Ski lodge/ Member facility Land developed with short term accommodation for members or guests of a ski lodge/club.

237 Recreation Camp Land developed with accommodation used by persons or groups for holiday or recreational purposes provided by a commercial operator, e.g. student, youth or family groups.

24 Hospitality

240 Pub/Tavern/Hotel/Licensed Club/Restaurant/Licensed Restaurant/Nightclub

Land licensed to sell liquor but is not permitted to provide gaming facilities. May provide meals, limited accommodation, and/or entertainment.

240.1 Unspecified

240.2 Pub

240.3 Tavern

240.4 Hotel

240.5 Licensed Club

240.6 Restaurant

240.7 Licensed Restaurant

240.8 Nightclub/Cabaret

240.9 Reception/Function Centre

241 Hotel–Gaming Land licensed to sell liquor and is permitted to provide gaming facilities. May provide meals, limited accommodation, and/or entertainment.

242 Club–Gaming – stand alone Land permitted to provide gaming facilities associated with a special purpose organisation, e.g. ethnic club, RSL. Access is normally subject to entry conditions.

243 Member Club Facility Land upon which the use of the facilities are restricted by membership requirements. Entry is not available to non-members. May contain any combination of liquor sales, meals and limited accommodation, e.g. RACV member club, The Australian Club.

244 Casino Land with special operating permit for a large gaming facility.

245 National Company Restaurant Land occupied by a national company and used as a fast food outlet, e.g. KFC, McDonalds.

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Code Commercial Description

246 Kiosk Land developed with a small retail facility commonly found in public areas, e.g. parks, transport hubs.

247 Conference/Convention centre Land developed with purpose built facilities used for conference or convention centre purposes.

25 Entertainment – Cinema, Live Theatre and Amusements (non-sporting)

250 Live Entertainment – Major Multi-Purpose Complex

Land developed with a large purpose-built venue used for a wide variety of live entertainment, e.g. Melbourne Arts Centre.

251 Cinema Complex Land developed as a cinema complex incorporating theatres, either stand alone or within a larger complex.

252 Playhouse/Traditional Theatre Land developed as a theatre, either stand alone or within a larger complex.

253 Drive-In Land with an outdoor movie theatre with drive-in parking facilities.

26 Tourism Facilities/Infrastructure

260 Large Theme Attraction/Park Land developed as a high profile theme park with attractions, e.g. Sovereign Hill, Ballarat.

261 Amusement Park Land developed as purpose built amusement park with limited rides and attractions, e.g. Luna Park, Melbourne.

262 Major Infrastructure Attractions (often associated with a major historic or feature natural location).

Land associated with a major tourist attraction destination, e.g. Penguin Parade at Phillip Island, Otway Fly Treetop Walk.

263 Tourism Infrastructure – Local Attractions

Land associated with a local tourist attraction, e.g. cable cars, water slides, chair lifts, tourist railways.

27 Personal Services

270 Health Surgery Land used by a health practitioner in a stand-alone practice.

271 Health Clinic Land used as consulting suites by health practitioners within an unsubdivided complex, e.g. doctor, chiropractor, dentist, radiologist.

271.1 Unspecified

271.2 Diagnostic Centre/X-Ray

271.3 Medical Centre/Surgery

271.4 Dental Clinic

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Code Commercial Description

271.5 Super Clinic

272 Brothel Land permitted to be used for the business of providing prostitution services.

273 Crematorium/Funeral Services Land that is purpose built for undertaking funeral services.

274 Automatic Teller Machine An ATM facility that is not within or attached to banking premises. Can be standalone or separately occupied.

275 Veterinary Clinic Land used by a veterinary practitioner to treat animals. It may include keeping animals on the premises for treatment or adoption.

28 Vehicle Car Parking, Washing and Sales

280 Ground Level Parking Land used for ground level parking.

281 Multi-Storey Car Park Land developed as a multi-storey car parking facility.

282 Individual Car Park Site A subdivided car park within a commercial property. Can be leased individually or as part of a single complex by a car park operator.

282.1 Unspecified

282.2 Car park – Under Cover

282.3 Car park – Open Air

283 Car Wash Land developed as a purpose built car wash facility. Can be stand alone or part of a larger property.

284 Vehicle Sales Centre Land used for the preparation and display of new or second hand vehicles for sale.

285 Vehicle Rental Centre Land used for the preparation, storage and display of vehicles available for hire.

29 Advertising or Public Information Screens

290 Advertising Sign Land upon which an advertising sign is erected may be stand alone or form part of a larger property.

290.1 Unspecified

290.2 Self-Standing Pole

290.3 Bridge Fixed

290.4 Roof Mounted

290.5 Wall Fixed

293 Electronic Stadium/Street TV Land upon which electronic screen or scoreboard

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Code Commercial Description

Relay Screen/Scoreboard used for the display of live media and information. May be stand alone or form part of a larger property.

Code Industrial Description

30 Industrial Use Development Land

300 Industrial Development Site Vacant land with a permit approved or capable of being developed for industrial use.

301 Vacant Industrial In globo Land Land which is zoned for future industrial subdivision/development.

302 Industrial Airspace Airspace capable of being developed for industrial purposes, usually above a rooftop, roadway, railway.

303 Industrial Land (with buildings which add no value)

Industrial land on which the benefit of works (structures erected) upon it is exhausted.

31 Manufacturing

310 General Purpose Factory Land used for manufacturing, assembly or repairs. May have specialised/purpose built structures.

310.1 Unspecified

310.2 Factory Unit

310.3 Factory

310.4 Garage/Motor Vehicle Repairs

310.5 Office/Factory

310.6 Workshop

311 Food Processing Factory Land developed with purpose built food processing facilities, e.g. cannery, milk production plant.

311.1 Unspecified

311.2 Processing Plant

311.3 Dairy

312 Major Industrial Complex – Special Purpose Improvements

Land developed with purpose built facilities for large scale industrial use, e.g. car plant, paper mills.

32 Warehouse/Distribution/

Storage

320 General Purpose Warehouse Land used for the storage of goods.

320.1 Unspecified

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Code Industrial Description

320.2 Warehouse

320.3 Warehouse/Office

320.4 Warehouse/Factory

320.5 Warehouse/Showroom

320.6 Depot

320.7 Store

321 Open Area Storage Land with extensive hardstand area used for the storage of goods and equipment.

321.1 Unspecified

321.2 Hardstand/Storage Yard

321.3 Wrecking Yard

321.4 Concrete Batching Plant

321.5 Container storage

322 Bulk Grain Storage (structures) Land developed with silos used for the storage of grain.

323 Bulk Grain Storage (earthen walls and flooring - pit bunker)

Land developed with bunkers used for the storage of grain.

324 Bulk Liquid Storage Fuel Depot/Tank Farm

Land developed with tanks for the storage and distribution of bulk liquids, e.g. tank farms, fuel depot.

325 Coolstore/Coldstore Land with a purpose built structure used for the cold storage of perishable products.

326 Works Depot Land developed as a works depot used in conjunction with infrastructure maintenance, e.g. municipal depot.

33 Noxious/Offensive/Dangerous Industry

330 Tannery/Skins Depot and Drying

Land developed for the tanning of skins and hides.

331 Abattoirs Land developed with purpose built structures used for the holding and slaughter of stock and the preparation of meat for the wholesale market.

332 Stock sales yards Land developed with purpose built structures used for the yarding and selling of stock.

333 Rendering Plant Land developed with purpose built structures used for the extraction of lard, tallow, and oil from animal parts.

334 Oil Refinery Land developed with purpose built structures used in the refinement and storage of petroleum products.

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Code Industrial Description

335 Petro-chemical Manufacturing Land developed with purpose built structures used in the production of chemical based products from petroleum.

336 Sawmill Land developed with purpose built structures used for the milling and curing of timber.

Code Extractive Industries Description

40 Extractive industry site with permit or reserve not in use

400 Sand Land permitted to be used, for the extraction of building/manufacture materials (silica).

401 Gravel/Stone Land permitted to be used, for the extraction of materials used for road works/ construction.

402 Manufacturing Materials Land permitted to be used, for the extraction of materials used for manufacturing, such as clay (paper and pottery), Limestone, Dolomite (fertiliser) and Cement/Gypsum (cement).

403 Soil Land permitted to be used, for the extraction of soil.

404 Coal Land permitted to be used, for the extraction of coal.

405 Minerals/Ores Land permitted to be used, for the extraction of various types of minerals and ore.

406 Precious Metals Land permitted to be used, for the extraction of precious metals, e.g. gold, silver.

407 Uranium Land permitted to be used, for the extraction/storage of uranium.

408 Quarry/Mine (open cut) – Exhausted (dry)

Land formerly used for extractive industries whose materials have been exhausted.

409 Quarry/Mine (open cut) – Exhausted (wet)

Land formerly used for extractive industries whose materials have been exhausted and is now inundated with water.

41 Quarry (in use)

410 Sand Land from which sand is being extracted by a licensed operator.

411 Gravel/Stone Land from which stone and gravel are being extracted by a licensed operator.

412 Manufacturing Materials Land from which manufacturing materials, such as clay (paper and pottery), limestone, dolomite

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Code Extractive Industries Description

(fertiliser) and cement/gypsum (cement), are being extracted by a licensed operator.

413 Soil Land from which soil is being extracted for by a licensed operator.

42 Mine (open cut)

420 Black or Brown Coal Land from which black or brown coal are being extracted by a licensed operator.

421 Iron Ore Land from which iron ore is being extracted by a licensed operator.

422 Bauxite Land from which bauxite is being extracted by a licensed operator.

423 Gold Land from which gold is being extracted by a licensed operator.

424 Metals (other than gold) Land from which metals (other than gold) are being extracted by a licensed operator.

425 Precious Stones Land from which precious stones are being extracted for by a licensed operator.

426 Uranium Land from which uranium is being extracted for by a licensed operator.

427 Non Metals (other than Uranium)

Land from which non-metals (other than uranium) being extracted by a licensed operator.

43 Mine (deep shaft)

430 Non-metals Land from which non-metals are being extracted by a licensed operator, from deep underground, by way of an inclined or vertical passageway or shaft equipped with lifting machinery.

431 Black Coal Land from which black coal is being extracted by a licensed operator from deep underground, by way of an inclined or vertical passageway or shaft equipped with lifting machinery.

432 Precious Stones Land from which precious stones are being extracted by a licensed operator from deep underground, by way of an inclined or vertical passageway or shaft equipped with lifting machinery.

433 Gold Land from which gold is being extracted by a licensed operator from deep underground, by way of an inclined or vertical passageway or shaft equipped with lifting machinery.

434 Metals (other than gold) Land from which metals (other than gold) are being extracted by a licensed operator from deep underground, by way of an inclined or vertical passageway or shaft equipped with lifting machinery. Gold may be extracted from ore but it is not the

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Code Extractive Industries Description

principle mining activity.

439 Closed Mine Shaft Land containing a decommissioned mine shaft, where above ground structures may remain.

44 Tailings Dumps

440 Tailings Dump (minerals) Land permitted to be used for the storage/treatment of minerals in tailing dumps and dams.

441 Tailings Dump (non-minerals)

Land permitted to be used for the storage/treatment of non-minerals in tailing dumps and dams.

45 Well/Bore

450 Oil Land containing a narrow hole drilled or dug into the earth for the production oil.

451 Gas Land containing a narrow hole drilled or dug into the earth for the production of natural gas.

452 Water (mineral) Land containing a narrow hole drilled or dug into the earth for the production of water (mineral).

453 Water (stock and domestic) Land containing a narrow hole drilled or dug into the earth for the production of water, for use for stock and domestic purposes.

454 Water (irrigation) Land containing a narrow hole drilled or dug into the earth for the production of water, for use in irrigation.

459 Disused Bore/Well Land containing a narrow hole drilled into the earth that is decommissioned. Above ground structures may remain.

46 Salt Pan (evaporative)

460 Lake – Salt Extraction Land containing a lake from which salt is extracted.

461 Man-made Evaporative Basin

Land containing a man-made evaporative basin from which salt is extracted.

47 Dredging Operations

470 Dredging (minerals) Land on which dredging for the extraction, treatment and restoration of submerged minerals occurs. Usually licensed operations on Crown/State land subject to inundation.

471 Dredging (non-minerals) Land on which dredging for the extraction, treatment and restoration of submerged materials that are not minerals occurs. Usually licensed operations on Crown/State land subject to inundation.

48 Other Unspecified

480 Extractive less than 2 Metres

Land from which material is extracted, that do not exceed 2 metres in depth.

481 Operating mine unspecified Land from which material is extracted, but is not otherwise specified.

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Code Extractive Industries Description

482 Vacant Land mining unspecified

Land from which material has been extracted in the past, that is decommissioned, is vacant land and not otherwise specified.

Code Primary production Description

50 Native Vegetation

500 Vacant Land - Native Vegetation/Bushland

Vacant land that is not cleared with native vegetation coverage typical of the district that is not covered by a covenant or other formal agreement to preserve the vegetation.

501 Vacant Land - Native Vegetation/Bushland with Covenant/Agreement

Vacant land that is not cleared with native vegetation coverage typical of the district, covered by a covenant or other formal agreement to preserve the vegetation.

51 Agriculture Cropping

510 General Cropping Land used for the production of broad-acre crops, e.g. grains, oilseeds and cotton.

510.1 Unspecified

510.2 Crop Production – Mixed/Other

510.3 Crop Production – Other Grains/Oil Seeds

510.4 Crop Production – Wheat

510.5 Crop Production – Fodder Crops

511 Specialised Cropping Land used in the production of broad-acre crops that require a permit, license or specialist infrastructure, e.g. pyrethrum, poppies.

52 Livestock Grazing

520 Domestic Livestock Grazing

Land used for the grazing of domestic livestock.

521 Non-Native Animals Land used for the grazing of specialist/exotic animals.

522 Native Animals Land used for the grazing of native animals.

523 Livestock Production – Sheep

Land developed with specialist infrastructure and used for the farming of sheep.

524 Livestock Production – Beef Cattle

Land developed with specialist infrastructure and used for the farming of beef cattle.

525 Livestock Production – Dairy Cattle

Land developed with specialist infrastructure and used for the farming of dairy cattle.

53 Mixed Farming and Grazing

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Code Primary production Description

530 Mixed farming and grazing Land used for mixed use farming purpose, e.g. cropping and grazing/livestock production.

530.1 Unspecified

530.2 Mixed farming and grazing with infrastructure

530.3 Mixed farming and grazing without infrastructure

54 Livestock – special purpose fencing, pens, cages, yards or shedding, stables

540 Cattle Feed Lot Land developed with specialist infrastructure used for intensive feeding of cattle.

541 Poultry – Open Range Land used for poultry run as free range.

542 Poultry (egg production) Land developed with specialist infrastructure used for egg production.

543 Poultry (broiler production) Land developed with specialist infrastructure used for broiler production.

544 Horse Stud/Training Facilities/Stables

Land developed with specialist infrastructure used as a horse stud farm or horse training facility.

544.1 Unspecified

544.2 Horse Stud

544.3 Training Facilities

544.4 Stables

545 Piggery Land developed with specialist infrastructure for use as a piggery.

546 Kennel/Cattery Land developed with specialist infrastructure for use as a kennel and/or cattery.

55 Horticulture Fruit and Vegetable Crops

550 Market Garden – Vegetables

Land used for the planting of vegetable crops.

551 Orchards, Groves and Plantations

Land used for the planting of trees for the production of fruit and nuts, e.g. olives, stone fruits, tropical fruits, citrus.

56 Horticulture – Special Purpose Structural Improvements

561 Vineyard Land developed with specialist infrastructure to facilitate the growing of grapes.

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Code Primary production Description

562 Plant/Tree Nursery Land used for the propagation, growing and storage of plants.

563 Commercial Flower and Plant Growing – (outdoor)

Land used for the propagation, growing and storage of flowers and plants.

564 Glasshouse Plant/Vegetable Production

Land developed with specialist infrastructure for the indoor propagation and growing of plants and plant crops.

57 Forestry – Commercial Timber Production

570 Softwood Plantation Land used for the growing and harvesting of softwood trees, e.g. Radiata Pine.

571 Hardwood Plantation Land used for the growing and harvesting of hardwood trees, e.g. Blue Gum.

572 Native Hardwood (standing timber)

Land used for the growing and harvesting of native trees within a revegetated area.

58 Aquaculture

580 Oyster Beds Land developed with specialist infrastructure used for the cultivation of oysters.

581 Fish Farming – Sea Water Based

Land developed with specialist infrastructure used for sea-water based fish farming.

582 Yabby Farming Land developed with specialist infrastructure used for yabby farming.

583 Aquaculture Breeding/Research Facilities/ Fish Hatchery

Land upon which special purpose aquaculture breeding and/or research facilities are constructed. Includes the breeding and growing of fish for commercial purposes.

Code Infrastructure and

utilities (industrial) Description

60 Vacant

600 Vacant Land Vacant land reserved or capable of being developed for infrastructure purposes.

601 Unspecified – Transport, Storage, Utilities and Communication

Vacant land reserved or capable of being developed for transportation, storage, utilities and communication uses.

61 Gas or Fuel

610 Wells Land developed with specialist infrastructure used as a gas or fuel well.

611 Production/Refinery Land developed with specialist infrastructure used for the production/refinery of gas or fuel.

612 Storage Land developed with specialist infrastructure used for

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Code Infrastructure and utilities (industrial)

Description

the storage of gas or fuel.

613 Transmission Pipeline (through easements, freehold and public land)

Land developed with specialist infrastructure used for the transmission of gas or fuel including pipelines and pressure control facilities.

614 Distribution/Reticulation Pipelines (through easements, freehold and public land)

Land developed with specialist infrastructure used for the reticulation of gas or fuel for domestic/commercial purposes.

62 Electricity

620 Electricity Power Generators – Fuel Powered (includes brown coal, black coal, natural steam, gas, oil and nuclear)

Land developed with specialist infrastructure used in the generation of fossil fuelled electricity.

621 Hydroelectricity Generation Land developed with specialist infrastructure used in the generation of hydroelectricity.

622 Wind Farm Electricity Generation

Land developed with specialist infrastructure used in the generation of wind powered electricity.

623 Electricity Substation/Terminal

Land developed with specialist infrastructure associated with the reticulation of electricity.

624 Electricity Transmission Lines (through easements, freehold and public land)

Land developed with transmission lines used for electricity transmission.

625 Electricity Distribution/Reticulation Lines (through easements, freehold and public land)

Land developed with specialist infrastructure with a transmission line used for domestic/commercial reticulation.

