Strathbogie Shire Council

Tel: 1800 065 993

Rates Holiday

Rates Holiday for First Home Buyers

In a bid to attract new residents to Strathbogie Shire, Council has committed to grant a full rebate of two years rates for people eligible for the State's First Home Buyers Grant.

Adopted in Council's 2017-18 Budget on 27 June, 2017, eligible residents will receive a waiver of their general rate and the municipal charge for a two year period.

At a glance

Strathbogie Shire Council has a large area of 330,326 hectaries, however we only have just over 10,000 residents across the Shire.

Within this area, we have to maintain:

  • 2522 km of road
  • 507 bridges and culverts
  • 174 buildings and halls

Sixty-five per cent of Council's budget goes towards maintenance and infrastructure.

To share the ever-increasing cost load, we need to grow and attract new residents.

 

Eligibility

For properties to be eligible for Council's Rates Holiday, they need to have been purchased after 1 July 2017, which is when the Rates Holiday commenced.

  • Proof of approval for the State Government's First Home Buyers Grant (now $20,000 after 1 July, 2017) to be provided.
  • Council will excuse the rates and municipal charge for a period of two years from commencement of the first full financial year in which the rates are payable by the new owner/s.

The First Home Buyers Grant is generally granted:

  1. For a newly built home sold for the first time - applied from the date of contract of purchase.
  2. For a house and land package - applied from date of contract of purchase.
  3. For a vacant block which new home is to be built - applied from the date of contract to build house.
  4. Maximum value of property is $750,000

 

Proposed savings

Waiver of the general rate for two years.

Waiver of the Municipal Charge ($266) for two years.

  • On a new house purchased by eligible residents with a valuation of $300,000 (Capital Improved Value) the total rates saved by the property owner/s over the two years is approximately $3,730
  • On a new house purchased by eligible residents with a valuation of $200,000 (Capital Improved Value) the total rates saved by the property owner/s over the two years is approximately $2,670
  • On a vacant block purchased by eligible residents with a valuation of $100,000 (Capital Improved Value) the total rates saved by the property owner/s over the two years is approximately $2,400

What charges will I still pay for?

  • Waste Service Charges will still apply for those receiving a service. This will be $515 for a weekly organic service and fortnightly recycling and garbage (120 litre bin). NOTE: This charge will only apply when the new home is completed.
  • Tree Management Service Charge of $26
  • Fire Services Levy will still apply - this is collected on behalf of the State Government to support the state's fire services. NOTE: This is calculated using property valutaion and land use details.

 



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