Capital improved value

nounca·pi·tal im·proved va·luepronounced KAP-uh-tuhl im-PROOVD VAL-yoo

Last updated 21 April 2026

What does the noun Capital improved value mean?

The total market value of a property including both the land and all buildings or improvements on it. Used by Victorian councils to calculate rates.

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MLA citation: "Capital improved value." How to Property, 21 Apr. 2026, https://howtoproperty.com.au/definitions/capital-improved-value. Accessed 7 June 2026.

Chicago citation: How to Property. "Capital improved value." Last modified April 21, 2026. https://howtoproperty.com.au/definitions/capital-improved-value.

APA citation: How to Property. (2026, April 21). Capital improved value. https://howtoproperty.com.au/definitions/capital-improved-value