626 Solar Electricity Generation Land developed with specialist infrastructure used in the generation of solar electricity.

63 Waste Disposal, Treatment and Recycling

630 Refuse Incinerator Land developed with specialist infrastructure used for the incineration of refuse.

631 Refuse Transfer Station Land developed with specialist infrastructure used in the storage and transfer of refuse.

632 Sanitary Land Fill Land permitted to be used for the disposal of household, commercial, industrial and public waste.

633 Refuse Recycling Land developed with specialist infrastructure used in the recycling of refuse.

634 Hazardous Materials/Toxic Storage Centre

Land permitted to be used for the storage of hazardous materials and toxic waste.

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Code Infrastructure and utilities (industrial)

Description

635 Toxic By-product Storage and Decontamination Site

Land permitted to be used for the storage of mining waste.

636 Sewerage/Stormwater Treatment Plant Site

Land developed with specialist infrastructure used in the treatment of sewerage and stormwater.

637 Sewerage/Stormwater Pump Stations

Land developed with specialist infrastructure used in the pumping of sewerage and stormwater.

638 Sewerage/Stormwater Pipelines (through easements, freehold and public land)

Land developed with pipelines or channels used for domestic sewerage or stormwater reticulation.

638.1 Unspecified

638.2 Public Utility – Drainage

638.3 Public Utility – Sewerage

638.4 Reserve for Drainage or Sewerage Purposes

638.5 Retarding Basin

64 Water Supply

640 Water Catchment Area Land used for the purpose of water catchment within a designated water catchment area.

641 Water Catchment Dam/Reservoir

Land developed with specialist infrastructure and used as a dam, weir, storage basin or reservoir for water catchment.

642 Water Storage Dam/Reservoir (Non-Catchment)

Land developed with specialist infrastructure and used as a dam, weir, storage basin or reservoir for water storage.

643 Water Treatment Plant Land developed with specialist infrastructure used for the treatment of water, e.g. desalination plant.

644 Water Storage Tanks, Pressure Control Towers and Pumping Stations.

Land developed with water storage tanks, pressure control towers and pumping stations used for water supply.

645 Major Water Conduits Land developed with canals, flumes, pipes to carry water to power stations, treatment plants and irrigation supply channels used for the supply of water.

646 Water – Urban Distribution Network (through easements, freehold and public land)

Land developed with infrastructure for the domestic reticulation of water.

65 Transport – Road Systems

650 Freeways Land that forms part of a freeway.

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Code Infrastructure and utilities (industrial)

Description

651 Main Highways (including national routes)

Land that forms part of a main highway.

652 Secondary Roads Land that forms part of a secondary road.

653 Suburban and Rural Roads Land that forms part of a suburban or rural road.

654 Closed Roads Land that forms part of a road that is now closed.

655 Reserved Roads Land reserved for future roads.

656 Bus Maintenance Depot Land developed for the parking and maintenance of passenger buses.

657 Bus Interchange Centre/Bus Terminal

Land developed as a bus interchange centre/bus terminal.

658 Designated Bus/Taxi Stops/Stands/Shelters

Land developed as a bus/taxi stop. Includes designated areas, stands and shelters.

659 Weighbridge Land developed with a weighbridge.

66 Transport – Rail and Tramway Systems

660 Railway Line in use Land developed and used as an operating railway line and associated infrastructure.

661 Railway Switching and Marshalling Yards

Land developed and used as a railway switching and marshalling yard.

662 Railway Maintenance Facility

Land developed and used for railway maintenance.

663 Railway Passenger Terminal Facilities (including stations)

Land developed and used as a railway passenger terminal.

664 Railway Freight Terminal Facilities

Land developed and used as a railway freight terminal.

665 Tramway/Light Rail Right of Way and Associated Track Infrastructure

Land developed and used as an operating tram or light rail service and associated infrastructure.

666 Tramway Maintenance /Terminal Storage

Land developed and used for tramway maintenance and terminal facilities.

667 Tram Stopping Facilities Land developed and used for a tram stop. Includes shelters and platforms.

668 Railway/Tramway Line Closed/Unused

Land developed and no longer used for tramways or other related facilities.

67 Transport – Air

670 Airfield (includes associated open space)

Land developed with specialist infrastructure used as an airport capable of handling domestic and/or international services.

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Code Infrastructure and utilities (industrial)

Description

671 Airstrip Land developed with limited infrastructure and used as a local/regional airstrip.

672 Airport Traffic Control Centre

Land developed with specialist infrastructure used and operated as an air traffic control centre.

673 Airport Hangar Building Land developed with specialist infrastructure used for aircraft maintenance and storage.

674 Airport Terminal Building – Passengers

Land developed with specialist infrastructure used in conjunction with airline operations to manage passenger services.

675 Airport Terminal Building – Freight

Land developed with specialist infrastructure used for freight handling services within an airport.

676 Heliport Land developed and used for helicopter landing and parking.

68 Transport – Marine

680 Port Channel Designated channel used as a shipping waterway.

681 Port Dock/Berth Seabed adjoining a wharf and developed with infrastructure used for the berthing of ships.

682 Port Wharf/Pier and Apron – Cargo

Land developed with specialist infrastructure to facilitate the movement of containers and cargo to and from ships.

683 Wharf – Storage Sheds Land developed with enclosed storage facilities within a wharf.

684 Wharf – Passenger Terminal and Ferry Pier Facilities

Land developed with passenger terminals and other facilities within a wharf or pier.

685 Piers, Storages and Slipways

Land developed and used for the maintenance and launching of boats.

686 Ramps and Jetties Land developed with limited infrastructure used for recreational boating purposes.

687 Marinas and Yacht Clubs Land developed with specialist infrastructure used for the wet and dry storage of leisure boats.

688 Dockyard, Dry Dock and/or Ship Building Facility

Land developed with specialist infrastructure used for the repair, maintenance, and construction of ships.

689 Lighthouse and Navigation Aids

Land developed with specialist infrastructure used to assist in sea navigation.

69 Communications, including Print, Post, Telecommunications and Airwave Facilities

690 Post Offices Land used for the collection/ distribution of mail and the sale of products associated with that use.

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Code Infrastructure and utilities (industrial)

Description

691 Postal Exchange/Mail Sorting Centres

Land developed and used for the sorting of mail.

692 Post Boxes Land developed with a single receptacle for the posting of mail.

693 Telecommunication Buildings/Maintenance Depots

Land developed and used for the maintenance of telecommunication installations.

694 Telecommunication Towers and Aerials

Land developed with specialist infrastructure used for the transmission of telecommunication signals. Maybe be stand alone or affixed to buildings.

694.1 Unspecified

694.2 Telecommunication Tower

694.3 Telecommunication Aerial

695 Cable Lines, Conduits and Special Purpose Below Street Level Communication Line Tunnels – not being sewers (through easements, freehold and public land)

Land developed with cable lines, conduits and special purpose, below street level and communication line tunnels used for telecommunication purposes.

696 Television/Radio Station – Purpose Built

Land developed with specialist infrastructure used for the production/ recording of television and radio programs.

697 Printing Works/Press Land developed with specialist infrastructure and used for printing works, e.g. newspaper print, magazines.

698 Telephone Exchange – Purpose Built

Land developed with specialist infrastructure used to facilitate the transmission of telephonics.

Code Community Services Description

70 Vacant or Disused Community Services Site

700 Vacant Health Services Development Site

Vacant land with a permit approved or capable of being developed for health purposes, e.g. hospital site.

701 Vacant Education and Research Development Site

Vacant land with a permit approved or capable of being developed for education purposes, e.g. school/university site.

702 Vacant Justice and Community Protection Development Site

Vacant land with a permit approved or capable of being developed for justice and community protection purposes, e.g. police station, court house.

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Code Community Services Description

703 Vacant Religious Purposes Development Site

Vacant land with a permit approved or capable of being developed for religious purposes, e.g. church, temple, synagogue site.

704 Vacant Community Services Development Site

Vacant land with a permit approved or capable of being developed for community services, e.g. clubrooms.

705 Vacant Government Administration Development Site

Vacant land with a permit approved or capable of being developed for government administration purposes, e.g. civic purposes.

706 Vacant Defence Services Development Site

Vacant land with a permit approved or capable of being developed for defence purposes, e.g. barracks.

707 Cemetery Land permitted to be used as a cemetery.

71 Health

710 Public Hospital Land developed and used as a hospital funded by the government for public patients.

711 Private Hospital Land developed and used as a non-government funded hospital for private patients.

712 Welfare Centre Land developed and used for the purposes of providing welfare services to the community.

713 Community Health Centre Land developed and used as consulting facilities, for a range of public health issues to the wider community.

714 Centre for the Mentally ill Land developed with specialist facilities and used for the treatment of the mentally ill. Includes rehabilitation clinics.

715 Day Care Centre for Children

Land developed and permitted to be used as a day care centre of children by a licensed operator.

72 Education and Research

720 Early Childhood Development Centre – Kindergarten

Land developed and permitted to be used as a funded early education centre for children 3-5 year olds.

720.1 Unspecified

720.2 Early Childhood Development Centre

720.3 Kindergarten

720.4 Pre-School

720.5 Child Welfare and Pre-School

721 Government School Land developed and used in the education of students in a government school operated by the state.

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Code Community Services Description

721.1 Unspecified

721.2 Primary School Land developed and used in the education of students in years

p-6/7.

721.3 Secondary School/College Land developed and used in the education of students in years 7/8-12. Includes trade and technical schools.

721.4 Combined Primary/Secondary

Land developed and used in the education of students in years

p-12.

721.5 Technical School Land developed and used in the education of students in years 7/8-12 for trade and technical purposes.

721.6 Playing Fields and Sporting Facilities

722 School Camps Land developed and used as a camp exclusively for the education of students by a registered education provider.

723 Non-Government School Land developed and used in the education of students in a non-government school operated by a registered education provider.

723.1 Unspecified

723.2 Primary School Land developed and used in the education of students in years

p-6/7.

723.3 Secondary School/College Land developed and used in the education of students in years 7/8-12.

723.4 Combined Primary/Secondary

Land developed and used in the education of students in years

p-12.

723.5 Technical School Land developed and used in the education of students in years 7/8-12 for trade and technical purposes.

723.6 Playing Fields and Sporting Facilities

724 Special Needs School Land developed and used in the education of pupils with special needs by a registered education provider.

725 University Land developed and used in undergraduate and post graduate studies at degree, masters and PhD levels by a registered university.

726 Technical and Further Education

Land developed and used for post-secondary school education and training by a registered education

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Code Community Services Description

provider. Usually aimed at developing specific job core competencies.

727 Research Institute – Public Land developed and used as a research facility by the government.

728 Observatory Land developed with purpose-built infrastructure associated with astronomy and of national scientific importance.

729 Residential College/Quarters - Defence forces

Residential accommodation/quarters for the defence forces.

73 Justice and Community Protection

730 Police Facility Land developed and used as a policing facility, at district/regional/state level.

731 Court Facility Land developed and used as a judicial facility for either a Court or tribunal.

732 Prison/Detention Centre/Gaol Complex/ Corrective Institution

Land developed and used for custodial purposes.

733 Fire Station Facility Land developed and used for the storage of vehicles and equipment for the fighting of fires.

734 Ambulance Station Facility Land developed and used as an ambulance station.

735 Emergency Services Complex

Land developed and used for state emergency services facilities.

736 Community Protection and Services Training Facility

Land developed and used as a specialist facility for the training of fire, police, ambulance, SES and prison personnel.

74 Religious

740 Place of Worship Land developed and used as a place of worship.

741 Religious Hall Land developed and used for the social interaction of people by a religious organisation.

742 Religious Residence Land developed and used as a dwelling by an ordained member/members of a religious order, as part of administering their religious duties.

743 Religious Study Centre Land developed and used as a religious study centre.

75 Community Service and Sporting Clubrooms and Halls

750 Halls and Service Clubrooms

Land developed and used as an occasional meeting place by community based groups or clubs.

751 Rural and Community Camps

Land developed with accommodation used by persons or groups for short term

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Code Community Services Description

recreation/training/education purposes by a community service provider e.g. scout camp.

752 Community Facility Land developed and used as a meeting place by groups involved in community interests, e.g. neighbour centre.

76 Government Administration

760 Parliament House Land developed and used by government as a house of parliament.

761 Government House Land developed and used as a residence by a governor of a state or the Commonwealth.

762 Local Government Land developed and used for the administration of local government.

763 Civic Buildings Land developed and used by local government for civic purposes.

77 Defence Services/Military Base

770 Army Barracks/Administration Base

Land developed and used for the administration of the armed forces.

771 Army Maintenance Depots Land developed and used by the army for the storage and maintenance of equipment and infrastructure.

772 Army Field Camps and Firing Ranges

Land developed and used by the army as field camps and for firearms training/practice.

773 Naval Base/Administration Base

Land developed and used for the administration of the naval forces.

774 Naval Specialised Facilities – Ground Based

Land developed with specialised infrastructure for use by the navy, e.g. storage, maintenance and training.

775 Naval Specialised Facilities – Water Based

Land developed with specialised infrastructure associated with the berthing of navy vessels, e.g. wharves, dry docks.

776 Air Force Base/Administration

Land developed and used for the administration of the Air forces.

777 Airstrip and Specialised Facilities

Land developed with specialised infrastructure associated with an airbase used by the Air Force, e.g. airfields, hangars, storage and maintenance.

778 Munitions Storage Facility Land developed and used the defence forces for the storage of explosives, ammunition and bombs.

78 Other Community service facilities

780 Public Conveniences Land developed and used as a public convenience, e.g. public toilet block.

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Code Community Services Description

781 Unspecified – Public, Education and Health Improved

Land developed and used for the provision of education and health to the public by community service groups.

782 Unspecified – Public, Education and Health vacant

Vacant land with a permit approved or capable of being developed for public education and health services.

783 Animal shelter Land developed and used as an animal welfare shelter by a community service group. May include keeping the animals on the premises for treatment or adoption

80 Vacant Land

800 Vacant Site – Sporting Use Vacant land with a permit approved or capable of being developed for sporting use.

801 Vacant Site – Heritage Application

Vacant land designated and zoned for heritage purposes, e.g. historic precinct, heritage landscape.

802 Vacant Site – Cultural Use Vacant land designated and zoned for cultural purposes.

81 State/Regional Sports Complex

810 Major Sports Complex Land developed with specialised infrastructure used as a major sporting facility for commercial purposes, e.g. MCG.

811 Major Indoor Sports Complex

Land developed with specialised infrastructure used as an indoor sporting facility for commercial purposes, e.g. Rod Laver Arena.

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Code Sport, Heritage and

Culture Description

812 Outdoor\Indoor Sports Complex - non major

Land developed and used as a state or regional sports facility with limited commercial application, e.g. Velodrome, Netball Hockey centre.

813 Outdoor Sports – Extended Areas/Cross Country

Land developed with specialist infrastructure over extended open areas used for recreational/sporting activities, e.g. member facility golf course, polo fields.

814 Aquatic Complex Land developed with specialised infrastructure used as an aquatic complex for water sports.

815 Water Sports – Outdoor Land developed with specialised infrastructure used for open air water sports, e.g. rowing.

816 Motor Racing Tracks/Speedways

Land developed with specialised infrastructure used for motor sports.

817 Racecourse/Tracks Land developed with specialised infrastructure used for horse, greyhound, or harness racing, e.g. Flemington, Randwick.

818 Ski Fields Land developed with specialised infrastructure used as a ski area for commercial purposes. Includes a field, run, trail or course prepared for the purpose of alpine recreation.

82 Local Sporting Facilities

820 Indoor Sports Centre Land developed and used as a local indoor recreational facility.

820.1 Unspecified

820.2 Squash Courts

820.3 Gymnasium/Health Club

820.4 Indoor Sports Complex

820.5 Bowling Alley

821 Outdoor Sports Grounds town or suburban facilities

Land developed and used as a local outdoor recreation facility.

821.1 Unspecified

821.2 Tennis Club

821.3 Bowling Club

821.4 Outdoor Park and Facilities

822 Outdoor Sports – Extended Areas/Cross Country

Land developed with specialist infrastructure over extended open areas used for local recreational/sporting activities, e.g. municipal golf course.

823 Swimming Pools/Aquatic Centres

Land developed with specialised infrastructure used as a local aquatic complex for water sports, e.g.

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Code Sport, Heritage and Culture

Description

municipal swimming centre.

824 Water Sports – Outdoor Land developed with specialised infrastructure used for local open air water sports, e.g. rowing.

825 Motor Race Tracks/Speedways

Land developed with specialised infrastructure used for local motor sports.

826 Aero Club Facility Land used by aero clubs for flying pursuits. May include aircraft hangers.

827 Ski Fields Land developed with limited infrastructure and used for recreational alpine pursuits. Limited commercial application.

828 Equestrian Centre Land developed with specialised infrastructure used for the grooming and showing of horses.

829 Bike Track/Walking Trails Land designated as a bike track/walking trail.

83 National/State Cultural Heritage Centres

830 Library/Archives Land developed and used as a library or archival facility with state or national significance.

831 Museum/Art Gallery Land developed and used as a Museum/Art Gallery with state or national significance.

832 Cultural Heritage Centre Land developed and used as a cultural heritage centre with state or national significance.

833 Wildlife Zoo Land developed and used as zoological gardens with state or national significance.

834 Aquarium Land developed and used as an aquarium with state or national significance.

835 Botanical Gardens Land developed and used as botanical gardens with state or national significance.

836 Monument/Memorial Land developed and used as a monument/memorial with state or national significance, e.g. Shrine of Remembrance.

837 Culture, recreation and sport

Land developed and used as a culture, recreation and sport centre with state or national significance.

84 Local Cultural Heritage Sites, Memorials and Monuments

840 Library/Archives Land developed and used as a library or archival facility with local significance.

841 Museum/Art Gallery Land developed and used as a Museum/Art Gallery with local significance.

842 Cultural Heritage Centre Land developed and used as a cultural heritage centre with local significance.

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Code Sport, Heritage and Culture

Description

843 Wildlife Zoo/Park/Aquarium Land developed and used as a wildlife zoo/aquarium with local significance.

844 Parks and Gardens Land developed and used as parks and gardens with local significance.

845 Monument/Memorial Land developed and used as a monument/memorial with local significance.

85 Local Recreation - Other

850 Bathing Boxes Land developed on the foreshore and used as a bathing box for recreational purposes.

851 Boat Sheds Land developed on the foreshore and used as a boat shed for recreational purposes.

Code National parks,

conservation areas, forest reserves and natural water reserves

Description

90 Reserved Land

900 Vacant Land Vacant land with special conservation values designated but not proclaimed as a reserve.

91 Nature Reserve

910 Nature Reserve Land designated and proclaimed as a nature reserve.

92 Wilderness Area

920 World Heritage Area Land designated and proclaimed as a world heritage area. Recognised internationally for its unique wilderness values.

