Douglas valuations rise by 8pc since last time
DOUGLAS Shire Council area’s land values rose by 8 per cent overall since the last valuation in 2014, according to the state Valuer General.
“Land values have generally increased since the last valuation, with minor increases recorded in most market sectors and localities,” said Valuer General Neil Bray.
“Residential values have generally risen in Port Douglas and Mossman while commercial and industrial lands and the rural residential market generally increased however the primary production markets remained static.
“Some localities such as Port Douglas reflected minor increases in median values due to an increased demand for land resulting from an upswing in the tourism sector, with the median value of residential land in Port Douglas increasing from $285,000 to $300,000.”
Mr Bray said the valuations would take effect on June 30, 2016.
“It is important that landowners realise that valuation notices are not rate notices,” he said.
“Rates are set by local governments under the Local Government Act 2009 when they determine their annual budgets.
setting of rates
is based on a number of factors – valuations are only one of those factors.” Mr Bray said landowners who believed their valuation was incorrect, and could provide information to support this, could lodge their objection online at www.dnrm.qld.gov.au or at the address shown at the top of their valuation notice by May 3, 2016. “Landowners without internet access can get an objection kit that includes a stepby-step guide by phoning 1300 664 217,” he said. “Hard copies of the valuation list can be viewed at Department of Natural Resources and Mines business centres.
Port Douglas land values have risen significantly since 2014