Hi Layla,
We currently have a Residential Town Centre sub-category. It was determined under section 529(2)(b) (land within a centre of population) many many years ago. Basically, a boundary was drawn around each of the towns in our shire where smaller lot size assessments are located. Any residential properties located within the town centre boundary were sub-categorised Residential Town Centre & pay a higher ad valorum rate that the larger lot residential assessments located outside of the town centres.
This worked well until recent years but we are now experiencing large volume growth in & outside of the historical town centres. A rate structure review has been on our radar for a couple of years now & I expect we may move away from this structure in coming years.
Please contact me if any further information is needed.
Regards,
Simone
