News

Cattle market drives property boom

STELLAR PERFORMANCE: The rural property market boom on the Southern Downs is closely aligned to the cattle industry.
STELLAR PERFORMANCE: The rural property market boom on the Southern Downs is closely aligned to the cattle industry. Sophie Lester

THE Southern Downs property market reveals a two-speed economy, with rural valuations rocketing more than 19% and residential land remaining flat.

The rural land boom is closely aligned to the stellar performance of the cattle industry, according to the valuer-general's 2017 property market report.

Valuer-general Neil Bray said the rural valuations echoed the improved confidence in the agricultural market in 2016.

"Continued high commodity prices within the beef industry and continued low interest rates are driving this confidence, although the majority of the state remains drought declared,” Mr Bray said.

The total value for rural land on the Southern Downs increased by 19.1% from the previous valuations in 2015.

George and Fuhrmann Warwick director of livestock sales Matthew Grayson said there was a strong correlation between the region's current property values and the beef market.

"There has definitely been increased activity recently, with owners of cattle properties in the region contacting us to find out what their land is worth and also people from outside the area wanting to buy,” he said.

"There has been interest from western Queensland graziers who want to move closer in but still want to run cattle, making Warwick the ideal area.”

Meanwhile Mr Bray said residential land prices remained flat in Warwick and Stanthorpe.

"Residential land values have generally remained unchanged in Warwick and Stanthorpe where the respective median values are $95,000 and $83,000,” MrBray said.

To check your land valuation visit www.dnrm.qld.gov.au.



Sod turns on Swanfels rebuild

GOOD START: All Trades Queensland workforce officer and  Southern Downs Mayor Tracy Dobie turning the first sod on the Swanfels Pioneer Park shelter replacement project.

Work starts on bringing shelter back to community

UPDATE: Toddler hit by car in shop carpark

Paramedics treating a toddler reportedly hit by a car.

The boys was transported to hospital in a stable condition

Woolworths, Coles, Aldi: Why it pays to check docket

Do you know about your supermarket's 'freebie policy'?

Local Partners

Festival to honour man in black

Stanthorpe could be on to a Cash cow, with organisers of a new festival confident the event could become a major drawcard for the area.


Wattles pin hopes on semi victory

LAST-DITCH: Souths pair Luke Nolan and Kyle Petersen try to stop Wattles skipper Ryan Duggan scoring.

Coach praises his forwards in run up to semi

Hats off to the volunteers at Morgan Park

UPGRADE: Warwick District Sporting Car Club committee member Wayne Pfingst and volunteer Peter Herlihen at the upgraded bridge.

Praise for four dedicated volunteers at motorsport precinct

Maroons duo ready for Friday night polocrosse

EXCITED: Tambo player Rachael Sargood and son Jett will both play for Queensland at Morgan Park this weekend.

Mother and son playing in different Queensland teams this weekend

OPINION: Bachelor really crossed the line

Leah’s abrupt Bachelor exit is slut-shaming at its worst.

Marvel stars tease superhero epic

The four year wait for Marvel's The Defenders is over.

The Defenders stars on their long-awaited superhero team-up.

The two stars who intimidated Chris Hemsworth

Chris Hemsworth was intimidated by two other Hollywood stars.

Thor star says he was ‘weirdly shaken’ when he met two other actors.

Sam Newman: How a Playboy magazine changed everything

The new crew of The Footy Show.Source:Supplied

How a Playboy magazine changed everything.

Leah slams Matty: ‘I was incredibly disappointed’

Leah says she was ‘incredible disappointed’ with Matty J.

BACHELOR evictee's controversial chat with Kyle and Jackie O.

John Eales finds peace with the haka

Inia Maxwell and John Eales in a scene from the documentary John Eales Reveals: The Haka.

Rugby legend is on a quest to learn about a sacred Maori tradition/

The Bachelor recap: Secret pasts publicly exposed

Matty J is left speechless on The Bachelor.

TWO Bachelor contestants’ secret adult pasts have been exposed.

4800 homes to be built in massive new Coast estate

Masterplanned community full steam ahead - it's not Caloundra South

Open for inspection homes August 17 - 23

Check out this weekend's homes open for inspection.

Airbnb, Stayz and co tipped to squeeze Coast housing market

HOLIDAY BOOM: Airbnb letting is putting a further squeeze on long-term rentals.

Councils exploring options to manage the industry

How we got a rental straight away on the Coast

Rita and David Allara, moved down from Townsville, paid three months up front rent to secure the place at flash new unit block in Kings Beach.

Genius move helps secure rental property