Catherine Field Precinct

The primary purpose of this Plan is to authorise the requirement for contributions to be made towards either or both:

  • The provision, extension or augmentation of local infrastructure only where development is likely to require the provision of or increase the demand for local infrastructure; and
  • The recoupment of the cost of providing existing local infrastructure within the area to which this Plan applies

 


Catherine Field (Part) Precinct Land Value Index (LVI)

In accordance with Clause 2.14.2 of the Catherine Fields (Part) Precinct Contributions Plan, Council has updated the Land Value Index relating to the plan.

 


Land Value Index by Year

Catherine Fields (Part) Precinct Land Value Index - 2018

The updated Land Values Index for Catherine Fields (Part) Precinct as at November 2018 are outlined below:

  • LVI of developable land (premium) as at November 2018 is 272.23
  • LVI of developable land (good but with issues that require remedy) as at November 2018 is 264.71
  • LVI of non-developable land (above 1 in 100 year flood level) as at November 2018 is 153.85
  • LVI of non-developable land (below 1 in 100 year flood level) as at November 2018 is 200.00

Catherine Fields (Part) Precinct Land Value Index - 2017

The updated Land Values Index for Catherine Fields (Part) Precinct as at August 2017 are outlined below:

  • LVI of developable land (premium) as at August 2017 is 204.55
  • LVI of developable land (good but with issues that require remedy) as at August 2017 is 205.88
  • LVI of non-developable land (above 1 in 100 year flood level) as at August 2017 is 138.46
  • LVI of non-developable land (below 1 in 100 year flood level) as at August 2017 is 200.00

Catherine Fields (Part) Precinct Land Values Index - 2016

The updated Land Values Index as at August 2016 are outlined below: Catherine Fields (Part) Precinct

  • LVI of developable land (premium) as at August 2016 is 150.00
  • LVI of developable land (good but with issues that require remedy) as at August 2016 is 147.06
  • LVI of non-developable land (above 1 in 100 year flood level) as at August 2016 is 146.15
  • LVI of non-developable land (below 1 in 100 year flood level) as at August 2016 is 212.50

Catherine Fields (Part) Precinct Land Values Index - 2015

The updated Land Values Index as at June 2015 are outlined below:

Catherine Fields (Part) Precinct

  • LVI of developable land (premium) as at June 2015 is 136.00
  • LVI of developable land (good but with issues that require remedy) as at June 2015 is 106.00
  • LVI of non-developable land (above 1 in 100 year flood level) as at June 2015 is 100.00
  • LVI of non-developable land (below 1 in 100 year flood level) as at June 2015 is 113.00