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LAND VALUATIONS ISSUED

It’s that time of year again. On 26th March 2024 the Valuer General issued new values for 20 local municipalities in QLD (see below). You should receive these in the mail or by email depending on your choice of service.

Banana Barcoo
Bulloo Bundaberg
Central Highlands Cook
Diamantina Fraser Coast
Gold Coast Goondiwindi
Isaac Livingstone
Longreach Moreton Bay
Redland Somerset
Sunshine Coast Torres
Whitsunday Winton

The Land Valuation Overview Reports for each area can be accessed here https://www.qld.gov.au/environment/land/title/valuation/annual/explained

Even if there is no change in the valuation it does not indicate that the value is correct. Some areas might not be valued for a few more years so there will be no opportunity to object until a new valuation is carried out by the Valuer General.

If your local council hasn’t been revalued this year the previous value will still apply and unfortunately you don’t have any fresh objection or appeal rights until it is next valued.

The last day to object is Monday 27th May 2024. After this date there will be no further chance to object.

You can look up your new valuation using the links below.

https://www.qld.gov.au/environment/land/title/valuation/annual/find-your-land-valuation

https://qldglobe.information.qld.gov.au/

This article was contributed by Neil Murphy from Savills Queensland Statutory Valuations.

Leave a Reply

  1. Denise Morton

    Our body corporate is based in Sunshine Coast area. Our building valuation has increased by 50%. How often is an objection to a valuation successful? What information is required to put in an objection?

  2. MR KYM AYLING

    Same question as above – you didnt reply?