Six Victorian municipalities record decreases in value over past two years: Valuer-General Victoria
Just six Victorian municipalities recorded decreases in land values since the 2010 revaluation.
They were topped by Indigo in north-eastern Victoria and the Southern Grampians.
The falls ranged between 0.1% and 1.8%.
The data gives the total capital improved value of all privately owned properties within the 79 municipalities.
Municipality 2012 Total CIV 2010-2012 % change
Ararat $2.14b -0.1
Corangamite $5.01b -0.7
Glenelg $4.91b -0.5
Indigo $2.63b -1.8
Pyrenees $1.53b -0.5
Southern
Grampians $3.98 -1.8Source: Valuer-General Victoria