Rates in Bayside are relatively high due to:
- low-density housing (14 homes per hectare)
- no major industry (3% commercial zoning)
- less other-government funding due to its relatively high socio-economic status.
Open spaces, tree-lined streets, large residential allotments and relatively-low housing density are some of the most popular aspects of living in Bayside.
To maintain this character, 83% of Bayside has the strictest planning controls available in Victoria.
These positive factors are also reflected in the cost of household rates. Low-density housing means that Bayside has fewer people paying the rates that fund our community’s infrastructure. The impact of low-density planning controls is that household rate levels will remain higher than those in municipalities with high-density housing.
Average Bayside rates are higher than in neighbouring councils, but our revenue is less overall and we spend less per resident and per property.
With only 14 homes per hectare (the lowest housing density of our immediate neighbours) and vast tracts of foreshore and green space, there is a lot of open space that is costly to maintain.
In addition, only 3% of Bayside land is zoned for commercial use. This ensures that Bayside’s neighbourhoods will remain residential, but there is no major industry contributing to Council revenue.
There is also less grant funding from other levels of government because of our higher socio-economic advantage, and this funding doesn't keep up with the cost of providing vital community services like aged care, maternal and child health, school crossing monitors and libraries.
Meanwhile, Council’s financial strategy is to increase spending on community facilities, pay off debt and maintain the same level of service while keeping pressure off rates by finding savings and looking for other sources of revenue.