921 Local Wilderness Area Land designated and recognised as a local wilderness area.

93 National Park (Land and Marine)

930 National Park – Land Land designated and proclaimed as a national park.

931 National Park – Marine Land designated and proclaimed as a national marine park.

94 Natural Monument/Feature

940 Natural Monument – Land Land recognised for its renowned features/scenic/natural/cultural values, e.g. Three Sisters.

941 Natural Monument – Marine

Land recognised for its marine features/scenic/cultural values, e.g. Twelve Apostles – Victoria.

95 Natural Forests and

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Code National parks, conservation areas, forest reserves and natural water reserves

Description

Forest Reserves

950 Forest Reserves – Public Public land reserved for the preservation or protection of aesthetic, scientific, flora or fauna values.

951 Forest Reserves – Private Private land reserved for the preservation or protection of aesthetic, scientific, flora or fauna values.

96 Conservation Area

960 Conservation Area – Public Public land predominantly in a natural state designated as a conservation area.

961 Conservation Area – Private

Private land predominantly in a natural state designated as a conservation area.

97 Protected Landscape/Seascape

970 Protected Landscape – Public

Public land designated as a protected landscape recognised for its natural and cultural values.

971 Protected Landscape – Private

Private land designated as a protected landscape recognised for its natural and cultural values.

972 Protected Seascape – Public

Public land designated as a protected seascape recognised for its natural and cultural values.

973 Protected Seascape – Private

Private land designated as a protected seascape recognised for its natural and cultural values.

98 Wetlands

980 River Reserve (fresh water)

Land designated as a freshwater river reserve, usually with all year round flows.

981 Creek Reserve (fresh water)

Land designated as a fresh water creek reserve with intermittent flows and tides.

982 River Reserve (salt water) Land designated as a salt water river reserve, usually with all year round flows.

983 Creek Reserve (salt water) Land designated as a salt water creek reserve with intermittent flows and tides.

984 Floodway Reserve Land designated as a floodway reserve.

985 Fresh Water Lake Reserve Land designated as a fresh water lake reserve that usually holds water all year round.

986 Salt Water Lake Reserve Land designated as a salt water lake reserve and is not used for commercial salt extraction.

987 Inland Low Lying Tidal Estuary Wetlands Reserve

Land designated as a wetlands reserve associated with enclosed bays/salt water river estuary.

988 Seabed – Open Open sea below high water mark, not being a marine

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Code National parks, conservation areas, forest reserves and natural water reserves

Description

Sea/Ocean/Bays park.

99 Game/Fauna Reserves

990 Game Reserve – Public Public land designated as a game reserve. Hunting of game may be permitted.

991 Game Reserve – Private Private land designated as a game reserve. Hunting of game may be permitted.

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Code Non-active assessments

and header records Description

1 Cancelled/Historic/Non-Active Assessments

Land not requiring an active assessment or record for rate, tax or levy purposes.

10 Cancelled Assessment/Historic

11 Unspecified – Cancelled or Non-Active Assessment

12 Department of Housing transfer

13 Time Share

14 Nils and wills

15 Non Assessed Inappropriate subdivision/ abandoned Land

Vacant lot/s or remnant land that cannot be legally used, occupied and developed due to the effect of any Act or planning control/s. Lot/s are usually subject to restructuring through planning mechanisms, or a buy back scheme.

2 Mastercard/Header/Parent Assessment

An assessment created for apportionment purposes. Not subject to a valuation notice.

20 Mastercard/Header/Parent Assessment – Residential

21 Mastercard/Header/Parent Assessment – Commercial

22 Mastercard/Header/Parent Assessment – Retail

23 Mastercard/Header/Parent Assessment – Industrial

24 Mastercard/Header/Parent Assessment – Rural

25 Mastercard/Header/Parent Assessment – Other

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APPENDIX B – TRACKING GRAPHS

A tracking graph represents sales as a ratio of the sale price to a prior valuation. The purpose of a tracking graph is to monitor value shift trends against the previous revaluation. They indicate the degree of market movement within a sub-market group (SMG) or group of SMGs, and illustrate the consistency of the previous valuation, and/or the consistency with which the market characteristics of property types are changing.

The information that can be obtained from a tracking graph includes:

whether the previous valuation was under or over market

whether prices are increasing or decreasing relative to the previous revaluation

identifying isolated outlier sales where the sale price is very different to the previous valuation

identifying patterns of outliers, groups of particular property types that are exhibiting different market characteristics to other properties within the SMG

comparing SMGs to assess those that are more volatile (likely to experience large increase or decrease in value over the revaluation period)

quantifying percent change in values over a period of time

ensuring that applied values have captured the market adequately.

The tracking graph provides a visual example of the consistency of sales to valuations. A useful property of the graph is the ability to determine the change over a period of time. This can be seen in percentage terms by reading the points at which the trend line starts and ends. Comparison of the change between SMGs assists in project planning of revaluations, as stable or unchanging SMGs can be valued early in the revaluation process.

Constructing a Tracking Graph

Figure B1. Line graph of tracking ratios with trend line overlaid.

0.800.850.900.951.001.051.101.151.201.251.301.351.401.451.50

Jan-

14

Feb

-14

Mar

-14

Apr

-14

May

-14

Jun-

14

Jul-1

4

Aug

-14

Sep

-14

Oct

-14

Nov

-14

Tra

ckin

g R

atio

Sales Date

Example Tracking Graph - SMG X

This property sold in mid-August 2014 and has a tracking ratio of 1.45. This means the sale price is 1.45 * 2014 CIV.

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Collate all sales from 1 January 2014 up to the analysis date1.

Calculate a tracking ratio using Sale Price 2014 CIV

Produce a line graph with sale date on the x-axis (horizontal axis) and tracking ratio on the y-axis (vertical axis). Add a trend line to the graph. This will give you an idea of the market movement since the last revaluation.

In the example above, the graph shows approximately 8 per cent increase in sale prices over one year; i.e. 8 per cent is the difference between the start and end point of the trend line. In this example, 1.16 less 1.08 representing an 8 per cent market shift.

Some of the characteristics of the graph in Figure B1 include the following:

the start of the trend line at 1.08 instead of closer to 1.0 indicates slight under-valuation of 2014 values

eleven (11) sales have come in at less than the 2014 valuations (tracking ratios < 1.0,) –these should be checked for similar characteristics

seven (7) sales have come in more than 30 per cent higher than the 2014 valuation (tracking ratios>1.30) – these should be checked for common characteristics

sales that would require checking (physical inspection to determine whether data elements have changed) include the outliers at 0.87 (in April 2014), 1.45 (in August 2014), and 1.42 (in December 2014).

The tracking graph can identify certain types of properties that may require data update, or allocation to a different SMG.

Tracking Graph for Stage 1

Stage 1 focuses on preparation and planning for the 2016 revaluation and the tracking graph is a tool for confirming SMG composition and homogeneity, and an indicator of problem areas in the 2014 revaluation. The following processes are recommended for using the tracking graph at Stage 1.

Look at the outliers (extreme highs and lows) on the graph.

If the outliers represent sales that can be validly excluded due to being a non-arm’s length sale then it is appropriate that they be removed from the tracking graph.

If the outliers represent arm’s length sales that appear ‘high’ or ‘low’ they are to be retained in the tracking graph as this in not a valid reason to exclude a sale. It is recommended these outliers be investigated to check that data elements are correct.

Sales comprising multiple assessments are to be analysed against the header assessment value and therefore not be treated as an excluded sale.

Look for clustering of ratios away from the trend line.

1 It is expected that the Stage 1 submission will contain all available sales up to within 30 days of the submission date.

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If a SMG is relatively homogeneous, the majority of ratios should fall close to the trend line. If a number of ratios deviate significantly from the trend line, check these for common characteristics that may indicate these properties belong in a separate SMG, or if remaining in the same SMG, check for valuation/data problems (e.g. view data element not captured).

In Figure B1, for example, the 11 properties that sold for less than the 2014 valuation may be small houses on standard-size blocks. The eight properties that sold for more than 30 per cent above the 2014 valuation may be very large houses on standard-size blocks. This would indicate slight over-valuation of small dwellings and under-valuation of large dwellings, pointing to a problem with the building area matrix.

Clusters away from the trend line may also be caused by changes in the market. For example, certain characteristics such as mountain views, style of house, or proximity to schools, becoming ‘in demand’. This would be demonstrated by these properties selling at higher prices, and clustering above the trend line on the tracking graph. They could form a new SMG, or factors could be introduced into the valuation look-up tables to address the ‘in demand’ characteristics.

Is there a particular type of property displaying distinct behaviour?

If a group of similar properties within a SMG is exhibiting a different growth pattern to the rest of the group, it should form a separate SMG. When looking at several SMGs, it may become apparent that a very small SMG is showing similar growth patterns to another, and it may be justifiable, if the property types match, to merge the two.

What does the trend line indicate?

The start point of the trend line provides an indication of under- or over-valuation of the previous revaluation. If the trend line starts above 1.0, it indicates previous under-valuation. If below 1.0, it indicates over-valuation of the previous revaluation.

The end point of the trend line indicates the level of change required to fully capture the market.

For each SMG, evaluate the percentage change in market level since the last revaluation by taking the start point of the trend line at 1 January 2014, and looking at the position of the trend line at the analysis date.

Sort the SMGs in order of percentage change per annum and transfer the top 5 to the Stage 1 report. SMGs with low percentage change and consistent tracking ratios (most ratios close to the trend line) may require little rework in the course of the 2016 revaluation.

The Coefficient of Dispersion (COD – calculation is explained in Appendix C) will assist in quantifying the consistency of tracking ratios within each SMG.

Rank the SMGs according to the COD – SMGs that have a high COD may require reconfiguration because a high COD indicates large variation in tracking ratios. Low CODs indicate the SMG composition is likely to be satisfactory.

These rankings assist in prioritising SMGs for inspection and planning the timing of revaluation for each SMG. It is recommended that stable and unchanging SMGs be valued early in the revaluation process.

Tracking Graph for Stages 2, 3 and 4

While the tracking graph is used for planning purposes at Stage 1; in Stages 2, 3 and 4, the graph is useful for confirming the changes in value applied to each SMG.

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Add sales that have occurred between the analysis date for Stage 1 and the current nominated date. Remember that for measuring market movement from the previous prescribed date

(1 January 2014), the tracking ratio is calculated as:

Sale Price 2014 CIV

At Stages 2, 3 and 4, the movement exhibited by the trend line should reflect the change in valuations from 2012 to the nominated date for preliminary or final valuations.

Figure B2. Line graph of tracking ratios with trend line overlaid. Stage 2 example. In the Figure B2 example, sales from January 2014 to November 2014 are used. This would correspond to a Stage 2 submission date in December 2014 or January 2015. The trend line on the graph indicates that the market increase in this SMG is around 7 per cent (trend line starts at 1.10 and ends at 1.17).

The Stage 2 valuations are expected to show an average increase of 17 per cent (10 per cent under-valuation plus 7 per cent market increase). Generally a 10 per cent deviation between the average change in CIV and change indicated by the trend line is acceptable.

In developing SMGs where there are many sales of vacant land that have improvements at the time of valuation, it is recommended that the tracking ratio be modified to reflect the land sale, i.e. Sale Price/2014 Site Value. Otherwise these will show up as very low tracking ratios in the graph.

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The start point of the trend line at 1.08 indicates the previous valuation was 8 per cent below market.

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Figure B3. Line graph of tracking ratios with trend line overlaid – Stage 4 example.

At Stage 4, the graph includes all sales analysed up to and beyond the prescribed date of 1 January 2016. The market has continued to increase slightly, and the trend line ends at 1.20 in January. The final valuations for this SMG would show an average increase in CIV (2014–2016) of around 20 per cent to fully capture the market.

Note: The start point of the trend line indicates the level of the 2014 valuations (whether they were under- or over-valued). However, if the applied value shift is equal to the end point of the trend line, any under- or over-valuation in the previous revaluation, will have been corrected.

Tracking graphs for commercial and industrial SMGs are required at Stage 3B. Non-residential SMGs tend to be more variable when displayed on a tracking graph.

An example of an industrial SMG is shown in Figure B4, which shows no market change over the revaluation period (trend line is level); however, this is the result of high and low tracking ratios balancing out. An interesting characteristic of the graph is the position of the trend line at 1.35, indicating that the previous valuations were well under market. An average increase of 35 per cent is required to bring the industrial values up to market level.

Figure B4. Line graph of tracking ratios with trend line overlaid – Stage 3 example.

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APPENDIX C – SALES RATIO STATISTICS

Sales ratios are a means of comparing valuations with sales. Various statistics based on sales ratios provide measures of valuation accuracy and consistency. This appendix will explain the different ratio statistics, how they are calculated and interpreted, and what tolerances are applied to the statistics.

Sales Ratio Statistics

A sales ratio for a sale property is calculated by dividing the proposed Capital Improved Value (CIV) by the sale price.

Proposed CIV (2016 level) Sale Price

When a number of sales are available, the statistics shown in Table C1 provide a useful summary of the sales ratios.

Table C1: Basic Sales Ratio Statistics

Median sales ratio

MSR

mid-point of ratios when sorted from lowest to highest value

Coefficient of Dispersion COD

Average Absolute Deviation x 100

Median Sales Ratio1

Coefficient of Variation

COV

Standard Deviation of Sales Ratios

Average Sales Ratio

Price Related Differential

PRD

Average Sales Ratio Weighted Average

The median sales ratio (MSR) is the mid-point of a group of ratios, when they are sorted from lowest to highest value.

The median provides an indication of accuracy of valuations relative to sale prices. The MSR has a tolerance of 0.90 to 1.0 (0.85 to 1.0 for Stage 3B). If the median falls outside this range, it indicates that the majority of sales are more than 10 per cent under- or over-valued.

The Coefficient of Dispersion (COD) is a measure of variability of sales ratios.

It requires the calculation of the average absolute deviation of sales ratios from the median value (see Table C.2), and the median sales ratio. The COD has a tolerance of 10.0 for Stages 2 and 4, and 15.0 for Stages 1 and 3.

The Coefficient of Variation (COV) is also a measure of variability of sales ratios.

1 When calculating a COD at Stage 1, sales ratios are replaced by tracking ratios. The COD becomes the average absolute deviation (calculated from tracking ratios), divided by the median tracking ratio.

x 100

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It requires the calculation of the standard deviation of sales ratios from the average value (see Table C.2), and the average sales ratio. The COV does not have a tolerance – it is used to establish whether the distribution of sales ratios is normal. This is important if more advanced statistics (such as confidence intervals or standard deviations) are going to be used. A normal distribution is indicated by:

COV approximates 1.25 * COD

The Price Related Differential (PRD) is a measure of equity.

It requires the calculation of the average sales ratio and the weighted average of the ratios (see Table C2). The PRD has a tolerance of 0.98 to 1.03 for Stages 2 and 4. The PRD identifies whether high value properties within a SMG are valued differently to low value properties.

Table C2: Secondary Statistics (required to calculate statistics in Table C1)

Average absolute deviation

2Sum of ( |sales ratio – median sales ratio| )

Number of Sales Ratios

Average sales ratio

Sum of Sales Ratios

Number of Sales Ratios

Standard deviation

Sum of ( (sales ratio – average sales ratio)2 )

Number of Sales Ratios –1

Weighted average

Sum of CIVs

Sum of Sale Prices

Variations from the Basic Sales Ratio Statistics

Table C3 provides a list of statistics that are required at various stages of the revaluation that are a variation on the basic sales ratios.

Appendix B discusses tracking graphs, which are based on tracking ratios. These are a variation on the basic sales ratio and are required at Stage 1 of the revaluation process in order to measure sales against ‘old’ valuations. While tracking ratios do not have a tolerance, it is recommended that properties with very high or low ratios (on arm’s length, market sales) be physically inspected to update data elements.

Site value sales ratios, which are required at Stage 3B (commercial/industrial valuations), look at the proposed site value compared with the ‘land component’ of the sale that has been derived by the valuer in their ‘sales analysis’.

The tolerance for the median SVSR is 0.90 to 1.0. This means that the site value applied to a sale property is within 10 per cent of the land value indicated in the valuer's sales analysis.

The rental ratio follows a similar concept to sales ratios but is based on analysed leases (commercial/industrial properties).

2 The | | brackets indicate the sign (positive or negative) of the result is ignored

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A tolerance of 0.90 to 1.10 applies to the median rental ratio within each commercial/industrial SMG. This indicates that the majority of properties should have applied rents that are within 10 per cent of the analysed rents. This test aims to give valuers confidence that the applied net rent is supported by market evidence.

Table C3: Variations on Basic Sales Ratios

Tracking ratio

TR

Sale Price 2014 CIV

Site Value sales ratio SVSR

2016 Site Value

(Sale Price – (2016 CIV – 2016 SV))

Rental Ratio

RR

Applied Net Rent

Analysed Net Rent (Lease Analysis)

Tolerances for Sales and Rental Ratio Statistics

The statistical outputs required for each stage are summarised in Part D.

Table C4 lists the statistics required at the various stages and the applicable tolerances. Further information about the tolerances is provided below.

Table C4: Tolerances for Ratio Statistics

Statistic Stage Tolerance

Median sales ratio

Stage 2 and 4 Stage 3B

0.90 to 1.00 0.85 to 1.00

Tracking ratio (individual)

Stage 1

Outlier Indicator

Median Tracking ratio

> +/- 10 per cent

Median Site Value sales ratio

Stage 3B

0.90 to 1.00

Coefficient of Dispersion

Stage 2 and 4

Stage 1 and 3B

< 10.0

< 15.0

Price Related Differential

Stages 2 and 4

0.98 to 1.03

Median Rental Ratio

Stage 3B

0.85 to 1.00

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Selection of Sale Period for Sales Ratio Statistics

The time period from which sales are selected for inclusion in sales ratio statistics depends on the number of sales available and the quantum of market shift (derived from the tracking graph) and will vary across regions and property types. Generally, the sale period should be as short as possible and, ideally, less than one year.

