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Regional indexation
This page lists your components by region. When you select a region's component, the system shows the region name and the overall calculated factor for this region, and a table containing one row per LGA. Only LGAs with parcels in the selected component are displayed.
The table has the following columns:
Heading | Description |
---|---|
District | The name of the LGA with parcels in the selected component. |
Area | The total area of the LGA's parcels in the selected component. |
YYYY value | The total current value of the LGA's parcels in the selected component. |
YYYY $/m² | The combined current rate per m² of the LGA's parcels in the selected component. |
Factor | If the text is grey, this number is a copy of the regional index factor. If it's bold, it's a custom factor entered by a valuer. |
Fact'd $/m² | The combined future rate per m² of the LGA's parcels in the selected component, given the application of the factor. |
Factored value | The total future value of the LGA's parcels in the selected component, given the application of the factor. |
Props | The number of properties in the selected component in the LGA row. Click this number to open a CLE property search result page containing these properties. |
Parcels | The number of parcels in the selected component in the LGA row. Click this number to open a CLE parcel search result page containing these parcels. |
Action | Click the Edit button to enter a custom factor for the LGA/component. You should also enter a rationale for choosing the custom factor. Click the Send button to apply the factor to all properties/parcels in the LGA/component. |