How your rates are calculated

To meet the rate cap of 2.75% for 2024–2025 Council has set a rate in the dollar of 0.3105 cents for Maryborough residential rate properties.

This figure is then multiplied by the Capital Improved Value (CIV) of each property to determine how much the property owner will pay.

An example of the general rates calculation for a residential property in Maryborough with a valuation of $300,000 would be: $300,000 × $0.003105 = $931.50 (excluding waste charges, the municipal charge and the Fire Services Property Levy) 

To find out more about rates, read our How your contribution counts brochure(PDF, 7MB).

What are differential rates?

The Shire has seven differential rates as shown in the table below: 

Rate type

Cents in the dollar (2024/2025)

Residential rate - Maryborough 

0.3105

Residential rate - other

0.2807

Vacant Land – Maryborough

0.3943

Commercial – Maryborough

0.4968

Commercial – other

0.4373

Industrial

0.3416

Farm Land

0.2484

 

Please refer to the Central Goldfields Shire Revenue and Rating Plan 2021-2025 for more information