Strathbogie Shire Council

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Property boom expected with "rates freeze"

Thursday, May 4, 2017

In a bold new move that is sure to get property investors excited, the Strathbogie Shire is proposing a two year rate free exemption for eligible first home buyers, in its draft Council Plan and Budget released for public exhibition yesterday (Tuesday, May 2nd, 2017).

Fresh out of its "Let’s Talk" community consultation program, the Strathbogie Shire is now keen to show its local community that it has listened to all feedback received during the program and is building a plan for the future that is both balanced and representative of the wants and needs of its municipality.

Strathbogie Mayor Amanda McClaren said the "the two year ‘rate freeze’ for first home buyers is all part of a wider strategic plan to reinvigorate the Shire, through the attraction of new residents and industry."

"Remaining consistent with the Fair Go Rate Capping System of no more than two per cent rate increases, this 2017/18 Draft Budget is also expected to provide a significant boost to our local community with $24.9 million to be spent on services such as Libraries and Arts, Maternal and Child Health, Emergency Management, Tourism and Events, Planning and more," said Cr McClaren.

The Strathbogie Shire will also roll out of a $13.08 million Capital Works Program with the following highlights:

 Roads ($5.94 million) – resealing, re-sheeting and rehabilitation

 Bridges ($2.44 million)

 Drainage ($1.26 million)

 Footpaths ($0.186 million)

 Buildings ($1.412 million)

 Plant and machinery ($0.98 million)

Cr McClaren went on to say that "further improvements to road safety within the Shire are also proposed, with plans to move some of the least maintained/unsealed roads within the Shire to an increased maintenance program."

"This item is part of the direct feedback received in our Let’s Talk – We are Listening Campaign. Council received a comprehensive wish list of items in need of attention by residents and ratepayers," she said.

The draft Council Plan, if implemented, will see a series of strategic plans be acted upon over the next four years.

Both draft documents are now available for you to provide feedback and can be accessed online at the Strathbogie Shire website or at the Council Office in Euroa.

The public exhibition period for both documents closes at 5pm on Tuesday, June 6, 2017, with Council hearing submissions at a Special Council Meeting on Tuesday, June 13, 2017 at 5pm.

Both documents will be formally adopted at a final Special Meeting on Tuesday, June 27 at 5pm.

click here to view the Draft Council Plan, while the Draft Budget can be found here.

Further Detail on "Two Year Rates Freeze for New Home Buyers"

 No rates payable for the first two years

 Proof of eligibility for and receipt of State First Home Buyers Grant ($20,000) to be provided

 Land must be rated as vacant residential land if a house does not exist on it

 House must be constructed within a period of two years from date of contract to purchase

 In the case where a First Home Buyer acquires a new house, Council would excuse those rates for a two year period.




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