It is recommended that sales after the relevant date (for Stages 3 and 4), be included in statistics, even if they have not been used in the sales analysis, as these ‘non-analysed’ sales provide independent evidence of valuation accuracy.

Median Sales Ratios at Stage 2, 3B and 4

What to do if the median sales ratio < 0.90 at Stages 2 or 4, or < 0.85 at Stage 3B

A median sales ratio < 0.90 or 0.85 indicates under-valuation of the SMG.

o If the COD > 10.0 (or 15.0 for Stage 3B), remove outliers and recalculate COD. If still above tolerance, fix the SMG composition before taking action on levels of value.

o If the COD < 10.0 (or 15.0 for Stage 3B), increasing levels where required will bring CIVs closer to market level and enable the statistical tolerances to be met.

What to do if the median sales ratio > 1.0

A median sales ratio > 1.0 indicates over-valuation of the SMG.

o If the COD > 10.0 (or 15.0 for Stage 3), remove outliers and recalculate COD. If still above tolerance, fix the SMG composition before taking action on levels of value.

o If the COD < 10.0(or 15.0 for Stage 3), decreasing levels – where required – will bring CIVs closer to market level and enable the statistical tolerances to be met.

Tracking Ratios at Stage 1

The tolerance level of tracking ratios is +/- 10 per cent of the median.

Any outlier’s arm’s length sales outside this range should be investigated to review or correct the data on these properties.

Median Site Value Sales Ratios at Stage 3B

What to do if the median SVSR < 0.90 or > 1.0

A median sales ratio < 0.90 indicates under-valuation of land values within the SMG.

A median sales ratio > 1.0 indicates over-valuation of land values.

Ensure the analysis of sales to derive site value and the application of site values is consistent.

Coefficient of Dispersion

While only an upper limit is specified as a COD tolerance, very low dispersion values may indicate ‘sale chasing’. For example, a COD of 2.0 indicates that average deviation of sales

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from valuations is 2 per cent. The individual ratios within such a sample would all be very close to 0.98.

What to do if the COD > 10.0 (Stage 2 or 4) or > 15.0 at Stage 1 or 3B

Check for outliers – the COD is sensitive to extreme high or low sales ratios. Any arm’s length sales that are outliers should be further investigated to review and amend the data/valuation model, as required.

Check that the composition of the SMG is sufficiently homogeneous – if there are certain types of properties that exhibit different behaviour to the rest of the SMG, separate them (remove them from the sales ratio group) and recalculate the statistics. If the resulting COD is less than 10.0, it indicates that the SMG will be improved by moving those assessments into a new or more appropriate SMG.

Price Related Differential

What to do if the PRD < 0.98

If the PRD is less than 0.98, the valuations are progressive.

High value properties are overvalued in relation to low value properties.

OR

Low value properties are undervalued in relation to high value properties.

To identify where the problem may lie, sort the properties by CIV and check the valuations of the highest and lowest value properties. Quartiles are useful in this instance, by calculating the median sales ratio of the top and bottom, CIV quartiles can identify whether it is the high value properties that are overvalued, or the low value properties that are undervalued.

Any inequity found may be solved by correcting data errors, amending matrices or by restructuring the SMG.

What to do if the PRD > 1.03

If the PRD is greater than 1.03, the valuations are regressive.

High value properties are undervalued in relation to low value properties.

OR

Low value properties are overvalued in relation to high value properties.

Sort the properties by CIV and check the valuations of the highest and lowest value properties, as described above for progressive valuations.

Rental Ratios at Stage 3B

What to do if the median rental ratio < 0.85 or > 1.0

A median ratio of less than 0.85 indicates the applied rents are below the market while a median ratio of greater than 1.0 indicates the applied rents are above market.

If the median rental ratio is outside the tolerances, review market rents used and amend the data on these properties as required.

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Sales Ratio Statistical Outputs per Stage

Table C5: Statistical Outputs per Stage

Stage 1

Median Tracking Ratio Coefficient of Dispersion (COD)

Stage 2

Median Sales Ratio (MSR)

Coefficient of Dispersion (COD) Price Related Differential (PRD)

Stage 3A

No sales ratio statistics required

Stage 3B

Median Sales Ratio (MSR)

Coefficient of Dispersion (COD) Median Site Value Sales Ratio

Median Rental Ratio

Stage 4

Median Sales Ratio (MSR) Coefficient of Dispersion (COD) Price Related Differential (PRD)

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APPENDIX D – VALUE SHIFT STATISTICS

Value shift statistics summarise the changes that have occurred between two revaluations. They are based on averages and, as such, are affected by outliers.

This appendix explains the calculation of value shifts, the tolerances that apply, methods for removing outliers and the outputs required for each stage.

Calculation of Value Shift Statistics

Table D1: Calculation of Value Shifts

Change in Site Value

Proposed SV (2016 level) Previous SV (2014 level)

Change in Capital Improved Value

Proposed CIV (2016 level) Previous CIV (2014 level)

Change in Net Annual Value

Proposed NAV (2016 level) Previous NAV (2014 level)

Change in Added Value of Detached Homes (AVPCC 110) and

Residential Rural/Rural Lifestyle (AVPCC 117) 2

CIV2016 – SV2016 CIV2014 – SV2014

By subtracting 1 and multiplying by 100, the result is represented as a percentage, with a negative result denoting a decrease in value and a positive result denoting an increase in value.

A value shift is produced for each assessment that has valid values in both 2014 and 2016. These are summarised by calculating an average per SMG.

Average values are affected by outliers so it is necessary to identify and remove unrepresentative value shifts (e.g., where the nature of the property has changed between valuations and a supplementary valuation has not yet been performed). Outliers are discussed in Part D of this appendix.

2 In undertaking the certification, VGV will utilise the Change in Added Value statistic against all property types (inclusive of stage 3) in order to help determine the appropriateness of analysis and application.

-1 x 100

-1 x 100

-1 x 100

-1 x 100

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Value Shift Stage Outputs and Tolerances Table D2: Stage Outputs

Stage 2 (per SMG) and Stage 4 (per SMG)

Average Change in SV for sale properties Average Change in SV for non-sale properties Average Change in CIV for sale properties Average Change in CIV for non-sale properties Average Change in Added value of Detached Houses

(AVPCC 110) for sale properties Average Change in Added value of Detached Houses

(AVPCC 110) for non-sale properties

Stage 3A

Individual value shifts only

Stage 3B (per SMG) Average Change in SV for sale properties

Average Change in SV for non-sale properties Average Change in CIV for sale properties Average Change in CIV for non-sale properties Average Change in NAV for analysed leases Average Change in NAV for non-analysed leases

Looking at average changes for sold and unsold properties separately indicates whether all properties have been valued in the same way. It may identify ‘sale chasing’, where there are large differences in the average value change between sold and unsold properties.

Sale properties include all sales used in the sales ratio statistics at Stage 2, 3B and 4. Any unrepresentative percentage changes should be excluded (where the nature of the assessment in 2014 is different to 2016, e.g. if improvements have been made). The reason for exclusion must be provided.

At Stage 3B, ‘analysed leases’ refer to leased properties where rental data has been analysed to a ‘net rent’ and used to set rental levels.

The tolerance for comparative statistics at each stage is < 10 per cent. There is no tolerance for the change in Added value of Detached Houses (AVPCC 110).

Table D3: Value Shift Tolerances

Stage 2 (per SMG) And Stage 4 (per SMG)

Difference between average percentage change in SV for sold versus unsold < 10 per cent Difference between average percentage change in CIV for sold versus unsold < 10 per cent

Stage 3B (per SMG) Difference between average percentage change in SV for sold versus unsold < 10% Difference between average percentage change in CIV for sold versus unsold < 10% Difference between average percentage change in NAV for leased versus other < 10 per cent

If the difference is greater than 10 per cent

Check for outliers.

Check that the same methodology has been applied to sold and unsold properties.

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Use in conjunction with median price graphs to check that sale properties are representative of the property types in the SMG.

Check the consistency of data between sold and unsold properties. Further inspections may be required to upgrade deficient data.

Median Price Graphs

Median price graphs represent the median CIV for sale and non-sale properties within a SMG, and compare them with the median sale price. For SMGs with a sufficient number of sales (greater than 10), a column graph is constructed as in Figure D.1.

The first column in each group represents the median CIV of the sold properties.

The second column is the median sale price for sales within each SMG.

The third column represents the median CIV of the unsold properties in the SMG.

The difference between the median CIV for sold properties and the median sale price should correspond to the median sales ratio provided with the sales ratio statistics. Where there is a large difference between the median CIV for sale properties and median CIV for non-sales, the value shift statistics will be justifiably affected.

Figure D1. Column graph of median CIV (sold and unsold properties) compared with median sale price, for 10 SMGs. In the above example, SMGs 1, 2, 3, 4, 8 and 9 demonstrate consistency between sale price and CIV for sold and unsold properties.

In SMG 5, the median CIV for sale properties is much higher than the median sale price, indicating over-valuation. The median CIV for non-sale properties is very different to the sales sample, indicating that the sales are not representative of the property types within the SMG.

Median CIV vs Median sale price

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In SMG 10, the higher median CIV for non-sale properties suggests that the sales are not representative of all property types in the SMG. The properties that have sold are of lower value (poorer quality properties or vacant land).

Removal of Outliers

To make the comparison between sold and unsold properties more robust, it is recommended that outliers be removed. This can be done via the ‘quartile method’ or ‘standard deviation’ method.

The median percentage change will also indicate whether outliers are affecting the results. If there is more than 5 per cent difference between the median and average values, the average percentage change is likely to be skewed by extreme high or low percent changes.

The same process can be applied to any sample of values, e.g. sales ratios or tracking ratios.

Quartile Method

Outliers and extreme outliers (statistical terms for values that don’t fit in with the rest of the sample) can be identified using quartiles and the inter-quartile range.

This method requires:

identifying the first and third quartile (values are sorted from lowest to highest; the first quartile is the mid-point between the minimum and the median value, while the third quartile is the mid-point between the median and the maximum value)

calculating the inter-quartile range (IQR)

IQR = third quartile - first quartile

establishing lower and upper cut-off points

Lower cut-off = first quartile – 1.5 * IQR (for outliers)

first quartile – 3.0 * IQR (for extreme outliers)

Upper cut-off = third quartile + 1.5 * IQR (for outliers)

third quartile + 3.0 * IQR (for extreme outliers)

Standard Deviation Method

Use of standard deviations for identifying outliers requires a normal distribution of values. Outliers and extreme outliers can be identified using a number of standard deviations around the average value. If this method is to be used with sale/valuation data, normality of the distribution can be checked by calculating a Coefficient of Dispersion (COD) and Coefficient of Variation (COV).

See Appendix C for these calculations and note that sales ratios need to be replaced with the values for which normality is being established (e.g. value shifts).

By definition, within a normal (symmetrical bell-shape) distribution:

68 per cent of values fall within one standard deviation of the average value

95 per cent of values fall within two standard deviations of the average value

99 per cent of values fall within three standard deviations of the average value.

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The standard deviation method for removing outliers requires:

Calculating the average value shift

Calculating the standard deviation (SD) of the value shifts

Establishing lower and upper cut-off points

Lower cut-off = average – 2 * SD (for 5 per cent outliers)

average – 3 * SD (for 1 per cent outliers)

Upper cut-off = average + 2 * SD (for 5 per cent outliers)

average + 3 * SD (for 1 per cent outliers).

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APPENDIX E – EXCEPTION REPORTS

The following tests are intended to identify errors and/or anomalies. Any properties identified in the exception reporting should be inspected and/or amended.

Work submitted to council and VGV should not contain any exceptions unless noted in the relevant section of the stage report.

The various exception tests are listed and described in Part A, data integrity checks in Part B, and the tests required to be performed for each stage are listed in Part C.

A. Exception Tests

Site value > CIV

There should be no site values greater than the CIV.

Zero or Blank Values

All assessments (that are not mastercards or cancelled assessments) should have a non-zero value for both the 2014 and 2016 revaluation.

Vacant Land Assessments with Building Details

There is a compressive list of AVPCC codes associated with this test. The list of AVPCC will be made available with the stage submissions templates.

The fields that should be checked for this exception test include construction material, construction year, renovation year, number of bedrooms, building condition code, quality of style code, building area and ‘all improvements’.

Vacant Land Assessments with CIV/SV > 20 per cent

There is a comprehensive list of AVPCC codes associated with this test. The list of AVPCC will be made available with the stage submissions templates.

These are codes that have no improvements, or have structures that add no value.

Improved Assessments with SV=CIV

There is a comprehensive list of AVPCC codes associated with this test. The list of AVPCC will be made available with the stage submissions templates.

Therefore the SV should not be equal to the CIV.

Residential or Rural Properties with NAV not equal to 5 per cent of CIV

The Valuation of Land Act 1960 defines net annual value for residential and rural properties as 5 per cent of CIV.

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Contract No: 1910 Title: Provision of Valuation Services 199

NAV/Applied Net Rent less than or equal to 1

Council rates must be added to net rent to obtain net annual value.

Therefore the NAV should be greater than Applied Net Rent.

NAV less than 5 per cent

There should be no NAV less than 5 per cent of CIV for any property.

B. Data Integrity Checks

No Duplicate Assessment Numbers

Each assessment should have a unique assessment number and it should only appear once (one record per assessment).

Australian Valuation Property Classification Codes match an AVPCC from Appendix B

Appendix A lists all acceptable AVPCCs.

Land Area is in Numeric Format

Land areas should be sortable.

Construction Year and Renovation Year in YYYY Format

Construction year and renovation year should be valid four-digit years between 1800 and the current revaluation year.

Valid Codes

The following codes are numeric from 1 to 10

Access Code

Water Supply Code

Fencing Condition Code

Pasture Condition Code

Encumbrance Code

Topography Code

Building Condition Code

Quality of Style

Shape of site code

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Contract No: 1910 Title: Provision of Valuation Services 200

Valid Dates

The following dates are in DD/MM/YYYY format

Last date of 2014 supplementary valuation

Lease start date

Effective date

Last sales date

Date of last inspection

C. Stage Outputs (Exception Reports and Integrity Checks)

Table E1: Exception Reports and Data Checks per Stage

Stage 2

and

Stage 4

Site Value > CIV Zero or blank values Vacant land assessments with building details Vacant land assessments with CIV/SV>20 per cent Improved assessments with SV=CIV Residential or rural properties with NAV not equal to 5 per cent of

CIV No duplicate assessment numbers Australian Valuation Property Classification Codes match an

AVPCC from Appendix A Land area is in numeric format Construction year in YYYY format

Stage 3A

and

Stage 3B

Site Value > CIV Zero or blank values Vacant land assessments with building details Vacant land assessments with CIV/SV > 20 per cent Improved assessments with SV=CIV No duplicate assessment numbers Australian Valuation Property Classification Codes match an

AVPCC from Appendix A Land area is in numeric format Construction year in YYYY format NAV/applied net rent less than or equal to 1 NAV less than 5 per cent

Stage 5

Site Value > CIV Zero or blank values Vacant land assessments with building details Vacant land assessments with CIV/SV > 20 per cent Improved assessments with SV=CIV Residential or rural properties with NAV not equal to 5 per cent of

CIV No duplicate assessment numbers Australian Valuation Property Classification Codes match an

AVPCC from Appendix A Data types are inconsistent with those specified in Section 6. NAV less than 5 per cent

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Contract No: 1910 Title: Provision of Valuation Services 201

Form 2 totals match the Stage 5 data submission Stage 5 valuations match those submitted in Stage 3 and 4 Header numbers match the header file assessment number There is only one AVPCC for each assessment

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Contract No: 1910 Title: Provision of Valuation Services 202

APPENDIX F – VALUATION GEORGRAPHIC INFORMATION SYSTEM MAPS

Valuation maps are created by attaching valuation data to a map base.

Vicmap Property is a digital cadastral map base that is provided to all councils in Victoria. It contains a reference to council assessment numbers or other property identifiers. An agreement under which the State Government provides the digital map base to the municipality also allows provision of this map base to valuation contractors.

A. Creation of Property Valuation Maps with GIS

Creating valuation maps is a useful tool for the analysis of property valuation data. Linked to a geospatial framework, property valuations can be viewed and analysed in digital format within Geographic Information Systems (GIS). Spatial representation of values enables consistency checking, identification of trends and anomalies and location/spatial clustering of sales.

To create the maps, it is necessary to have GIS software3 that enables the mapping of valuation data.

The property valuation database needs to be linked to a digital map base4 via a common field or attribute. This field is normally the assessment number or property number in the council’s database, which matches with the PROPNUM field contained in the Vicmap Property map base.

A variety of valuation maps can be produced using various combinations of property valuation data.

Table F.1 lists the different types of valuation maps with a brief account of each. The first three maps in Table F.1, are those required as valuation outputs. The other types of maps are examples of additional maps that can be created and used to quality control the valuation.

B. Types of Maps required for Revaluation Submissions

With each submission to council, the valuations should be represented spatially, incorporating a map of sales, value shift maps showing change in SV, CIV or NAV, and a ‘level of value’ map that shows land rates per square metre or per hectare.

Most GIS software allows these maps to be presented as one file with different layers (e.g. a workspace file in Mapinfo). The types of maps are described in more detail below, along with recommended colour and style conventions.

1 GIS software such as MapInfo, Arcview, Latitude, Geomedia, Cadcorp, Infomaster, or other. 2 The digital map base referred to in this Appendix is Vicmap Property. This product is administered by Department of Environment and Primary Industries and maintained by councils. Councils are permitted to provide a copy of the map base to their valuation contractors.

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Contract No: 1910 Title: Provision of Valuation Services 203

Table F1: Types of Property Valuation Maps Map type Description Use

Required Maps Sales map Displays properties that have sold

recently and can indicate the type of sale (improved, vacant, excluded and tracking) by using different colours.

Displays the spread of sales and identifies areas with lack of sales.

Value-shift map Using the percentage change in SV, CIV or NAV, thematic maps can be created showing different ranges of change.

Useful for identifying trends and anomalies.

Level of value map Displays the ranges of the SV per hectare (or square metre) rate, or block value where applicable.

Useful for checking level of consistency of adjacent properties and around municipal borders.

Recommended Additional Maps Value shift ratio map Maps the ratio of CIV change to

SV change. Highlights properties where CIV increase is greater than SV increase; used in conjunction with sales map to identify sale chasing.

Sales ratio map Maps the ratio of CIV to sale price.

Highlights under-valuation and over-valuation of sale properties.

Added value of improvements map

Uses (CIV – SV) to display the value of improvements on each property within ranges.

