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One unique offering here is a value history, showing an estimate of how the home’s value has changed over the past 20 years. You can also use the tool to compare the property to similar homes in ...
In some jurisdictions, the assessed value is meant to equal the market value of a property. In other areas, the market value is multiplied by an assessment ratio to arrive at the assessed value. Once a tax assessor determines the assessed value, it is multiplied by a tax rate, called a "mill rate," to arrive at the amount of the property tax. [1]
This is unfortunate for one of the two parties. It is the obligation of a real property appraiser to estimate the true market value of a property and not its market price. Frequently, properties are assessed at a value below their market values; this is known as fractional assessment. [5]
The Australian property market comprises the trade of land and its permanent fixtures located within Australia. The average Australian property price grew 0.5% per year from 1890 to 1990 after inflation, [1] however rose from 1990 to 2017 at a faster rate. House prices in Australia receive considerable attention from the media and the Reserve ...
The Valuer-General of South Australia is an independent officer in charge of property valuations and oversees government property valuations and council rate valuation. [3] The Valuer-General provides valuation advice to all parts of the Government of South Australia as well as engaging with the private industry valuations. The Office of the ...
NSW Land Registry Services (NSW LRS) is the business name of Australian Registry Investments (ARI), the operator of land titling and registry services in the Australian state of New South Wales. [1] It is responsible for the state's land titles and property information and operates a registry under a 35-year concession with the Government of ...
In 1988 the State Archives became a separate directorate within the Library and Information Service of Western Australia (LISWA) and in 1990 a Records Management Branch, (now called Recordkeeping Services), was established to enable more active engagement in records management matters at both state and local government levels. In 1995 the State ...
The Australian National Audit Office (ANAO) is the supreme audit institution of Australia, functioning as the national auditor for the Parliament of Australia and Government of Australia. It reports directly to the Australian Parliament via the Speaker of the House of Representatives and the President of the Senate.