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Published: 19 May 2023
Each year we check and adjust the value of your assessable real estate as changes can affect your payment rate.
Your assessable real estate doesn’t include your principal home.
When we check the value, we make adjustments in line with the property’s local market conditions.
The value we use may not be the same as the value you see on your rates notice.
Read more about how we work out the valuation of your properties.
This information was printed 31 May 2023 from https://www.servicesaustralia.gov.au/how-real-estate-can-affect-your-payment-rate. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/site-notices when using this material.