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Valuer-General issues Gladstone Region Land Valuations
The Queensland Government’s Department of Resources’ Valuer-General has issued Land Valuation Notices to the Gladstone Region.
Property owners will receive land valuation notices from 31 March 2021 by email or post.
The Valuer-General uses a number of techniques to determine land values including researching the property market, examining trends and sales information for each land use category, conducting interviews with vendors and purchasers of property, while also taking into account the physical attributes and constraints on use of the land.
The Land Valuation Notice is dated 1 October 2020 and new land valuations are effective from 30 June 2021.
Gladstone Region Mayor Matt Burnett said that while there has been a significant shift in the property market since this time, the Valuer General could not consider any sales data from 1 October 2020 even though the property market has increased significantly since that date.
“It has been three years since the last valuation in the Gladstone Region and the State determined it was time for our region to receive updated valuations,” Councillor Burnett said.
“If you disagree with your land valuation, you have 60 days (31 May 2021) to lodge an objection.”
Property owners can contact 1300 664 217 with any land valuation enquiries.
Land valuation listings can be viewed online at www.qld.gov.au/landvaluation or in person at Council’s 101 Goondoon Street Office until 28 June 2021.
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