Rates & fees
Rates are the main way residents fund the council. Each year an independent regulator (IPART) sets a 'rate peg' — the maximum percentage the council can lift its total rates income. Here's the current figure, how it compares across NSW, and the things that actually change your bill.
New to these terms? Read them in plain English
- Rate peg
- The cap on how much a council's TOTAL rates income can rise this year.
- Core peg
- The rate peg before the population top-up — the part driven by rising costs.
- Population factor
- An extra slice of the rate peg for fast-growing councils.
- Special Rate Variation (SRV)
- Permission for a council to raise rates by more than the peg.
- Land valuation
- Your land's value, set by the state, used to split the rates bill between properties.
- Pensioner rebate
- A discount on rates for eligible pensioners.
- Domestic waste charge
- A separate annual fee for your bins — NOT part of the rate peg.
- IPART
- Sets the rate peg and reviews council pricing.
- 3.7%Set by IPART (core rate peg, no population factor). It caps the council's total rates income, not your individual bill.
- 5.0%IPART's rate peg for Randwick for 2026–27 (core 3.1% + 1.9% population factor) — one of the higher totals statewide (core range 2.5%–4.2%).
- Permanent environmental levy
- 'Sustaining our City' — made permanent from 2024–25IPART approved a special variation in May 2024 making the long-running environmental levy permanent, worth about $101/year (~$1.95/week) for the average residential ratepayer that year. It is separate from the standard rate peg above.
- What the peg caps
- Total rates income — not your billIt doesn't cap the domestic waste charge, which is separate.
- Why your bill can still change more (or less)
- Land revaluations shift bills between propertiesYour share moves with your land value relative to other properties (NSW Valuer General).
- Overdue interest (2025–26)
- 10.5% per annumCharged on rates instalments not paid by the due date.
- Concessions
- Eligible pensioners can receive a rebateStatutory rebate up to $250 plus a council rebate of $200 (including a one-off $100 top-up in 2025–26) for eligible pensioners — check eligibility with the council.
The rate peg limits the council's total rates income, not each household's bill. How your individual rates change depends mostly on how your land value moved relative to other properties at the latest revaluation. Randwick's permanent environmental levy is a separate, IPART-approved charge on top of the standard peg.
Sources — check it yourself
Figures are current as at the dates shown and may change — always confirm with the linked source. See the notice at the bottom of the page for full details and how to report a correction.