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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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Homebuyers outflanking regional regret


5th Mar 2021 6:10 AM
 
Our great migration to the regions is a no longer a flash in the pan but a lifestyle trend that is here to stay, say treechangers and property experts alike.
Due to the pandemic, Aussies exited our cities for the bush in record numbers over the past year. As our economic recovery gathers steam and the COVID-19 vaccine rollout begins, the shift to the regions has begun to slow but the increased attraction of a slower life will continue well into the future says demographer and social analyst Mark McCrindle.
He said there will be tree change bounce back where people return to the cities - after international borders reopen, the pandemic passes and companies decide they want to see more of their workforce face-to-face. ....

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