1362.6 - Regional Statistics, Tasmania, 2005  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 21/01/2005   
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Contents >> Local government finance >> Property valuations

At 1 July 2003 there were 242,708 registered properties in Tasmania. These properties had a total capital value, as estimated by the Office of the Valuer General, of $30,884 million.

At 1 July 2003, the total capital value of registered properties in local government areas in the Greater Hobart-Southern Region ($16,504 million) was greater than the capital value of the Northern Region ($8,098 million) and Mersey-Lyell Region ($6,283 million) combined.


PROPERTY VALUATIONS, Tasmanian local government areas - 1 July 2003
Roll entries(a)
Land value(b)
Capital value(c)
Assessed
annual value(d)
Year of
proclamation(e)

Local government area

no.

$'000

$'000

$'000

year
Greater Hobart-Southern
Brighton
5,419
127,852
464,633
34,424
2000
Central Highlands
3,688
163,949
310,647
13,859
1996
Clarence
21,543
1,059,195
2,924,490
189,217
2001
Derwent Valley
4,534
137,695
454,503
31,335
1998
Glamorgan/Spring Bay
4,930
205,511
447,318
23,304
1999
Glenorchy
19,707
626,000
2,180,672
180,834
1999
Hobart
22,236
1,881,778
5,445,331
366,654
2002
Huon Valley
8,466
308,721
841,560
44,912
2003
Kingborough
13,961
813,517
2,205,026
119,090
2003
Sorell
7,558
228,279
589,517
38,032
1998
Southern Midlands
3,366
201,365
425,492
20,284
2002
Tasman
3,064
104,146
214,597
11,328
1999
Total(f)(g)
118,472
5,858,008
16,503,786
1,073,273
. .

Northern
Break O'Day
5,759
180,253
429,462
23,298
2001
Dorset
4,807
259,010
546,237
27,869
1998
Flinders
1,211
43,867
92,295
4,093
1999
George Town
3,977
104,182
378,586
23,626
2000
Launceston
28,198
1,013,026
3,701,885
282,149
1997
Meander Valley
8,936
378,966
1,084,992
65,221
1999
Northern Midlands
6,085
312,095
795,773
44,825
2000
West Tamar
10,030
330,042
1,068,351
63,056
2001
Total(f)(g)
69,003
2,621,440
8,097,581
534,138
. .

Mersey-Lyell
Burnie
8,965
345,727
1,150,407
77,745
2003
Central Coast
9,681
383,599
1,061,571
64,565
2000
Circular Head
4,688
322,948
657,232
35,166
2000
Devonport
11,066
410,030
1,317,633
100,944
1997
Kentish
3,181
142,716
337,251
17,451
1995
King Island
1,512
110,747
203,682
10,459
1998
Latrobe
4,646
263,110
643,619
33,897
2003
Waratah/Wynyard
7,017
290,635
729,189
42,764
1998
West Coast
4,477
27,351
182,335
19,121
1997
Total(f)(g)
55,233
2,296,863
6,282,919
402,113
. .

Tasmania(f)(g)

242,708

10,776,311

30,884,286

2,009,524

. .
. . not applicable
(a) The number of properties in each local government area.
(b) The capital value less a deduction for visible improvements. In the case of vacant land it is based on sales.
(c) The capital sum which a property might be expected to realise if offered for sale on reasonable terms and conditions.
(d) The gross annual income a person owning land might reasonably expect to obtain by letting it to a tenant upon reasonable terms and conditions.
(e) The year in which the values are effective for rates and taxes.
(f) Due to rounding, differences may occur between sums of components and totals.
(g) Totals in this table should be used with caution as they are calculated from values proclaimed for different years.

Source: Office of the Valuer General.




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