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Connie Spinoso and Terry Maguire Valuer-General Victoria

Explore the benefits of valuation data & spatial mapping in Victoria for strategic planning, property analysis, rate modeling, and communication strategies. Learn about the uses, outcomes, and best practices in valuation processes and mapping systems.

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Connie Spinoso and Terry Maguire Valuer-General Victoria

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Presentation Transcript

  1. Connie Spinoso and Terry Maguire Valuer-General Victoria

  2. Overview • Uses for valuation data • Benefits of mapping • Revaluation Outcomes 2006 • Revaluation issues including GTCs, objections and supplementary valuations

  3. Valuation Data Close Up • What do you get as part of the Valuation Process? • 63 common data elements, updated every 2 years • Accurate and timely valuations, independently audited by VGV • Land Classification Codes on each property • Quality and Condition codes • A marketable and useful database when data is properly collected

  4. Valuation Data Close Up • What can you do with this data? • Strategic Planning • Property Type analysis • Valuation mapping • Rate modelling (testing scenarios) • Spatial Analysis of objections • Communication materials/strategies

  5. Spatial Data • VICMAP – A partnership between Local and State Government • Councils provide changes/updates to State Government (via M1 and M2 forms) • State Government manages the spatial data model and pays for maintenance/updates • Revised map bases are provided back to Councils at regular intervals • VICMAP provides statewide coverage of • Property and Parcel boundaries • Roads and Address points • Planning Scheme

  6. Spatial Data • VICMAP – Backbone of council systems • Many council processes are spatially based • Valuation Best Practice encourages mapping of valuations to identify anomalies early in the process • Mapping lends itself to all Council departments – planning, animal registration, route planning for garbage collection • Saves time and money

  7. Mapping Demonstration

  8. Mapping – Statewide Outcomes

  9. Mapping – Statewide Outcomes

  10. Revaluation Issues • Valuer-General Victoria Achievement Award 2006 for Leadership in VBP • Valuation of Land Act Amendments - Update • Tendering for 2008 • 2006 Valuation Objections • Supplementary Valuations

  11. Questions • Further Information Connie Spinoso Manager Spatial Information 8636 2580 Terry Maguire Manager Certification 8636 2570

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