SCROLL TO THE BOTTOM FOR ALL NSW REGIONAL LAND VALUE CHANGES
NSW Valuer General, Dr David Parker said the latest valuations showed just how resilient the residential property market is despite economic hits such as the pandemic.
"Residential land had a little dip at the start, but as we adjusted to the pandemic, the auctions came back and it was back to normal, and in some areas, where you've had good infrastructure improvements or tree-changers moving in, values increased," Dr Parker said.
"Where you've had good investment in infrastructure such as freeways and rail lines, the rises are really noticeable.