Check consistency of added value between similar property types.

Rent rate map Represents rent per square metre of lettable area for commercial / industrial properties.

Useful for checking level of consistency of adjacent properties.

Sales Maps

The map of sales should be overlaid on the value shift and level of value maps.

The recommended format for mapping sales is to show sales that have been excluded from analysis with a thick blue border. Sales that have been analysed may be shown with a red or green border, according to whether they are improved or vacant land sales, respectively. It may be useful to map older sales (those between 1 January 2014 and the analysis period, referred to as ‘tracking’ sales).

Regardless of the colours selected for the sales map, a legend should show what the colours and styles represent. An example of the recommended convention for sales maps is shown below. Figure F.1 shows the sales overlaid on a value shift map.

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Contract No: 1910 Title: Provision of Valuation Services 204

Value Shift Maps

With each submission for Stages 2, 3 and 4, value shift maps are required. These show the percent change in site value between the proposed 2016 site values and the 2014 site values. The same map should be produced for CIV (showing the percent change in CIV between the proposed 2016 CIVs and the 2014 CIVs), and for Stage 3B, an additional map for change in NAV. The ranges selected for value shift maps depend on the range of numeric values within the data. Some ranges and colour schemes are suggested below.

Analysed Improved Sale

Analysed Land Sale

Sale Excluded from Analysis

LEGEND FOR SALES MAP

Tracking Sale

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Contract No: 1910 Title: Provision of Valuation Services 205

Figure F1. Value-shift map showing change in CIV between two revaluations with sales overlaid. The ranges and colours used for thematic maps should be tailored to the SMG’s data characteristics in order to highlight anomalies. Some ranges and colour schemes are suggested in the legend box above. For example, using the ranges suggested above will make properties that have more than 50 per cent increase in SV or CIV stand out.

The Figure F1 example is taken from a Stage 4 submission. The sales layer identifies a number of improved sales used in the valuer’s sales analysis, one land sale, one excluded sale, and a number of older sales that were not analysed by the valuer (referred to as tracking sales). The changes to CIV are varied, with increases and decreases.

Level of Value Map

A level of value map shows the site value rate per hectare or square metre. The ranges selected depend on the range of values within the data.

This map should be confined to properties of similar type (separate maps for residential, rural residential and rural property types) because mixing these property types will result in very large ranges and the maps will be less meaningful.

Figure F2 shows a residential area with ranges in dollars per square metre (sqm). The level of value has been divided into $50 ranges from $200 to $350/sqm and varied ranges above and below these amounts. This arrangement highlights properties with very low or very high level of value.

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Contract No: 1910 Title: Provision of Valuation Services 206

Figure F2. Level of value map showing land value per square metre. The minimum valuation data elements required for producing the maps described above are:

Assessment number or property number:

SV 2014

CIV 2014

Proposed SV 2016

Proposed CIV 2016

Recent sale price

Date of sale

Sales ratio

Change in SV

Change in CIV

Land area (in hectares for rural properties and square metres for urban properties)5

SV per hectare and/or square metre.

It is recommended that all available data is attached, in addition to the minimum elements listed above, because any anomalies can be verified by checking additional data such as building area, property type (Australian Valuation Property Classification Code), and even value drivers such as view codes or street factors.

5 It is best to store areas in hectares in a separate field to areas in square metres, and to have separate fields for SV per hectare and SV per square metre. This allows separate maps for rural and residential properties (if within the one submission) and simplifies interpretation of the maps.

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Contract No: 1910 Title: Provision of Valuation Services 207

Additional Maps

Sales ratios can be shown on a map by thematically mapping ranges (e.g. red for sales ratios > 1.1, yellow for 1.0 to 1.1, green for 0.9 to 1.0 and blue for sales ratios < 0.9).

Mapping the (CIV – SV) is useful if accompanied by AVPCC or property type labels.

This type of map shows the added value of improvements for each property and is most useful when comparing across similar property types.

Mapping of adjusters such as location factors, view codes, street adjusters, etc. is beneficial for checking consistent application of these factors.

Vicmap products include additional data layers that may be useful for quality checking valuations, when used in conjunction with the thematic maps. These include address points, roads, locality and parish boundaries, topography (elevation contours), and hydrography.

C. Mapping Outputs per Stage

Mapping is an integral part of the valuation process, allowing the valuer to check spatial patterns and anomalies that would not be apparent within a spreadsheet or database. The mapping outputs are based on the types of maps that are useful to the valuer at each stage, and are listed below.

Table F2: Mapping Outputs per Stage Stage 1 No mapping required Stage 2 Change in SV

Change in CIV Level of value (land rate per square metre for residential properties, per hectare for rural properties)

Stage 3A No mapping required Stage 3B Change in SV

Change in CIV Change in NAV Level of value (land rate per square metre for commercial/industrial properties)

Stage 4 Change in SV Change in CIV Level of value (land rate per square metre for residential properties, per hectare for rural properties)

Stage 5 No mapping required

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Contract No: 1910 Title: Provision of Valuation Services 209

APPENDIX H – SCHEDULE OF SPECIALIST PROPERTIES

Property ID Property address Known as Property Description

11395 1 Chapel Street, St Kilda Astor Theatre Cinema/Theatre

26747 14 Lower Esplanade, St Kilda

Palais Theatre Theatre

35628 P 61-67 Queens Road, Melbourne

Sebel & Citigate Albert Park

Major Hotel

17068 14-16 Esplanade, St Kilda Novotel St Kilda Major Hotel

35691 50-52 Queens Road, Melbourne

Bayview on the Park Major Hotel

35224 6-9 Queens Road, Melbourne

Eden on the Park Major Hotel

40056 562 St Kilda Road, Melbourne

Parkview St Kilda Rd Major Hotel

26748 18 Lower Esplanade, St Kilda

Luna Park Amusement Park

27291 - 27294 Marine Parade, Elwood St Kilda Marina

Marina, Service Station, Restaurants & Workshop

Multiple assessments (48)

111 Cecil Street, South Melbourne

Spotlight Centre Neighbourhood Shopping Centre

Multiple assessments (29)

245-269 Clarendon Street, South Melbourne

Clarendon Centre Neighbourhood Shopping Centre

43292 Pipe Lines In City, St Kilda Pipe Lines In City Pipelines

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Contract No: 1910 Title: Provision of Valuation Services 210

APPENDIX I – SCHEDULE OF DATA RESPONSIBILITY

MUNICIPALITY – PORT PHILLIP CITY COUNCIL

Field

Data element #Responsible

party #Action required

#Comment

# Percentage populated

in database

#Custodian

within Council

VALUATION BEST PRACTICE DATA A LGA reference

number/ Assessment number

Council Rates Dept to create assessment numbers for all new properties as advised by the Valuation Department

Valuation Department to provide ‘ Pathway New Assessment Memo ‘ to Rates Department

100% Rates Manager

B Sub-market group number

Valuer Review & maintain Create, review as required

100% Contract Valuer

C Sub-market group name

Valuer Review & maintain Create, review as required

100% Contract Valuer

D–S Property Address

Council Rates Dept to create property address/s as advised by Valuation Department

Valuation Department to provide ‘ Property Creation Memo ‘ to Rates Department

100% Rates Manager

T Owner name and address (see Appendix J)

Council Process Notices of Acquisition & Disposition

Keep Updated Rates Manager

U Title Reference

Council Keep Updated Rates Manager

V Parish Council Keep Updated Rates Manager W–X Land area,

Land Area Measure

Valuer Review & maintain Correct and maintain as required

99% Contract Valuer

Y Zoning Council Maintain Correct and maintain as required

99% Planning Department

Z Encumbrances code

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AA Australian Valuation Property classification code

Valuer Review & maintain Update to VBP 2016 AVPCC

100% Contract Valuer

AB Topography code

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AC Construction material

Valuer Review & maintain Correct and maintain as required

94% Contract Valuer

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Contract No: 1910 Title: Provision of Valuation Services 211

Field

Data element #Responsible

party #Action required

#Comment

# Percentage populated

in database

#Custodian

within Council

AD Construction year

Valuer Review & maintain Correct and maintain as required

99% Contract Valuer

AE Renovation year

Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

AF Building condition code

Valuer Review & maintain Correct and maintain as required

99% Contract Valuer

AG Services Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AH Last sale price Council Process Notice of Acquisition/Disposition

Keep Updated Rates Manager

AI Last sale date Council Process Notice of Acquisition/Disposition

Keep Updated Rates Manager

AJ AVPCC at sale Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

AK Sale comment Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

AL SV @ 2016 level date

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AM CIV @ 2016 level date

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AN NAV @ 2016 level date

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AO Level of value date

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AP SV @ 2014 level

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AQ CIV @ 2014 level

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AR NAV @ 2014 level

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AS Last return date

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AT Date of last inspection

Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

AU Gross floor area (m2) Lettable area (m2)

Valuer Review & maintain Correct and maintain as required

99% Contract Valuer

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Contract No: 1910 Title: Provision of Valuation Services 212

Field

Data element #Responsible

party #Action required

#Comment

# Percentage populated

in database

#Custodian

within Council

AV All improvements

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AW GIS number Council Keep Updated Rates Manager

AX Header number

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

AY Frontage Valuer Review & maintain Correct and maintain as required

96% Contract Valuer

AZ Shape of site code

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

BA Quality of style code

Valuer Review & maintain Correct and maintain as required

99% Contract Valuer

BB Number of bedrooms

Valuer Review & maintain Correct and maintain as required

84% Contract Valuer

BC Occupancy type

Valuer Review & maintain Correct and maintain as required

100% Contract Valuer

BD Lease term Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

BE Lease start date

Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

BF–BG

Gross/Net Rent

Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

BH Rent reviews Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

BI Incentives Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

BJ Outgoings per annum

Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

BK Number of car spaces

Valuer Review & maintain Correct and maintain as required

90% Contract Valuer

BL Car park per annum

Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

BM Arable area Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BN Non-arable area

Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BO Access code Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

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Contract No: 1910 Title: Provision of Valuation Services 213

Field

Data element #Responsible

party #Action required

#Comment

# Percentage populated

in database

#Custodian

within Council

BP Water supply code

Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BQ Fencing condition code

Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BR Water rights Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BS Unused roads and water frontages

Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BT Pasture condition code

Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BU Vegetation type

Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BV Soil type Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BW VHR Heritage Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

BX Water Use License

Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BY Water License Amount

Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

BZ License Area Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

CA Delivery Share Valuer Review & maintain Correct and maintain as required

No rural property

Contract Valuer

CB Contamination Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

CC Conservation Covenant

Valuer Review & maintain Correct and maintain as required

Not held in VicVals

Contract Valuer

CD GIS Area Council Review & maintain Correct and maintain as required

GIS department

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ADDENDUM 01 Tender No: 1910 Tender Name: Provision of Valuation Services Date: 13 October 2014 Additional information to be received as Addendum Number 01

List of Sub-Market Groups (SMGs):

SMG Number in SMG 1PORTB 7791PORTC 2501PORTF 6591PORTI 91PORTO 15261PORTR 34182SOUTHB 8102SOUTHC 8092SOUTHF 12622SOUTHI 3622SOUTHO 12532SOUTHR 55873STKB 22083STKCI 353STKF 38053STKO 174673STKR 59744MELB 107344MELBF 1975FORECI 195FOREF 1745FOREO 27145FORER 216ALLCINON 7487ALLPBLIC 274ALLRSNON 468DUPLEX/P 355Total 68851

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ADDENDUM 02 Tender No: 1910 Tender Name: Provision of Valuation Services Date: 14 October 2014 Additional information to be received as Addendum Number 02

Port Phillip City Council - Assets Please refer to the attached asset listing.

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Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

1 LAND00004 ART001 O 26 Acland St R1Z 1,462 0.75 Linden Art Gallery

1 LAND00004 O 26 Acland St Linden Art Gallery

2 LAND08255 S Part 46-52 Acland St RZ1 67 2.65 Street Beatification

3 8179 O 64(A) Acland St B1Z 107 0 Outdoor Terrace Wall

4 LAND12694 CML003 I 71(A) Acland St. PPRZ 232 1.35 Restaurant

4 CML003 I 71(A) Acland St. Restaurant

5 LAND00107 O 9 Alfred Square PPRZ 5,529 0.7 Alfred Square Gardens

6 LAND00121 O 2-8 Alfred St B1Z 1,079 1 W.C Block

6 LAND00121 PTS426 O 2-8 Alfred St W.C Block

7 O 10-18 Alfred St B1Z 1,280 0.78 Carpark

8 LAND00095 O 13 Alma Place R1Z 297 1.03 Reserve

9 LAND00089 CCE005 O 200 Alma Rd R1Z 557 0.88 Neighbourhood House

9 LAND00089 CCE005 O 200 Alma Rd Neighbourhood House

10 LAND00090 O 202 Alma Rd R1Z 1,717 0.73 Reserve

11 LAND00096 CCE006 O 67-69 Argyle St PUZ6 8,033 0.7 Betty Day/Regional Kitchen

11 LAND00096 CCE006 O 67-69 Argyle St Betty Day/Regional Kitchen

12 CHS008 O 71-79 Argyle St PUZ6 0 North St.Kilda C.C.Centre

13 LAND08205 COH009-COH024 O 100 Argyle St R1Z 2,162 0.7 16 Family Townhouses

13 LAND08205 COH009-COH024 O 100 Argyle St 16 Family Townhouses

14 LAND08190 COH025-COH080 O 1-30 Balluk Willam Crt CDZ1 8,053 0.7 56 Townhouses

14 LAND08190 COH025-COH080 O 1-30 Balluk Willam Crt 56 Townhouses

15 LAND07798 O 135 Barkly St PPRZ 5,263 0.7 J. Talbot Reserve

17 LAND08256 RW 218 (A) Barkly St RZ1 99 2.42 Street Beautification

18 LAND07799 O 393 Barkly St PPRZ 11,400 0.7 Robinson Reserve

20 LAND07796 O 329(A) Beac/field Pde PPRZ 158,361 0.7 Catani Gardens

21 LAND12695 S&R216 O 330(A) & 332(A) Beac/field Pde PPRZ 2,643 0.776 West Beach Pavilion: Restaurant/Retail/Public WC's

21 LAND12695 S&R216 O 330(A) & 332(A) Beac/field Pde West Beach Pavilion: Restaurant/Retail/Public WC's

24 LAND08206 O 369 Beaconsfield Pde PPRZ 1,542 0.75 Cleve Gardens Reserve

25 LAND00136 SOLD O 1 Belford St B1Z 297 1 Carpark- 10 spaces

25 LAND00136 SOLD O 1 Belford St B1Z 297 1 Carpark- 10 spaces

26 LAND06418 O 2-4 Belford St PUZ6 347 0.98 Carpark-10 spaces

27 LAND08249 COH088 O 3/5 Belford St B1Z 66 2.65 Flat

27 LAND08249 COH088 O 3/5 Belford St B1Z 66 2.65 Flat

28 LAND08250 COH089 O 4/5 Belford St B1Z 66 2.65 Flat

28 LAND08250 COH089 O 4/5 Belford St B1Z 66 2.65 Flat

29 LAND00137 O 6-10 Belford St PUZ6 969 0.81 Carpark-30 spaces

30 RW Rear 28-30 Blanche St MUZ 52 2.8 Street Beautification

32 LAND07800 S&R524 O 12(A) Blessington St PPRZ 52,350 0.7 Renfrey Gardens/ Pavilion

32 LAND07800 S&R524 O 12(A) Blessington St Renfrey Gardens/ Pavilion

33 LAND00132 CCE092 O 38-40 Blessington St R1Z 561 0.88 Cora Graves- Senior Citizens

33 LAND00132 CCE092 O 38-40 Blessington St Cora Graves- Senior Citizens

34 LAND00133 O 55(A-B) Blessington St PPRZ 64,750 0.7 St.Kilda Botanical Gardens

35 LAND00141 O 180 Brighton Rd R1Z 335 0.99 Ray Manning Reserve

36 LAND00028 O 1(A) Broadway PPRZ 574 0.865 EC Mitty Reserve

37 LAND08221 CHS105 O 51 Broadway R1Z 771 0.807 Burnett Gray I.W.C

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Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

37 LAND08221 CHS105 O 51 Broadway Burnett Gray I.W.C

38 LAND08220 COH107-COH126 O 2-10 Brunning St R1Z 3,809 0.7 20 Family Townhouses

38 LAND08220 COH107-COH126 O 2-10 Brunning St 20 Family Townhouses

39 LAND00119 O 39-47 Camden St B1Z 1,844 1 Carpark- 68 Spaces

40 LAND07801 O 198 Canterbury Rd R1Z 2,787 0.7 Johnson Reserve

42 LAND08251 CML128 O 2/63 Carlisle St R1Z 74 2.5 Strata Flat

42 LAND08251 CML128 O 2/63 Carlisle St Strata Flat

43 LAND00109 COH129-COH140 O 64 Carlisle St R1Z 1,695 0.74 12 Townhouses

43 LAND00109 COH129-COH140 O 64 Carlisle St 12 Townhouses

44 LAND08183 OPS500 O 99(A) Carlisle St PUZ6 12,064 0.8 St.Kilda Town Hall

45 LAND00110 LIB148 O 150 Carlisle St PUZ6 4,024 1 St.Kilda Library

45 LAND00110 LIB148 O 150 Carlisle St St.Kilda Library

47 LAND00118 CHS517 O 99B Carlisle St PUZ6 2,503 1 Bubup Nairm Family & Children's Centre

47 LAND00118 CHS517 O 99B Carlisle St Bubup Nairm Family & Children's Centre

51 LAND00093 O 35-39 Charnwood Rd PPRZ 936 0.81 Reserve

52 LAND00138 O 24 Chaucer St R1Z 699 0.825 Carpark- 25 spaces

53 LAND00087 O 150/200 Dandenong Rd PPRZ 91,203 0.7 Alma Park

54 LAND00086 CML157 I 160 Dandenong Rd PPRZ 650 0.86 Alma Cottage

54 LAND00086 CML157 I 160 Dandenong Rd Alma Cottage

55 LAND00088 COH158 & COH435 O 342 Dandenong Rd R1Z 866 0.82 Apartment House & Flat

55 LAND00088 COH158 & COH435 O 342 Dandenong Rd Apartment House & Flat

56 LAND07802 O 1(C) Deakin St R1Z 2,535 0.7 Jacoby Reserve

57 LAND00117 CCE159 S 5-7 Duke St R1Z 432 0.94 Office- Theo Youth Centre

57 LAND00117 CCE159 S 5-7 Duke St Office- Theo Youth Centre

58 LAND00105 CHS160 O 17 Eildon Rd R1Z 683 0.85 West St.Kilda CCC

58 LAND00105 CHS160 O 17 Eildon Rd West St.Kilda CCC

59 LAND08246 S&R161 O 1 Elwood Foreshore PPRZ 190 1.51 Elwood Sea Scouts

59 LAND08246 S&R161 O 1 Elwood Foreshore Elwood Sea Scouts

60 LAND08228 S&R162 O 3 Elwood Foreshore PPRZ 650 0.84 Elwood Angling Clubhouse

60 LAND08228 S&R162 O 3 Elwood Foreshore Elwood Angling Clubhouse

61 LAND08226 S&R163 O 5 Elwood Foreshore PPRZ 746 0.83 Elwood Sailing Club

61 LAND08226 S&R163 O 5 Elwood Foreshore Elwood Sailing Club

62 LAND08233 S&R509 O 9 Elwood Foreshore PPRZ 60 2.7 John R Conebere Pavilion/ WC's

62 LAND08233 S&R509 O 9 Elwood Foreshore John R Conebere Pavilion/ WC's

63 LAND08236 S&R509 O 11 Elwood Foreshore PPRZ 302 0.99 Elwood LSC/Control Tower

63 LAND08236 S&R509 O 11 Elwood Foreshore Elwood LSC/Control Tower

64 LAND08229 S&R509 I 15 Elwood Foreshore PPRZ 948 0.782 Restaurant/Function Room-Sails on the Bay

64 LAND08229 S&R509 I 15 Elwood Foreshore Restaurant/Function Room-Sails on the Bay

65 LAND08241 RW 14(A) Esplanade R1Z 254 1.18 Terrace

66 LAND00106 O 32(A) Esplanade R1Z 316 1 Levy Reserve

68 LAND00108 O Rear 77 Fitzroy St PUZ6 563 0.88 Carpark- 20 spaces

71 LAND07803 O 151(A) Glenhuntly Rd PPRZ 1,500 0.774 JT Berkley Reserve

72 LAND00103 O Rear 63-71 Grey St R1Z 4,699 0.7 Grey St Reserve

75 LAND00091 O 98 Inkerman St B2Z 381 1 Carpark-12 spaces

76 LAND08209 O 114 Inkerman St R1Z 2,323 0.7 Pinaroo Retirement-Land only

77 LAND00097 P&G176 O 351 Inkerman St PPRZ 7,420 0.7 Hewison Reserve & Store

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Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

