Note 14

Investment Properties

Note 14

Postby PortStephens on Thu May 31, 2012 3:21 pm

Per the Code:
'The Division of Local Government has determined that investment properties are to be valued at ‘fair value’ in all cases. Also, that full revaluations should be done every three years with an appropriate index to be applied each year between the full revaluations.'

Does anyone have a suggestion of which index would be appropriate?

Regards,
Mia
(Port Stephens Council)
PortStephens
 
Posts: 1
Joined: Thu May 31, 2012 2:57 pm


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