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Manufacturers told to "accept or object" land tax increase by government body

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.”

How economic conditions have impacted your CQ land value

Premium Content Subscriber only Landowners in many Central Queensland areas are set to receive their new land valuations this month, with local economic conditions reflecting mixed fortunes both on the coast and inland. The Valuer-General’s Property Market report details the CQ areas that were valued most recently - Banana Shire, Rockhampton and Livingstone Shire. The best overall news from the report was for primary producers, whose land value increased in all three regions, while pockets of the residential market saw rises in Rockhampton and Yeppoon only. Land used for primary production in Banana Shire, Rockhampton and Livingstone Shire all increased in value according to the Valuer-General’s latest report.

Whitsunday rates under microscope with land value

Premium Content Subscriber only Land values across the Whitsundays will be revealed next year with forecasts the pandemic will play a big role in determining how much properties are worth. The Whitsunday and Burdekin region will receive new land valuations in March 2021 as part of the statewide program. About 261,000 properties across Queensland will be assessed, which makes up about 59 per cent of the total land area of the state. Land valuations are part of the considerations used to calculate local government rates, state land tax and state land rental. They also provide information about the property market in certain areas.