77 LAND00097 P&G176 O 351 Inkerman St Hewison Reserve & Store

78 LAND00134 O 1 Irwell St PUZ6 1,045 0.8 Carpark-25 spaces

79 LAND00135 O 2 Irwell St B1Z 549 1 Carpark- 18 spaces

80 LAND00144 O 5 Irwell St PUZ6 276 1.08 Carpark- 10 spaces

81 LAND08204 S&R177 I 2 Jacka Boulevard PPRZ 2,369 0.7 RMYS Clubrooms

81 LAND08204 S&R177 I 2 Jacka Boulevard RMYS Clubrooms

82 LAND08237 CML179 I 6 Jacka Boulevard PPRZ 200 1.45 Kiosk 2 (opp. Pier)

82 LAND08237 CML179 I 6 Jacka Boulevard Kiosk 2 (opp. Pier)

83 LAND08197 P&G180 O 8 Jacka Boulevard PPRZ 10,819 0.7 Shelter & Carpark

84 LAND08247 CML181 I 20 Jacka Boulevard PPRZ 100 2.3 Kiosk 3 (adj. Seabaths)

84 LAND08247 CML181 I 20 Jacka Boulevard Kiosk 3 (adj. Seabaths)

86 LAND08212 CML183 I 30 Jacka Boulevard Stokehouse Restaurant ( Demolished 01/2014)

86 LAND08212 CML183 I 30 Jacka Boulevard PPRZ 1,778 0.75 Stokehouse Restaurant ( Demolished 01/2014)

87 LAND08239 S&R184 O 34 Jacka Boulevard PPRZ 280 1.064 St.Kilda L.S.C

87 LAND08239 S&R184 O 34 Jacka Boulevard St.Kilda L.S.C

90 LAND08219 CML518 I 36-42 Jacka Blvd PPRZ 1123 0.776 Donovans Restaurant/Kiosk

90 LAND08219 CML518 I 36-42 Jacka Blvd Donovans Restaurant/Kiosk

91 CML518 O 42 Jacka Blvd Bathing Pavilion & WC

92 LAND00104 O 30-32 Jackson St PUZ6 585 0.87 Carpark- 17 spaces

93 LAND07804 O Rear 3 Knight St R1Z 959 0.781 Reserve

94 LAND08184 235 O 1 Lower Esp PPRZ 10,117 0.7 WC & Shelter & Clock Tower

95 LAND08192 O 2-6 Lower Esp PPRZ 4,427 0.7 Carpark- 138 spaces

97 LAND08201 O Rear10-14Lower Esp PPRZ 2,601 0.7 Carpark- 57 spaces

100 LAND12696 8149 I 42-54A Marine Pde PPRZ 82,705 0.5 St.Kilda Marina

101 LAND07805 8172 O 65(A) Marine Pde PPRZ 46,500 0.7 Moran Reserve & Bridge

101 LAND07805 8172 O 65(A) Marine Pde Moran Reserve & Bridge

102 LAND00126 O 4-20 Marlbough St R1Z 2,321 0.7 Carpark- 96 spaces

103 LAND00125 O 34 Marlbough St / 28 Woodstock St R1Z 845 0.82 31 Community Housing Flats/Carpark

104 LAND00124 S 46 Marlborough St R1Z 205 1.45 Vacant Land

105 LAND00122 CML196 S 48 Marlborough St R1Z 205 1.45 Dwelling ( Demolished- 2013)

105 LAND00122 CML196 S 48 Marlborough St Dwelling ( Demolished- 2013)

106 LAND00123 O 50-58 Marlbough St R1Z 1,380 0.77 Carpark- 48 spaces

107 LAND08218 COH517 O 28 Milton St R1Z 800 0.82 9 Family Flats

107 LAND08218 COH517 O 28 Milton St 9 Family Flats

108 LAND07806 O 77(A) Mitford St PPRZ 2,555 0.7 FL Dawkins Reserve

109 LAND07807 O 82(A) Mitford St PPRZ 7,451 0.7 Clarke Reserve

110 LAND07808 O 150(A) Mitford St R1Z 820 0.793 Road Closure Reserve

111 LAND08223 O 49-53 Nelson St B1Z 612 1 Carpark- 48 spaces

112 O 55-57 Nelson St B1Z 879 0.82 Carpark -

113 LAND08181 O 9(A) Ormond Esp PPRZ 182,115 0.7 Point Ormond Reserve

114 LAND08253 CML208 I 29(A) Ormond Esp PPRZ 60 2.7 Elwood Kiosk

114 LAND08253 CML208 I 29(A) Ormond Esp Elwood Kiosk

115 LAND08198 I 63(A-B) Ormond Esp PPRZ 3,679 0.7 Café/ Child Care Centre/WC

116 LAND08202 S&R212&213 O 69(A) Ormond Esp PPRZ 3,362 0.7 Elwood Tennis Club Pavilion

116 LAND08202 S&R212&213 O 69(A) Ormond Esp Elwood Tennis Club Pavilion

117 LAND07809 S&R520 O 105(A) Ormond Esp PPRZ 83,610 0.7 Elwood Park Pavilion

Page 157: TABLE OF CONTENTS - SPECIFICATION · 2017-11-15 · Contract No: 1910 Title: Provision of Valuation Services 64 3. TENDER FORM AND SCHEDULES 83 3.1 Introduction 84 3.2 Additional

Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

117 LAND07809 S&R520 O 105(A) Ormond Esp Elwood Park Pavilion

118 LAND08203 S&R216 O 135(A) Ormond Esp PPRZ 3,389 0.7 Elwood Croquet Club Pavilion

118 LAND08203 S&R216 O 135(A) Ormond Esp Elwood Croquet Club Pavilion

120 LAND00116 O 45-47 Pakington St PPRZ 758 0.811 Reserve

122 LAND00128 O 1-5 Railway Place R1Z 602 0.87 St.Kilda Community Garden

123 LAND00127 O 33 Rosamond St R1Z 190 1.51 Reserve

125 LAND08199 ART220 S 11 Shakespeare Gve PPRZ 4,416 0.7 Community Garden Pavilion

125 LAND08199 ART220 S 11 Shakespeare Gve Community Garden Pavilion

126 LAND07810 PTS221 O 23 Shakespeare Gve PPRZ 12,605 0.7 O'Donnell Gardens & wc Block

126 LAND07810 PTS221 O 23 Shakespeare Gve O'Donnell Gardens & wc Block

128 LAND07811 O 62(B) Spray St R1Z 378 0.97 Dickinson Reserve

129 LAND00112 RW 315 St.Kilda Rd B2Z 600 0.87 Street Beautification

130 LAND00113 RW 351 St.Kilda Rd R1Z 347 0.982 Street Beautification

131 LAND00111 RW 416 St.Kilda Rd B2Z 133 2 Street Beautification

132 LAND00129 CHS222 O 46 Tennyson St R1Z 697 0.851 Elwood CCC

132 LAND00129 CHS222 O 46 Tennyson St Elwood CCC

133 LAND08195 CCE521 O 85-87 Tennyson St R1Z 2,592 0.7 Elwood Learning Centre

133 LAND08195 CCE521 O 85-87 Tennyson St Elwood Learning Centre

134 LAND00142 CHS224 O 39 The Avenue R1Z 682 0.83 The Avenue CCC

134 LAND00142 CHS224 O 39 The Avenue The Avenue CCC

135 COH528 O (1-8)/ 1(A) Tiuna Gve R1Z 8 Flats

136 LAND00115 RW 56 Vale St R1Z 78 2.55 Street Beautification

138 LAND00100 O 4 Waterloo Crescent PUZ1 955 0.781 Reserve

139 LAND00101 RW 22 Waterloo Cres R1Z 36 2.8 Street Beautification

141 LAND00143 O 35-39 William St R1Z 2,750 0.7 Reserve

142 LAND00098 CHS234 O 8 York St R1Z 534 0.88 West St.Kilda MCHC

142 LAND00098 CHS234 O 8 York St West St.Kilda MCHC

143 LAND08222 COH236 O 5 Little Grey St B1Z 800 0.82 Boarding House

143 LAND08222 COH236 O 5 Little Grey St Boarding House

145 LAND08257 RW 2-4 Duke St R1Z 51 2.8 Land adjacent to 2 Duke St

146 LAND07877 O 34-36 Jackson St PUZ6 464.5 0.924 Carpark-17 spaces

200 LAND07812 O 451 Clarendon St PPRZ 3,932.61 0.7 Clarendon Reserve

201 LAND00032 O 29 (A) Albert Rd PPRZ 4,603.10 0.7 South African Memorial Reserve

202 LAND08215 LIB238 O 195-207 Bank St R1Z 997 0.8 Emerald Hill Library

202 LAND08215 LIB238 O 195-207 Bank St Emerald Hill Library

203 LAND08224 OPS501 S 200-202 Bank St B1Z 325 1 Shop & Office

203 LAND08224 OPS501 S 200-202 Bank St Shop & Office

204 LAND00033 OPS502 O 208-220 Bank St PUZ6 3,145.41 1 South Melbourne Town Hall

205 LAND08741 OPS248 O 222-228 Bank St PUZ6 589.45 1 Offices

205 LAND08741 OPS248 O 222-228 Bank St Offices

206 LAND00024 157 O 1/208-220 Bank St PUZ6 900 1 Town Hall Forecourt

207 LAND08260 O 255A Beaconsfield Parade PPRZ 180 1.54 WC facility

208 LAND08234 I 129(A) Beac/field Pde PPRZ 187 1.54 Kiosk & WC

209 LAND08230 O 129 (B) Beac/field Pde PPRZ 649 1.3 Albert Park Yachting Club

210 LAND08231 CML254 I 175(B) Bea/field Pde PPRZ 387 0.97 Sand Bar Café

210 LAND08231 CML254 I 175(B) Bea/field Pde Sand Bar Café

Page 158: TABLE OF CONTENTS - SPECIFICATION · 2017-11-15 · Contract No: 1910 Title: Provision of Valuation Services 64 3. TENDER FORM AND SCHEDULES 83 3.1 Introduction 84 3.2 Additional

Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

211 LAND08232 S&R504 O 72 (A-B) Bea/field Pde PPRZ 400 0.96South Melb.LSC & Kiosk&Change Rooms-William Crawford

Pavilion

211 LAND08232 S&R504 O 72 (A-B) Bea/field PdeSouth Melb.LSC & Kiosk&Change Rooms-William Crawford

Pavilion

212 LAND08240 CML256 I 129 Beaconsfield Pde PPRZ 279 1.101 Kerferds Restaurant: No longer used as restaurant

212 LAND08240 CML256 I 129 Beaconsfield Pde Kerferds Restaurant: No longer used as restaurant

214 LAND00035 PT S414 O 0 Bowen Cres PPRZ 3,915 0.7 Reserve / WC

214 LAND00035 PT S414 O 0 Bowen Cres Reserve / WC

216 LAND00029 O 1(A) Cardigan Place PPU2 227.42 1.3 Reserve

217 LAND00001 CHS257 O 5-11 Carter St R1Z 553.87 0.875 Neighbourhood House

217 LAND00001 CHS257 O 5-11 Carter St Neighbourhood House

218 LAND08182 MKT505 I 116-136 Cecil St PUZ6 15,970 0.7 South Melb. Market

219 LAND00030 O 1/0 Cecil St PPRZ 2,157.27 0.7 Reserve

220 LAND08213 CHS511 O 400-412 Clarendon St R1Z 1,008 0.8 Clarendon CCC

220 LAND08213 CHS511 O 400-412 Clarendon St Clarendon CCC

221 LAND00015 CHS278 O 328-332 Coventry St B1Z 950 1 Coventry CCC

221 LAND00015 CHS278 O 328-332 Coventry St Coventry CCC

222 LAND00002 CCE279 O 224 Danks St R1Z 1,214 0.78 Mary Kehoe SCC

222 LAND00002 CCE279 O 224 Danks St Mary Kehoe SCC

223 LAND00017 O 1/374 Danks St R1Z 337.32 0.98 Playground Reserve

224 LAND00005 CHS280 O 18 Dundas Place R1Z 521.7 0.89 Albert Park MCHC & Kindergarten

224 LAND00005 CHS280 O 18 Dundas Place Albert Park MCHC & Kindergarten

225 LAND07813 O Dundas Place PPRZ 169.73 1.62 Broadway Reserve

226 LAND00006 CHS283 O 97 Eastern Rd R1Z 1,021.37 0.78 Lillian Cannam Kindergarten

226 LAND00006 CHS283 O 97 Eastern Rd Lillian Cannam Kindergarten

227 LAND08210 CCE284 O 14 (A) Ferrars Place PPRZ 1,194 0.78 RSL Hall

227 LAND08210 CCE284 O 14 (A) Ferrars Place RSL Hall

228 LAND00036 O 1-3/0 St Vincent Place South PPRZ 34,598 0.7 St.Vincent Gardens

229 LAND00007 O 1-35 Graham St PPRZ 21,367.30 0.7 Gasworks Reserve/ Gallery

231 LAND00008 CCE299 O 1-5 Howe Cres R1Z 1,442 0.76 Sth Melb. SCC

231 LAND00008 CCE299 O 1-5 Howe Cres Sth Melb. SCC

232 LAND00031 O 2/0 Cecil St PPRZ 2,037.51 0.7 Reserve

234 LAND00009 O 20 Little Finlay St R1Z 210 1.4 Playground Reserve

235 LAND00010 O 11-13 Little Page St R1Z 98.75 2.3 Playground Reserve

236 LAND00026 O 28 Lyell St PPRZ 784.08 0.805 Reserve

237 LAND08186 CCE301 O 180-204 Montague St PPRZ 4,122 0.65 Sol Green Community Centre

237 LAND08186 CCE301 O 180-204 Montague St Sol Green Community Centre

238 LAND00011 LIB302 O 319 Montague St B1Z 1,163.39 0.78 Albert Park Library

238 LAND00011 LIB302 O 319 Montague St Albert Park Library

239 LAND00012 O 211 (A) Dorcas St PPRZ 2,432 0.7 Skinners Adventure Playground

240 LAND00038 O 308-314 Moray St R1Z 657.55 0.86 Citipower Reserve

241 LAND00025 AGE304 O 179-197 Napier St R1Z 3,762 0.7 Napier St Hostel

241 LAND00025 AGE304 O 179-197 Napier St Napier St Hostel

242 LAND00027 O 133 Nelson Rd R1Z 2,290 0.7 Reserve

243 LAND00021 O 153-155 Neville St R1Z 249.25 1.18 Playground Reserve

244 LAND00018 O 141 Park St PPRZ 2,832 0.7 LA Trobe Reserve

Page 159: TABLE OF CONTENTS - SPECIFICATION · 2017-11-15 · Contract No: 1910 Title: Provision of Valuation Services 64 3. TENDER FORM AND SCHEDULES 83 3.1 Introduction 84 3.2 Additional

Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

245 LAND08194 O 148-160 Park St PPRZ 2,580 0.7 Reserve

246 LAND00013 O 228-234 Park St B1Z 683.42 1 Carpark-20 spaces

247 LAND00016 O Perrins Lane PPRZ 545 0.88 Perrins Lane

248 LAND08189 CCE305 I 62-74 Pickles St PUZ2 2,468 0.7 Former Pickles St School/Office

248 LAND08189 CCE305 I 62-74 Pickles St Former Pickles St School/Office

249 LAND00023 O 18-30 Richardson St PPRZ 3,642 0.7 South Port Nursing Home

250 LAND00039 O 151 (A) Richardson St PPRZ 1,517.75 0.75 Frank & Mary Crean Reserve

251 LAND00022 CCE307 O 254-256 Richardson St R1Z 608.03 0.85 Middle Park Library/MCHC/Community Centre

252 LAND00019 O 1/0 Kings Way PPRZ 665.16 0.86 Fawkner Reserve

253 LAND00040 O 53 (A) Victoria Ave R1Z 310 0.99 Rats of Tobruk Reserve

254 LAND08196 O 56-78 White St PUZ6 7,647 1 Sth.Melb Transfer Station

255 LAND00003 O 69 White St CCZ1 8,257.79 1 Sth.Melb Depot

256 LAND08235 CML319 O 70 White St PUZ6 299 1 DJ's Diner- Demolished 2009

257 LAND08191 O 311(A)Bea/field Pde PPRZ 3,400 0.7 Median Strip Reserve between pickles St and Fraser St.

258 LAND08211 O 0 Danks St PPRZ 1,507 0.75 Reserve

300 LAND00041 0 333 Bay St PUZ6 1,619 1 Port Melb Town Hall/Library

301 LAND08208 O 38 Beach St PPRZ 3,040 0.7 Port Melb. Yacht Club

302 LAND08187 O 70 Beach St PPRZ 5,000 0.7 Bandstand & 2 wc's

303 LAND08200 O 38-40 Beac/field Pde PPRZ 2,700 0.7 Port. Melb. LSC/ Kiosk/WC

304 LAND00058 CCE329 O 10 Centre Ave R1Z 1,100 0.8 Fisherman's Bend Youth Centre

304 LAND00058 CCE329 O 10 Centre Ave Fisherman's Bend Youth Centre

305 LAND00084 O 10 (A) Centre Ave PPRZ 1,300 0.77 Reserve

306 LAND00061 CHS330 O 106 Clarke St R1Z 1,212 0.77 Clarke St. CCC

306 LAND00061 CHS330 O 106 Clarke St Clarke St. CCC

307 LAND00052 O 4 Batman Road PPRZ 6,644 0.7 Fred Jackson Reserve

307 LAND00052 CHS331 O 2 Batman Road PPRZ 3,952 0.7 ADA Mary A'Beckett MCHC

307 LAND00052 CHS331 O 2 Batman Road ADA Mary A'Beckett MCHC

308 LAND00083 O 130 Dunstan Pde PPRZ 11,840 0.7 Buckingham Reserve

309 LAND07814 S&R522 O 140 Dunstan Pde PPRZ 18,600 0.7 RF Julier Reserve/Change Rm/WC

309 LAND07814 S&R522 O 140 Dunstan Pde RF Julier Reserve/Change Rm/WC

310 LAND00065 O 2 Edwards Ave PPRZ 4,000 0.7 Letts Reserve

311 LAND00044 O 219 Esplanade East PPRZ 12,100 0.7 Edwards Park

313 LAND00046 S&R523 O 180 Esplanade West PPRZ 22,400 0.7 Lagoon Reserve-Pavilion

313 LAND00046 S&R523 O 180 Esplanade West Lagoon Reserve-Pavilion

315 LAND00067 O Evans St PPRZ 8,500 0.7 Walter Reserve

316 LAND00076 O Evans St PPRZ 8,611 0.7 Cook Reserve

317 LAND00081 O Evans St PPRZ 2,300 0.7 Turner Reserve

318 LAND00068 O Evans St PPRZ 4,600 0.7 Gill Reserve

319 LAND00069 O Evans St PPRZ 3,600 0.7 Fennell Reserve

320 LAND00075 O 260 Graham St PPRZ 3,464 0.7 Reserve-Next to Overpass

321 LAND00057 RW 220 Heath St R1Z 129.32 2.05 Reserve

322 LAND08214 O Lot 1 / 121 Liardet St B1Z 955.71 1 Carpark- 22 spaces: Ground Floor

323 LAND00074 O 1 Leith Cres PPRZ 2,000 0.7 Reserve

324 LAND08216 RW 50 Liardet St R1Z 1,000 0.78 Street Beautification

325 LAND08238 CCE338 S 81 Liardet St PPRZ 0 1.33 Office: Buildings demolished 2012

326 LAND08855 CCE339 S 85 Liardet St PPRZ 3,705 0.78 Bubup Womindjeka Family and Children's Centre

Page 160: TABLE OF CONTENTS - SPECIFICATION · 2017-11-15 · Contract No: 1910 Title: Provision of Valuation Services 64 3. TENDER FORM AND SCHEDULES 83 3.1 Introduction 84 3.2 Additional

Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

326 LAND08855 CCE339 S 85 Liardet St Bubup Womindjeka Family and Children's Centre

327 LAND00060 OPS506 O 147 Liardet St B1Z 630 1 Former Port Melb. Library Bldg.

328 LAND00070 O 196 Liardet St R1Z 1,800 0.72 Crichton Reserve

329 LAND00043 CML341 S 122 Nott St R1Z 137.9 1.9 Dwelling

329 LAND00043 CML341 S 122 Nott St Dwelling

332 LAND08242 CML342 S 130 Nott St R1Z 142.09 1.9 Dwelling

332 LAND08242 CML342 S 130 Nott St Dwelling

333 LAND08243 CML343 S 132 Nott St R1Z 142.09 1.9 Dwelling

333 LAND08243 CML343 S 132 Nott St Dwelling

334 LAND08244 CML344 S 134 Nott St R1Z 137.97 1.95 Dwelling

334 LAND08244 CML344 S 134 Nott St Dwelling

335 CML345 O 1/144 Nott St 1 Bedroom Unit

336 CML346 O 2/144 Nott St 1 Bedroom Unit

337 LAND00042 CCE347 O 154 Liardet St ( Previously 146 Nott St.) R1Z 1,198 0.77 Liardet Community Centre

337 LAND00042 CCE347 O 154 Liardet St ( Previously 146 Nott St.) Liardet Community Centre

338 LAND00062 CML348 I 174 Nott St R1Z 367 0.98 Liquor Store

338 LAND00062 CML348 I 174 Nott St Liquor Store

339 LAND00053 O 351-351 (A) Williamstown Rd PPRZ 112,450 0.7 JL Murphy Reserve/Pavilions/Anderson Oval

340 LAND00082 O 223 Williamstown Rd CCZ1 11,304 1 Reserve-crn Prohasky St

341 LAND00071 P&G353 O 105 Raglan St PPRZ 290 1 Sangster Reserve- Bk Store

341 LAND00071 P&G353 O 105 Raglan St Sangster Reserve- Bk Store

342 LAND00080 O 1 Ingles St R1Z 600 0.85 Street Beautification

343 LAND00050 O 83-85 Swallow St PPZ1 4,500 0.7 Morris Reserve

344 LAND08188 S&R356 O 130 Spring St West PPRZ 3,212 0.7 Port Melbourne Bowling Club

344 LAND08188 S&R356 O 130 Spring St West Port Melbourne Bowling Club

346 LAND00064 O Station St PPRZ 13,000 0.7 Hester Reserve

347 LAND00063 O Station St PPRZ 8,500 0.7 Smith Reserve

348 LAND07815 O Station St PPRZ 8,371 0.7 Howe Reserve

349 LAND00066 O Station St PPRZ 4,600 0.7 Page Reserve

351 LAND00051 S&R357 O 240 The Boulevard PPRZ 580 0.86 Sandridge LSC

351 LAND00051 S&R357 O 240 The Boulevard Sandridge LSC

353 LAND00072 O 1 Tucker Ave PPRZ 36,498 0.7 Garden City Reserve

354 LAND00077 O 1 Poolman St PPRZ 1000 0.78 Griffin Reserve

355 LAND08193 O 523 Williamstown Rd CCZ1 5,250 1 Works Depot-Office & Nursery

356 LAND00054 O 525 Williamstown Rd PPRZ 34,700 1 Port.Melb. Cricket/Football Club

358 LAND08810 O 50 Park Square CDZ1 2,871 0.7 Park Square Reserve 1

359 LAND08842 O 50 (A) Park Square CDZ1 41 1 Elect Sub-Station Reserve 2

360 LAND08831 O 50 (B) Park Square CDZ1 157 1.77 Plantation Reserve 3

361 LAND08840 O 50 (C) Park Square CDZ1 6,122 0.7 Linear Park Reserve

362 LAND08832 O 50 Australis Circuit CD1Z 2,258 0.7 Reserve

363 LAND08838 O 50 Orcades Mews CDZ1 300 1 Plantation Reserve

364 LAND08834 O 50 Edina Close CDZ1 692 0.825 Reserve

365 LAND08839 O 50 Orion Mews CDZ1 1,900 0.7 Reserve

366 LAND08833 O 100 Beacon Vista CDZ1 7,040 0.7 Beacon Square Park

Page 161: TABLE OF CONTENTS - SPECIFICATION · 2017-11-15 · Contract No: 1910 Title: Provision of Valuation Services 64 3. TENDER FORM AND SCHEDULES 83 3.1 Introduction 84 3.2 Additional

Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

367 LAND08836 O 50 Mariposa Place CDZ1 1,363 0.762 Reserve

368 LAND08845 O 50 Taroona Place CDZ1 200 1.45 Plantation Reserve

369 LAND08837 O 50 Narooma Place CDZ1 220 1.33 Plantation Reserve

370 LAND08844 O 50 Strathaird Mews CDZ1 59 2.7 Plantation Reserve

371 LAND08835 O 50 Ellinis Mews CDZ1 278 1.101 Plantation Reserve

372 LAND08843 O 50 Pier St CDZ1 268 1.138 Plantation Reserve

374 LAND12338 COH396 O 301 Princes St R1Z 705 0.85 15 Self Contained Flats

374 LAND12338 COH396 O 301 Princes St 15 Self Contained Flats

380 O 252 Graham St B1Z

339A O 477 Graham St PPRZ 8093 0.7 Port Melbourne Storage Depot

LAND00089 PTS 425 200 Alma Rd Rear WC Block/Storage

LAND07796 P&G081 329(A) Beac/field Pde Rotunda

LAND07796 P&G082 329(A) Beac/field Pde Shed

LAND07796 PTS083 329(A) Beac/field Pde W.C Block329(A) Beac/field Pde W.C Block/Median Strip

CCE093 O 55(A-B) Blessington St Caretakers residence/officeP&G094 O 55(A-B) Blessington St Open Tiled GarageP&G099 O 55(A-B) Blessington St Storage ShedP&G096 O 55(A-B) Blessington St Change RoomsP&G097 O 55(A-B) Blessington St Bush Home

O 55(A-B) Blessington St OfficeO 55(A-B) Blessington St ToolshedO 55(A-B) Blessington St Garage

P&G536/537 O 55(A-B) Blessington St Glass House/ Boiler HouseP&G529-P&G102 O 55(A-B) Blessington St 3 Rotundas

P&G103 O 55(A-B) Blessington St ConservatoryPTS420 O 55(A-B) Blessington St Toilet BlockLIB148 Basement carpark

OPS500 O 99(A) Carlisle St Town HallOPS500 O 99(A) Carlisle St New officeOPS500 O 99(A) Carlisle St Existing buildingOPS500 O 99(A) Carlisle St carparking-basementOPS500 O 99(A) Carlisle St storage-basementOPS500 O 99(A) Carlisle St StatueOPS500 O 99(A) Carlisle St Portico/Kitchen FitoutOPS500 O 99(A) Carlisle St New 3/s office

LAND12712 99B Carlisle St Basement- ParkingS&R153 O 150/200 Dandenong Rd PavilionPTS154 O 150/200 Dandenong Rd WC Block Alma ParkP&G155 O 150/200 Dandenong Rd RotundaPTS156 O 150/200 Dandenong Rd WC block in Chapel StCML168 Food Preparation BldgS&R163 O 5 Elwood Foreshore Boat StorageS&R169 O Rear 63-71 Grey St Office/KitchenS&R170 O Rear 63-71 Grey St Open ShelterS&R174 O Rear 63-71 Grey St Activities Room

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Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

S&R171 O Rear 63-71 Grey St Plant Nursery

LAND12339 O 1 Depot Lane MUZ 612 0.86 Reserve no.1 depot site

LAND12247 COH454 O 107/ 7 Greeves St MUZ 58 2.8 Subdivided Flat- 1 Br

LAND12247 COH454 O 107/ 7 Greeves St Subdivided Flat- 1 Br

LAND12248 COH455 O 108/ 7 Greeves St MUZ 60 2.7 Subdivided Flat- 1 Br

LAND12248 COH455 O 108/ 7 Greeves St Subdivided Flat- 1 Br

LAND12249 COH456 O 109/ 7 Greeves St MUZ 63 2.6 Subdivided Flat- 1 Br-O/C/S

LAND12249 COH456 O 109/ 7 Greeves St Subdivided Flat- 1 Br-O/C/S

LAND12250 COH457 O 212/ 7 Greeves St MUZ 62 2.65 Subdivided Flat- 1 Br

LAND12250 COH457 O 212/ 7 Greeves St Subdivided Flat- 1 Br

LAND12251 COH458 O 213/ 7 Greeves St MUZ 66 2.5 Subdivided Flat- 1 Br

LAND12251 COH458 O 213/ 7 Greeves St Subdivided Flat- 1 Br

LAND12252 COH459 O 214/ 7 Greeves St MUZ 81 2.5 Subdivided Flat- 2 Br-O/U

LAND12252 COH459 O 214/ 7 Greeves St Subdivided Flat- 2 Br-O/U

LAND12253 COH460 O 215/ 7 Greeves St MUZ 60 2.7 Subdivided Flat- 1 Br

LAND12253 COH460 O 215/ 7 Greeves St Subdivided Flat- 1 Br

LAND12254 COH461 O 216/ 7 Greeves St MUZ 86 2.4 Subdivided Flat- 2 Br-O/U

LAND12254 COH461 O 216/ 7 Greeves St Subdivided Flat- 2 Br-O/U

LAND12255 COH462 O 312/ 7 Greeves St MUZ 62 2.65 Subdivided Flat- 1 Br

LAND12255 COH462 O 312/ 7 Greeves St Subdivided Flat- 1 Br

LAND12256 COH463 O 313/ 7 Greeves St MUZ 66 2.5 Subdivided Flat- 1 Br

LAND12256 COH463 O Subdivided Flat- 1 Br

LAND12257 COH464 O 314/ 7 Greeves St MUZ 81 2.5 Subdivided Flat- 2 Br-O/C/S

LAND12257 COH464 O 314/ 7 Greeves St Subdivided Flat- 2 Br-O/C/S

LAND12258 COH465 O 315/ 7 Greeves St MUZ 60 2.7 Subdivided Flat- 1 Br

LAND12258 COH465 O 315/ 7 Greeves St Subdivided Flat- 1 Br

LAND12259 COH466 O 316/ 7 Greeves St MUZ 86 2.35 Subdivided Flat- 2 Br-O/C/S

LAND12259 COH466 O 316/ 7 Greeves St Subdivided Flat- 2 Br-O/C/S

LAND12260 COH467 O 412/ 7 Greeves St MUZ 62 2.65 Subdivided Flat- 1 Br

LAND12260 COH467 O 412/ 7 Greeves St Subdivided Flat- 1 Br

LAND12261 COH468 O 413/ 7 Greeves St MUZ 64 2.55 Subdivided Flat- 1 Br

LAND12261 COH468 O 413/ 7 Greeves St Subdivided Flat- 1 BrO 101/ 3 Greeves St MUZ 94 2.35 Subdivided Flat- 2 BrO 101/ 3 Greeves St Subdivided Flat- 2 BrO 102/ 3 Greeves St MUZ 61 2.65 Subdivided Flat- 1 BrO 102/ 3 Greeves St Subdivided Flat- 1 BrO 106/ 3 Greeves St MUZ 57 2.85 Subdivided Flat- 1 BrO 106/ 3 Greeves St Subdivided Flat- 1 BrO 107/ 3 Greeves St MUZ 89 2.3 Subdivided Flat- 2 BrO 107/ 3 Greeves St Subdivided Flat- 2 BrO 108/ 3 Greeves St MUZ 87 2.35 Subdivided Flat- 2 BrO 108/ 3 Greeves St Subdivided Flat- 2 BrO 202/ 3 Greeves St MUZ 61 2.65 Subdivided Flat- 1 BrO 202/ 3 Greeves St Subdivided Flat- 1 BrO 207/ 3 Greeves St MUZ 89 2.3 Subdivided Flat- 2 BrO 207/ 3 Greeves St Subdivided Flat- 2 Br

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Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

O 208/ 3 Greeves St MUZ 87 2.35 Subdivided Flat- 2 BrO 208/ 3 Greeves St Subdivided Flat- 2 BrO 302/ 3 Greeves St MUZ 61 2.65 Subdivided Flat- 1 BrO 302/ 3 Greeves St Subdivided Flat- 1 BrO 307/ 3 Greeves St MUZ 89 2.3 Subdivided Flat- 2 BrO 307/ 3 Greeves St Subdivided Flat- 2 BrO 308/ 3 Greeves St MUZ 87 2.35 Subdivided Flat- 2 BrO 308/ 3 Greeves StO 405/ 3 Greeves St MUZ 105 2.2 Subdivided Flat- 3 BrO 405/ 3 Greeves St Subdivided Flat- 3 BrO 408/ 3 Greeves St MUZ 123 2.1 Subdivided Flat- 4 Br

CML179 I 6 Jacka Boulevard Shelter ( rear of kiosk)P&G180 O 8 Jacka Boulevard Carpark- 460 spacesS&R178 I 2 Jacka Boulevard Boatshed

LAND08259 O 10 Lower Esp- Demolished PPRZ 4,218 0.7 Palace NightClub-Demolished: Now Commercial Carpark

LAND08258 CML541 O 14 Lower Esp PPRZ 4,021 0.7 Palais Theatre

LAND08258 CML541 O 14 Lower Esp Palais TheatreCML541 O 14 Lower Esp Stage/Rear Double storey section/rear single storey

Plant & EquipmentP&G188 O 1 Lower Esp Tram SheltersP&G189 O 1 Lower Esp Clock Tower/ClockPTS190 O 1 Lower Esp WC

O 23P Marine Parade PPRZ 60 2.7 WC Block at Skate parkO 23P Marine Parade WC Block at Skate park

CML191 I 42-54A Marine Pde Service StationCML191 I 42-54A Marine Pde Marina- Dry Pens-174 spacesCML191 I 42-54A Marine Pde Marina-Wet Pens-248 spacesPTS192 I 42-54A Marine Pde WC Block/Roof deckCML193 I 42-54A Marine Pde Riva RestaurantCML194 I 42-54A Marine Pde Great Provider RestaurantCML195 I 42-54A Marine Pde WorkshopCCE519 I 63(A-B) Ormond Esp Elwood Beach House/ La PorchettaCCE519 I 63(A-B) Ormond Esp Lady Forster KindergartenPTS211 I 63(A-B) Ormond Esp WC Block/OfficeS&R214 O 69(A) Ormond Esp Tennis Courts/ TowersS&R217 O 135(A) Ormond Esp 4 Timber SheltersS&R217 O 135(A) Ormond Esp Storage shed/WCPTS421 O 9(A) Ormond Esp Wc BlockCOH528 O (1-11)/1(B) Tiuna Gve R1Z 11 FlatsCHS513 O 18 Poets Gve PUZ2 2340 0.7 Elwood Child Care Centre

