To be eligible for the farm rate you must own property that is 2 hectares or greater in size and used as 'farm land'.
The term ‘farm land’ applies to any rateable land that is used for farming purposes as a business, including:
- market garden
- viticulture (cultivation of grapes)
As a farming business, your property must:
- have a commercial purpose
- be making a profit or have a reasonable prospect of making a profit from your farming activities (as required in Section 2 of the Valuation of Land Act 1960 (Vic)).