Valuations on ratepayers' properties put on hold

RATEPAYERS will not receive new valuations on their properties before next year's rates bill arrives in the post.

Each local government area is assessed annually to determine if new valuations will be carried out during that year.

Department of Natural Resources and mining valuer-general Neil Bray said the decision came after consulting with local governments, local groups and industry stakeholders and the consideration of a market survey report.

"When undertaking the market survey, valuers from the State Valuation Service consider the property sales evidence since the last annual valuation was made and the predicted movement that this market evidence has had on the value of land," Mr Bray said.

"The Southern Downs Regional Council area will be assessed again in 2013 to determine if annual land valuations will be issued in 2014."

Other issues considered by SVS valuers include the state of the economy, the effects of the mining boom, commodity prices and population growth.

A Southern Downs Regional Council spokeswoman said council had requested land valuations be carried out across the region again next year. Rates are based on land values.

"Significant changes in valuations between valuations may affect ratepayers, but rates are based on land valuations and what council's revenue requirement is at that time," she said.

Topics:  property, ratepayers, southern downs regional council, valuations



Local Real Estate

Featured Real Estate
FULLY SELF CONTAINED... $9500.00 From
Cabin $12.5K for 6 x 2.4 x 2.5m fully installed. D.I.Y $9.5k bare ...
WELL BUILT 3 BEDROOM... $222,000
House 3 1 2
Close To Hospital $235,000
House 4 1 1
A Great Homesite $170,000
Residential Land 0 0

Featured Jobs

Warwick jobs listed daily

Featured Jobs
OFFICE PERSON Warwick Full Time


Local Partners

LATEST DEALS AND OFFERS

Local Jobs

Search for your next job now!
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Subscription Sale

Subscribe now for $1 for 14 days.
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

View today's ePaper!

Read the digital edition
Learn More

Horoscopes

Leo

You may want to reconsider whether your friends have the same spiritual goals as you, otherwise you could get distracted and start to wonder...

read more

Marketplace

Special Offers & Promotions

Compare & Save