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.
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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?
Same question as above – you didnt reply?
Hi,
If you would like to discuss the possibility of a successful objection to your New Land Valuation or would like some further information regarding our services, please do not hesitate to contact us.
Neil Murphy
nmurphy@savills.com.au
0410 468 335