Rates will remain about the same in real terms under budgetary measures.
Residential rate payers are likely to pay slightly more in real terms and commercial rate-payers slightly less.
The average increase for residential rates will be $26. New properties would add 2.4 per cent to rates revenue.
The total value of land in the ACT rose 4.4 per cent, the value of existing properties rose by 2 per cent.
The land tax rate remains the same, but total revenue will increase with increased property values.
In other land matters, the Budget confirms the Government 50-50 infill-greenfields strategy. The new greenfields spending will be $0.7 million in the new area of North Lanyon in Tuggeranong and $3.7 million to continue development in Gungahlin.
The Budget provides $3 million for the first stage of an advanced technology manufacturing estate in Canberra, on the other side of Canberra Avenue from Fyshwick. It would provide serviced blocks for new industry.
The Budget provides $2.3 million for office structures in York Park precinct.
In planning, funding was announced for the planning of Gungahlin Town centre with the aim of an amendment to the territory plan by the end of the year.
These developments had already been announced, but the precise funding levels were news.