O 3 Albion St R1Z 1,387 0.762 Community HousingO 50 Barkly St R1Z 1,615 0.74 Chelmsford-Community Housing: 37 RoomsO 2 Enfield St R1Z 1,444 0.76 Community Housing: 35 Self Contained FlatsO 52 Barkly St R1Z 1,770 0.74

Front Bldg:Pyrmont- Comm. Housing: 18 Rooms

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Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

Rear Bldg:Pyrmont- Comm. Housing: 17 RoomsOPS502 O 208-220 Bank St OfficeOPS502 O 208-220 Bank St Main HallOPS502 O 208-220 Bank St GalleryOPS502 O 208-220 Bank St Supper RoomOPS502 O 208-220 Bank St EngineersOPS502 O 208-220 Bank St otherOPS502 O 208-220 Bank St Prep/ Ext.Painting/Clock Rest.OPS248 O 222-228 Bank St CarparkPTS084 O 311(A)Bea/field Pde 2 Timber period sheltersPTS518 O 255A Beaconsfield Parade WC Building / 2 water catchment tanksPTS518 O 255A Beaconsfield Parade Ornate screeningCML252 I 129(A) Beac/field Pde Café/Kiosk PTS410 I 129(A) Beac/field Pde WCS&R253 O 129 (B) Beac/field Pde ClubroomsS&R253 O 129 (B) Beac/field Pde Decking/RampsS&R253 O 129 (B) Beac/field Pde Basement Boat Storage

LAND08231 CML254 O 175(C) Bea/field Pde PPRZ 80 2.7 Male/ Female Change rooms/ WC's

LAND08231 CML254 O 175(C) Bea/field Pde Male/ Female Change rooms/ WC's MKT505 I 116-136 Cecil St Part A-General Market Area/Admin Office/LiftMKT505 I 116-136 Cecil St Part B- Service AreaMKT505 I 116-136 Cecil St Part C- Food HallMKT505 I 116-136 Cecil St Carpark- Roof TopMKT506 SEC Electrical Sub-Station ( within gnd floor carpark)

Roof- Built in 2013CHS278 O 328-332 Coventry St StoreroomS&R303 O 211 (A) Dorcas St Bldg 1:Office/ KitchenS&R303 O 211 (A) Dorcas St Bldg 3: ToolshedS&R583 O 211 (A) Dorcas St Bldg 4: The Vault Steel ContainersART289 O 1-35 Graham St Bldg 1:Sculpture StudioART290 O 1-35 Graham St Bldg 2: Arts & CraftART291 O 1-35 Graham St Bldg 3: Ceramics StudioART292 O 1-35 Graham St Bldg 4: Textile Studios*3ART293 O 1-35 Graham St Bldg 5 : Gatehouse BldgART294 O 1-35 Graham St Bldg 6: Anthill OfficeART295 O 1-35 Graham St Bldg 7: Theatre Hall & RehearsalART296 O 1-35 Graham St Bldg 9 & 10:Admin.Office/ StudioART297 O 1-35 Graham St Bldg 11: Red Brick/SubstationART298 O 1-35 Graham St Public ToiletsART298 O 1-35 Graham St Café/ TerraceART297 O 1-35 Graham St Brick perimeter wall/fenceAGE304 O 179-197 Napier St 3/S Modern WingPTS411 O 141 Park St WC BlockPTS411 O 141 Park St Open ShelterCCE307 O 254-256 Richardson St Library/Child CareCCE307 O 254-256 Richardson St Community Centre

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Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

S&R515 O 1-3/0 St Vincent Place South (WC's/Tennis Club Pav.)S&R515 O 1-3/0 St Vincent Place South 2 Tennis Crts/Bowling GreensS&R286 O 1-3/0 St Vincent Place South (WC's/Bowling Club Pav.)P&G288 O 1-3/0 St Vincent Place South (Rotunda)PT S516 O 1-3/0 St Vincent Place South Female WC'sOPS311 O 56-78 White St Control OfficeOPS531 O 56-78 White St Storeroom/WCOPS530 O 56-78 White St Portable OfficesOPS313 O 56-78 White St Transfer StationOPS314 O 69 White St WorkshopOPS514 O 69 White St Indoor StoreOPS316 O 69 White St Open ShedOPS317 O 69 White St CanopyOPS318 O 69 White St OfficeOPS513 O 69 White St Portable Office A: (Meeting Room)OPS320 O 69 White St Portable Office B: (Lunch Room)OPS319 O 69 White St Portable Office C: (Gym)

LAND12710 O 52 St Vincent St R1Z 139 1.95 Reserve

LAND08850 O 26-34 Emerald Hill Place R1Z 481 0.93 ReserveOPS321 0 333 Bay St ExistingOPS321 0 333 Bay St NewOPS321 0 333 Bay St Clock Tower/SandblastingS&R325 O 38 Beach St ClubroomsS&R527 O 38 Beach St BoatshedsS&R527 O 38 Beach St Male & Female AmenitiesP&G328 O 70 Beach St Rotunda/BandstandPTS402 O 70 Beach St Male WCPTS327 O 70 Beach St Female WCS&R328 O 38-40 Beac/field Pde Port. Melb. LSCS&R328 O 38-40 Beac/field Pde KioskPTS401 O 38-40 Beac/field Pde Male/Female WCCCE333 O 219 Esplanade East Elderly Citizens ClubPTS334 O 219 Esplanade East Toilet Block

LAND012711 CHS515 O 186 Esplanade West PPRZ 0 0.7 Lady Forster Kindergarten-Building Demolished 2012CHS514 O 415 (A) Graham St PUZ2 300 1 Family & Children's HubOPS506 O 147 Liardet St Gnd Floor: SupermarketOPS506 O 147 Liardet St First Floor: Office

Lot 2 / 121 Liardet St Community Housing: 27 Self Contained Flats above carpark41 Farrell St 6 Self contained Flats( Port Phillip Housing )

LAND08245 O 1 & 2 / 144 Nott St R1Z 142.14 1.9

LAND08848 O 25A Princes St CDZ1 157 1.77 Plantation ReserveS&R508 O 83-85 Swallow St Port Tennis Club Pavilion/StoreroomS&R508 O 83-85 Swallow St WC

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Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

S&R508 O 83-85 Swallow St Tennis Courts/LightingS&R358 O 240 The Boulevard Dressing Sheds (Male and female)

LAND00849 PTS 519 O 250 The Boulevard PPRZ 100 2.3 WC Building

LAND00849 PTS 519 O 250 The Boulevard WC Building O 230 The Boulevard PPRZ 61836 0.7 Perc White Reserve

CCE359 O 1 Tucker Ave Sandridge Trugo ClubroomsCCE359 O 1 Tucker Ave Trugo Wood Shed

S & R 543 O 1 Tucker Ave Hobsons Bay Obedience Dog Club Inc ( Portable Office)S & R 544 O 1 Tucker Ave Storage Shed

LAND00847 O 28 Webb Road R1Z 411 0.96 Plantation ReserveCCE392 O 523 Williamstown Rd OfficeOPS394 O 523 Williamstown Rd Portable Lunch Room (A)OPS390 O 523 Williamstown Rd Workshop (B) ( Simpsons/ Spray Booth)CCE388 O 523 Williamstown Rd Storerooms D (SES)CML 387 O 523 Williamstown Rd Brick Shed EOPS391 O 523 Williamstown Rd Storerooms F (SES)CML386 O 523 Williamstown Rd Office/Canopy Area (Nursery)CML 384 O 523 Williamstown Rd Nursery Glasshouse 1CML385 O 523 Williamstown Rd Nursery Glasshouse 2S&R349 O 351-351 (A) Williamstown Rd Port Melb. Soccer Club pavilionS&R507 O 351-351 (A) Williamstown Rd Anderson oval pavilions/WC'sS&R507 O 351-351 (A) Williamstown Rd Open Canopy Area

O 477 Graham St Portable Office ( occupied by City Wide )O 477 Graham St Portable Office: Lunch Room ( occupied by City Wide )O 477 Graham St Open Storage Shed ( Occupied by City Wide)

P&G533 O 477 Graham St Storage Shed ( Fronting Graham St)S&R372 O 525 Williamstown Rd Bldg 1: Open Storage ShedS&R371 O 525 Williamstown Rd Bldg 2: Administration OfficeS&R367 O 525 Williamstown Rd Bldg 3: Portable OfficeS&R373 O 525 Williamstown Rd Bldg 4: Storeroom ( behind Grandstand)S&R370 O 525 Williamstown Rd Bldg 5: Male & Female Toilets ( behind Grandstand)S&R363 O 525 Williamstown Rd Bldg 6: Grandstand (cap 1264) Norm Goss StandS&R363 O 525 Williamstown Rd Bldg 7: Changebox (inner front of grandstand)S&R368 O 525 Williamstown Rd Bldg 8: Dressing Rooms & Coaches BoxesS&R369 O 525 Williamstown Rd Bldg 9 : Small GrandstandS&R383 O 525 Williamstown Rd Bldg 10 : Scoreboard (Ingles St)S&R382 O 525 Williamstown Rd Bldg 11: Male & Female Toilets (ingles St)S&R364 O 525 Williamstown Rd Bldg 12: Coaches Box 1 ( ingles St)S&R366 O 525 Williamstown Rd Bldg 13 : Coaches Box 2 ( ingles St)S&R380 O 525 Williamstown Rd Bldg 14:Turnstiles (ingles St)S&R381 O 525 Williamstown Rd Bldg 15:Turnstiles(Will/town Rd)S&R375 O 525 Williamstown Rd Bldg 16: Male & Female Toilets/Store ( Will/town Road)S&R378 O 525 Williamstown Rd Bldg 17: Kiosk 2 ( Portable)S&R365 O 525 Williamstown Rd Bldg 18: Tickets/Turnstiles/Kiosk 1 (Will/town Road)

LAND08854 CML 544 O 9 Waterfront Place 2CDZ1 1,100 0.7 Station Pier Restaurant 3: "No. 3 Station Pier Restaurant"

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Port Phillip City Council - Assets

Asset Number Land NumberBuilding Number

Property Class-Use Address Zoning

Land Area

Size Factor Site Use

LAND08854 CML 544 O 9 Waterfront Place Station Pier Restaurant 3: "No. 3 Station Pier Restaurant"

LAND08853 CML 543 O 11 Waterfront Place 2CDZ1 1,100 0.7 Station Pier Restaurant 2: "Hollyholk Restaurant"

LAND08853 CML 543 O 11 Waterfront Place Station Pier Restaurant 2: "Hollyholk Restaurant"

LAND08852 CML 542 O 13 Waterfront Place 2CDZ1 1,228 0.7 Station Pier Restaurant 1: "Waterfront Restaurant"

LAND08852 CML 542 O 13 Waterfront Place Station Pier Restaurant 1: "Waterfront Restaurant"O 2 Centenary Drive R1Z 1,787 0.7 Centenary Park

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ADDENDUM 03 Tender No: 1910 Tender Name: Provision of Valuation Services Date: 21 October 2014 Additional information to be received as Addendum Number 03

SMG by Classification – Rateable and Non Rateable Assessments Please refer to the following tables: SMG by CLASSIFICATION – RATEABLE ASSESSMENTS

SMG CODE SMG DESCRIPTION Classification Count of Assess

1PORTB PORT MELB-NH 1, 2, 3-B1 B2 ZONES Commercial 595 1PORTB PORT MELB-NH 1, 2, 3-B1 B2 ZONES Industrial 172 1PORTB PORT MELB-NH 1, 2, 3-B1 B2 ZONES Residential 1 1PORTC PORT MELB-NH 1, 2, 3-COMM Commercial 32 1PORTC PORT MELB-NH 1, 2, 3-COMM Industrial 213 1PORTF PORT MELB-NH 1, 2, 3-INVFLATS Commercial 1 1PORTF PORT MELB-NH 1, 2, 3-INVFLATS Residential 658 1PORTI PORT MELB-NH 1, 2, 3-IND Commercial 8 1PORTI PORT MELB-NH 1, 2, 3-IND Industrial 4 1PORTO PORT MELB-NH 1, 2, 3-OYOS Residential 1526 1PORTR PORT MELB-NH 1, 2, 3-RESI Residential 3411 2SOUTHB SOUTH MELB-NH 4, 5, 6-B1 B2 ZONES Commercial 759 2SOUTHB SOUTH MELB-NH 4, 5, 6-B1 B2 ZONES Industrial 41 2SOUTHC SOUTH MELB-NH 4, 5, 6-COMM Commercial 560 2SOUTHC SOUTH MELB-NH 4, 5, 6-COMM Industrial 242 2SOUTHF SOUTH MELB-NH 4, 5, 6-INVFLATS Commercial 11 2SOUTHF SOUTH MELB-NH 4, 5, 6-INVFLATS Residential 1250 2SOUTHI SOUTH MELB-NH 4, 5, 6-INV Commercial 246 2SOUTHI SOUTH MELB-NH 4, 5, 6-INV Industrial 111 2SOUTHO SOUTH MELB-NH 4, 5, 6-OYOS Residential 1253 2SOUTHR SOUTH MELB-NH 4, 5, 6-RESI Commercial 5 2SOUTHR SOUTH MELB-NH 4, 5, 6-RESI Residential 5572 3STKB ST KILDA-NH 7-13-B1 B2 ZONES Commercial 2066 3STKB ST KILDA-NH 7-13-B1 B2 ZONES Industrial 95 3STKB ST KILDA-NH 7-13-B1 B2 ZONES Residential 9

3STKCI ST KILDA-NH 7, 8, 9. 10, 11, 12, 13-COMM & IND

Commercial 10

3STKCI ST KILDA-NH 7, 8, 9. 10, 11, 12, 13-COMM & IND

Industrial 25

3STKF ST KILDA-NH 7-13-INVFLATS Commercial 12 3STKF ST KILDA-NH 7-13-INVFLATS Residential 3742

3STKO ST KILDA-NH 7, 8, 9. 10, 11, 12, 13-OYOS

Commercial 154

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SMG by CLASSIFICATION – RATEABLE ASSESSMENTS

SMG CODE SMG DESCRIPTION Classification Count of Assess

3STKO ST KILDA-NH 7, 8, 9. 10, 11, 12, 13-OYOS

Residential 17312

3STKR ST KILDA-NH 7-13-RESI Commercial 21 3STKR ST KILDA-NH 7-13-RESI Residential 5917 4MELB MELB-NH 16 Commercial 1986 4MELB MELB-NH 16 Industrial 10 4MELB MELB-NH 16 Residential 8731 4MELBF MELB/WINDSOR-NH 15, 16-INVFLATS Commercial 15 4MELBF MELB/WINDSOR-NH 15, 16-INVFLATS Residential 182 5FORECI FORESHORE-NH 17, 18-COMM & IND Commercial 18 5FOREF FORESHORE-NH 17, 18-INVFLATS Residential 174 5FOREO FORESHORE-NH 17, 18-OYOS Residential 2714 5FORER FORESHORE-NH 17, 18-RESI Commercial 1 5FORER FORESHORE-NH 17, 18-RESI Residential 214

ALLCINON WHOLE MUNICIPALITY-C&I ZONES-NON-CONFORMING USE

Commercial 148

ALLCINON WHOLE MUNICIPALITY-C&I ZONES-NON-CONFORMING USE

Industrial 1

ALLCINON WHOLE MUNICIPALITY-C&I ZONES-NON-CONFORMING USE

Residential 7337

ALLPBLIC WHOLE MUNICIPALITY-PUBLIC USE AND PURPOSE ZONES

Commercial 66

ALLPBLIC WHOLE MUNICIPALITY-PUBLIC USE AND PURPOSE ZONES

Industrial 15

ALLPBLIC WHOLE MUNICIPALITY-PUBLIC USE AND PURPOSE ZONES

Residential 4

ALLRSNON WHOLE MUNICIPALITY-RES ZONES-NON-CONFORMING USE

Commercial 258

ALLRSNON WHOLE MUNICIPALITY-RES ZONES-NON-CONFORMING USE

Industrial 48

ALLRSNON WHOLE MUNICIPALITY-RES ZONES-NON-CONFORMING USE

Residential 33

DUPLEX/P DUPLEX PAIRS (UNITS) Residential 353 Grand Total 68342

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SMG by CLASSIFICATION – NON RATEABLE ASSESSMENTS

SMG CODE SMG DESCRIPTION Classification Count of Assess

1PORTB PORT MELB-NH 1, 2, 3-B1 B2 ZONES Commercial 8 Industrial 3

1PORTC PORT MELB-NH 1, 2, 3-COMM Commercial 2 1PORTR PORT MELB-NH 1, 2, 3-RESI Commercial 5

Residential 2

2SOUTHB SOUTH MELB-NH 4, 5, 6-B1 B2 ZONES Commercial 9

Industrial 1 2SOUTHC SOUTH MELB-NH 4, 5, 6-COMM Commercial 1

Industrial 6 2SOUTHF SOUTH MELB-NH 4, 5, 6-INVFLATS Residential 1 2SOUTHI SOUTH MELB-NH 4, 5, 6-INV Commercial 4

Industrial 4 2SOUTHR SOUTH MELB-NH 4, 5, 6-RESI Commercial 5

Residential 5 3STKB ST KILDA-NH 7-13-B1 B2 ZONES Commercial 30

Industrial 4 3STKF ST KILDA-NH 7-13-INVFLATS Residential 51

3STKO ST KILDA-NH 7, 8, 9. 10, 11, 12, 13-OYOS Residential 1

3STKR ST KILDA-NH 7-13-RESI Commercial 28 Residential 8

4MELB MELB-NH 16 Commercial 6 Residential 1

5FORECI FORESHORE-NH 17, 18-COMM & INDCommercial 1 5FORER FORESHORE-NH 17, 18-RESI Commercial 1

ALLCINON WHOLE MUNICIPALITY-C&I ZONES-NON-CONFORMING USE Commercial 1

ALLPBLIC WHOLE MUNICIPALITY-PUBLIC USE AND PURPOSE ZONES Commercial 185

Industrial 4 Residential 1

ALLRSNON WHOLE MUNICIPALITY-RES ZONES-NON-CONFORMING USE Commercial 117

Industrial 8 Residential 6

DUPLEX/P DUPLEX PAIRS (UNITS) Residential 2 Grand Total 511