Home Property Australia New land valuations to be issued for 40 LGAs

New land valuations to be issued for 40 LGAs

  • October 22, 2015

New land valuations to be issued for 40 LGAs

The Queensland Valuer-General has announced that 40 of Queensland’s rateable local government areas (LGAs) will receive new land valuations in 2016.

The valuations will be determined as at 1 October 2015, and become effective for rating, land tax and state land rental (for leasehold land) purposes as at 30 June 2016. Valuation notices have to be issued no later than 31 March 2015.

Local government areas receiving new valuations in 2016 are: Aurukun, Banana, Brisbane, Burdekin, Cairns, Central Highlands, Cherbourg, Cloncurry, Cook, Doomadgee, Douglas, Fraser Coast, Gladstone, Gold Coast,  Hope Vale, Isaac,  Kowanyama, Lockhart River,  Lockyer Valley, Mackay, Mapoon, Moreton Bay, Mornington, Mount Isa, Napranum, Northern Peninsula Area, Noosa,  Palm Island, Pormpuraaw, Redland,  South Burnett,  Sunshine Coast, Torres Strait Island, Toowoomba, Weipa, Western Downs, Whitsunday, Woorabinda, Wujal Wujal and Yarrabah.

Landowners can register to receive their next land valuation notice and the 2016 Valuer-General’s property market movement report electronically.

In LGAs where new valuations are not to be issued in 2016, the most recent annual valuation will remain effective for rating, land tax and state land rental purposes.