Land valuations for next year
LANDOWNERS in Douglas Shire are among the more than one million landowners in 40 of Queensland’s 78 rateable local government areas (LGAs) who will receive new land valuations in 2016.
Valuer-General Neil Bray said LGAs receiving new valuations were Aurukun, Banana, Brisbane, Burdekin, Cairns, Central Highlands, Cherbourg, Cloncurry, Cook, Doomadgee, Douglas, Fraser Coast, Gladstone, Gold Coast, Hope Vale, Isaac, Kowanyama, Lockhart River, Mackay, Mapoon, Napranum, Northern Peninsula Area, Noosa, Palm Island, Pormpuraaw, Redland, South Burnett, Sunshine Coast, Torres Strait, Toowoomba, Weipa, Western Downs, Whitsunday, Woorabinda, Wujal Wujal and Yarrabah.
“The decision to value those LGAs follows consultation with councils, local groups and industry stakeholders and an evaluation of property market survey reports,” he said.
“In LGAs where new valuations are not issued in 2016 the most recent annual valuation will remain effective for rating, land tax and state land rental purposes until the next valuation is undertaken,” he said.
Valuers considered property sales since the last valuation and the predicted movements this market evidence has had on value of land.
“Other issues considered include the impact of natural events, the state of the economy, the effects of mining, planning and zoning changes, commodity prices and population growth,” he said.