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Gladstone land values drop 7 8% -don t reflect market now

Land valuations for the Gladstone region have been issued by the Queensland Valuer General, with a decline in value in most localities attributed to the timing of the assessments. The valuations have been dated October 1, 2020, which was before the Gladstone property market reached its current and significantly higher level. “The Valuer-General released land valuations for 28,429 properties with a total value of $3,536,001,969 in the Gladstone Regional Council area,” the Valuer General’s department said in a statement. “The valuations reflect land values at October 1, 2020, and show that Gladstone Regional Council has decreased by 7.8 per cent overall since the last valuation in 2018.”

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