Capital improved value (CIV)
abbreviationcap·i·tal im·proved val·uepronounced KAP-ih-təl im-PROOVD VAL-yoo (CIV)
Last reviewed 16 April 2026
What does the abbreviation Capital improved value (CIV) 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.
How the abbreviation Capital improved value (CIV) is used
Our council rates in Victoria were calculated based on the capital improved value, which includes both the land and the house.
Synonyms
CIV
Related words
Cite this entry
MLA citation: "Capital improved value (CIV)." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/capital-improved-value-civ. Accessed 30 May 2026.
Chicago citation: How to Property. "Capital improved value (CIV)." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/capital-improved-value-civ.
APA citation: How to Property. (2026, April 16). Capital improved value (CIV). https://howtoproperty.com.au/definitions/capital-improved-value-civ