Free valuation tool
What is my water worth?
Enter your water shares — volume, zone and reliability — and we'll value them against the final 2025-26 season benchmark from recorded transfers in Zone 1A, 6 and 7. Takes about thirty seconds, and you can email the report to yourself.
Your water shares
Add each entitlement you hold — volume, zone, and reliability class.
Enter a volume to see what your water is worth.
Indicative only, based on the final 2025-26 season benchmark from registered transfers, reviewed as at 27 July 2026. Not a formal valuation or an offer to buy or sell.
How this valuation works
Entitlements (water shares) are valued at the final 2025-26 volume-weighted average price of entitlement transfers recorded on the Victorian Water Register — full-season benchmark figures from the most recent completed water year, covering both wet and dry transfers — with high and low reliability priced separately, because HRWS and LRWS trade at very different levels. Full methodology on our permanent water values page.
Selling this season's allocation is a different transaction — see recent recorded trades on our water prices page or call the desk for today's market.
The 2025-26 figures were reviewed on 27 July 2026 and remain the benchmark until enough new-season transfers are recorded to publish an update. Not sure whether you hold allocation or entitlement? Here's the difference explained.
The CGT rules change on 1 July 2027
The 50% CGT discount is being replaced by inflation indexation for individuals, trusts and partnerships. Gains accrued before 1 July 2027 keep the discount — which makes being able to evidence what your entitlement is worth around that date genuinely important. Add what you paid in the calculator above for an indicative gross gain, then read how the CGT changes affect water entitlements.
Common questions
What is my water entitlement worth?
Permanent entitlements (water shares) are valued per megalitre of share volume, and the price depends on your system and reliability class. In 2025-26 — the most recent completed season — high-reliability water shares traded at a volume-weighted average of $4,050/ML in the Goulburn / Loddon (Zone 1A), $4,550/ML in the Murray above the Choke (Zone 6), $7,650/ML in the Murray below the Choke (Zone 6B/7). Low-reliability shares trade at a fraction of the HRWS price. The calculator above values your parcels at these final 2025-26 benchmark figures.
What is my water allocation worth?
This calculator values permanent entitlements (water shares), not seasonal allocation. Allocation trades at whatever buyers are paying per megalitre in your zone this week — you can see recent recorded trades on our water prices page, or call the desk on (03) 5824 3833 for today’s market.
How accurate is this valuation?
The calculator uses the published 2025-26 benchmark — the final volume-weighted average of recorded entitlement transfers in each system for the last completed season — reviewed as at 27 July 2026. It is a genuine market-based estimate, but it is a season benchmark rather than a live price: entitlement values move with the season, and the price you actually achieve depends on timing and how the sale is handled. Treat it as a starting point, not a formal valuation.
What is the difference between allocation and entitlement?
An entitlement (water share) is the permanent asset — an ongoing right to a share of water each season. An allocation is the water actually credited against that entitlement in a given year, which can be traded temporarily. Entitlements are worth thousands of dollars per megalitre; allocation trades at hundreds. This calculator values the permanent asset.
Which zones does the calculator cover?
Zone 1A (Greater Goulburn), Zone 6 (Vic Murray above the Choke) and Zone 7 (Vic Murray below the Choke) — the zones where the overwhelming majority of northern Victorian water trades happen. We broker water across the entire Murray-Darling Basin, so if your zone is not listed, call the desk and we will value it over the phone.
Will I pay capital gains tax if I sell my entitlement?
Selling a permanent entitlement (water share) is generally a CGT event, and the rules are changing: from 1 July 2027 the 50% CGT discount for individuals, trusts and partnerships is replaced by inflation indexation of the cost base, with a minimum 30% rate on the real gain. Transitional rules preserve the discount for gains accrued before 1 July 2027, and outcomes depend heavily on your holding structure and any concessions. The calculator can show an indicative gross gain if you enter what you paid — take that number to a registered tax agent. Our guide to the water entitlement capital gains tax changes explains what is changing.
How do I get a firm price for my water?
Call Integra Water Services on (03) 5824 3833. We are independent brokers — we will tell you what buyers are actually paying in the current market, how the market is moving, and handle the trade end-to-end if you decide to go ahead. No obligation.
Want a firm price, not an estimate?
The calculator tells you roughly what your water is worth. The desk tells you what buyers are actually paying this week — and our entitlement sale service handles the trade if the number works for you.