News

Central Highlands land values decrease by 4.1% overall

Neil Bray is the Queensland Valuer-Genreal.
Neil Bray is the Queensland Valuer-Genreal. Contributed

THE annual land valuations for the Central Highlands Regional Council area have been released with most towns recording a decrease in land values.

Blackwater recorded the most significant decrease, a 70 per cent drop in value, while Bluff, Dingo and Tieri also recorded large reductions in value.

Valuer-General Neil Bray said the valuations reflected land values on October 1, 2016, and showed Central Highlands Regional Council area's land values had decreased by 4.1 per cent overall since the last valuation issued in 2016.

"Land values have generally decreased since the last valuation, although the primary production sector experienced minor increases,” he said.

"Generally, all urban market sectors have remained static or fallen with significant reductions in Blackwater and Capella, while primary production markets increased since the last revaluation in 2015.

"Some localities such as Blackwater reflected significant decreases in median values due to the downturn in the resource industry with the median value of residential land in Blackwater decreasing from $40,000 to $12,000.”

Mr Bray said the valuations would take effect for local government rating, state land tax and state land rental purposes on June 30, 2017.

"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.

"The 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 on the Land Valuations website or at the address shown at the top of their valuation notice by May 8, 2017.

Mr Bray said landowners could access online the very latest land valuations information by visiting www.qld.gov.au/landvaluation.

Topics:  central highlands land valuations valuer-general


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

New breed of laws

PAWFECT COMPANION: Isaac dog owners like Curtis Teale, pictured with husky Luca, will need to abide by new breeding laws that start today.

New dog breeding laws throughout Queensland will begin today.

Serving up a tasty fundraiser

YARNS APLENTY: Bush poet Murray Hartin will entertain diners at the Springsure State School's Paddock to Plate 2017 dinner.

Springsure State School is serving up a yummy fundraiser.

Let's seal our future prosperity

KNEE DEEP: Matthew and Bernadette Paine's daughter Grace demonstrates how the heavy traffic load causes incredible wear and tear on Springsure-Tambo Rd.

Region outgrows dirt road

Local Partners

The 'pretty boy' miner wowing the world of fashion

FROM being called "pretty boy", to hiding his passion from his father to the point he was almost listed as a missing person, his career change hasn't been easy.

What to expect at Birds of Tokyo's Ipswich gig

The band will perform at the Racehorse Hotel on Friday.

BAND member Glen Sarangapany talks music, pub grub and doing shoeys

What public holidays are left in 2017

Ipswich residents will get the day off tomorrow for the show.

IPSWICH residents will get tomorrow off for the show

Caitlyn comes home to launch debut album

Gympie's Caitlyn Shadbolt will launch here debut album Songs On My Sleeve at an exclusive all-ages concert in Gympie on Friday, May 26.

Win tickets to Caitlyn's album launch

Ben Stiller and Christine Taylor split after 17 years

BEN Stiller and his wife Christine Taylor have called it a day in a joint announcement.

Why The Voice hasn't produced a star

Boy George responds to Brittania Clifford-Pugh's heart-warming message.

It's the industry, not the show, says Boy George

These actors hated their movies and didn’t mind admitting it

Channing Tatum and Marlon Wayans in a scene from GI Joe: The Rise of Cobra.

Every year, Hollywood blesses us with plenty of God awful movies.

Miranda Kerr and fiance hang up backyard tent for wedding

The decorators and caterers are arriving for the final preparations for the wedding of Miranda Kerr and Evan Spiegel. Pictures: Splash

Evan Spiegel and Miranda Kerr are set to marry today

Book review: Mia Freedman's book meets her critics head on

I appreciated Freedman's blunt honesty in the book

Model Bella Hadid's see-through dress shocks in Cannes

US model Bella Hadid attends the Cinema Against AIDS amfAR gala 2017 held at the Hotel du Cap, Eden Roc in Cap d'Antibes, France, 25 May 2017.

It’s like she’s become addicted to shock value.

Man's amazing comeback from monster crisis

Pat O'Driscoll agents Penny Keating and Doug Webber sold 56 Agnes St, The Range at auction over the weekend.

NOT long ago, he sold his possessions to pay staff. Now he's back.

Report reveals progress on $319m airport upgrade

Aerials of the Sunshine Coast.Jetstar plane in front of the Susnhine Coast terminal, Sunshine Coast Airport.

Over two dozen government approvals needed for airport expansion

Lost dough leaves sour taste after company collapse

Kathleen and John Mahoney from Sugar and Spice Bakery were stung after the collapse of Cantro Pty Ltd and are still owed money.

Supermarket operator collapse leaves sour taste for bakery

Open for inspection homes May 25-31

Check out this weekend's homes open for inspection

How Toowoomba house prices compare in Australia

For sale sign in front of home.

Here's what $700,000 will buy you in Toowoomba, Brisbane and Sydney

Ready to SELL your property?

Post Your Ad Here!