Kenmore cops the highest increase in rates amongst the westside suburbs and one of the highest in Brisbane, as Council rates for owner-occupied properties rise by an average of 2.5 percent.
With the exception of nine, Brisbane suburbs will see an overall average rates increase of 2.5 percent, the same as last year and almost twice the current annual inflation rate of 1.5 percent.
“We’ve kept the budget strong and balanced despite the impact of droughts and floods, through the Global Financial Crisis and through multiple property market cycles,” Lord Mayor Schrinner said in his budget speech.
“…today I confirm that in 2019-20 the average increase in rates for owner occupied residential properties will once again be 2.5 per cent.”
Kenmore residents will face a rates increase of 5.4 percent or an additional $80.87 per year. Other Brisbane West suburbs should also expect to see rate increase notice in the mail including Chapel Hill (5.20%); St Lucia (3.6 %); Kenmore Hills (3.3%); Taringa (2.8%); Indooroopilly (2.5%); Bellbowrie, Brookfield, and Fig Tree Pocket (1.9%), and Moggill (1.7%).
Anstead, Pullenvale, and Pinjarra Hills, on the other hand, will cop rates increase lower than the current annual inflation rate at 0.9%, 0.9%, and 0.8% respectively.
“For owner occupiers, this average rates increase equates to $10 per quarterly rates notice or $0.77 per week. The average increase to Council fees and charges will also be 2.5 per cent,” Cr Schrinner said.
Seven Hills and Wakerley will have the highest rates increase in Brisbane, both at 5.80 percent or an extra $115.23 and $87.08 to the annual bill, respectively. Kangaroo Point residents, on the other hand will get the biggest drop with a 5.1 percent rate decrease or a savings of $86.38 year.
Ratepayers in these eight other suburbs will also expect to see drop in rates: Ransome and Willawong (-2.0%); Cowan Cowan (-1.7%); Bridgeman Downs, Bulwer, and Candler (-1.0%); Murarrie (-0.7%), and Westlake (-0.4%)
