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 - 2021

The updated Land Values Index for Catherine Fields (Part) Precinct as at September 2021 are outlined below:

  • The customised LVI for monetary contributions is 307.86
  • LVI of developable land (premium) as at September 2021 is 336.36
  • LVI of developable land (good but with issues that require remedy) as at September 2021 is 317.65
  • LVI of non-developable land (above 1 in 100 year flood level) as at September 2021 is 230.77
  • LVI of non-developable land (below 1 in 100 year flood level) as at September 2021 is 200.00

Catherine Fields (Part) Precinct Land Value Index - 2020

The updated Land Values Index for Catherine Fields (Part) Precinct as at September 2020 are outlined below:

  • The customised LVI for monetary contributions is 291.97
  • LVI of developable land (premium) as at September 2020 is 317.60
  • LVI of developable land (good but with issues that require remedy) as at September 2020 is 323.53
  • LVI of non-developable land (above 1 in 100 year flood level) as at September 2020 is 153.85
  • LVI of non-developable land (below 1 in 100 year flood level) as at September 2020 is 200.00

Catherine Fields (Part) Precinct Land Value Index - 2019

The updated Land Values Index for Catherine Fields (Part) Precinct as at September 2019 are outlined below:

  • The customised LVI for monetary contributions is 267.87
  • LVI of developable land (premium) as at September 2019 is 290.38
  • LVI of developable land (good but with issues that require remedy) as at September 2019 is 264.71
  • LVI of non-developable land (above 1 in 100 year flood level) as at September 2019 is 153.85
  • LVI of non-developable land (below 1 in 100 year flood level) as at September 2019 is 200.00

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:

  • The customised LVI for monetary contributions is 251.79
  • 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:

  • The customised LVI for monetary contributions is 189.60
  • 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

  • The customised LVI for monetary contributions is 150.70
  • 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