{"id":27164,"date":"2013-03-21T16:02:23","date_gmt":"2013-03-21T06:02:23","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=27164"},"modified":"2020-12-21T12:58:43","modified_gmt":"2020-12-21T02:58:43","slug":"gympie-shire-land-values-tumble","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2013\/03\/21\/gympie-shire-land-values-tumble\/","title":{"rendered":"Gympie Shire Land Values Tumble"},"content":{"rendered":"<figure id=\"attachment_27270\" aria-describedby=\"caption-attachment-27270\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/goomeri-land.jpg\"><img loading=\"lazy\" class=\"wp-image-27270\" title=\"Goomeri\" src=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/goomeri-land.jpg\" alt=\"Goomeri\" width=\"740\" height=\"460\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/goomeri-land.jpg 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/goomeri-land-300x186.jpg 300w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/a><figcaption id=\"caption-attachment-27270\" class=\"wp-caption-text\">Land values in Goomeri, Tansey, Kilkivan and Woolooga have been unaffected by this year&#8217;s floods; but they&#8217;ve fallen throughout the remainder of Gympie Shire<\/figcaption><\/figure>\n<p><strong>March 21, 2013<\/strong><\/p>\n<p>Land valuations in the Gympie Regional Council area have fallen by an average of 11.2 per cent according to the latest land valuations released today.<\/p>\n<p>Queensland&#8217;s Valuer-General Neil Bray said the valuations reflected land values on 1 October 2012 and showed Gympie Regional Council area\u2019s land values had decreased since the last valuation issued in 2012.<\/p>\n<p>\u201cHowever residential land values remained unchanged in some localities such as Southside, Kilkivan and Goomeri,\u201d he said.<\/p>\n<p>\u201cResidential and rural home site values have decreased in the order of 10 per cent in most areas while commercial and industrial lands have fallen by up to 25 per cent, reflecting ongoing economic uncertainty in the retail and service industry sectors.<\/p>\n<p>\u201cFarming areas have seen large reductions overall with western grazing lands falling by around 10 per cent while higher value lands around the Mary Valley have generally decreased by up to 20 per cent. \u201d<\/p>\n<p>Mr Bray said reviews were undertaken to determine the impact of recent severe weather events on statutory land valuations.<\/p>\n<p>\u201cIn local government areas being valued this year, all properties that are flood affected for the first time were reassessed,\u201d he said.<\/p>\n<p>\u201cIn areas where the impacts of flooding are already recorded, statutory valuations will reflect those impacts.\u201d<\/p>\n<p>Mr Bray said it was important that landowners realised that valuation notices were not rate notices.<\/p>\n<p>\u201cRates are set under the Local Government Act 2009 and are determined by local government authorities,\u201d he said.<\/p>\n<p>\u201cThe setting of rates is based on a number of factors \u2013 valuations are only one of those factors.\u201d<\/p>\n<p>Mr Bray said landowners who believed their valuation was incorrect and could provide information to support this could this year, for the first time, lodge their objection online at <a href=\"http:\/\/www.dnrm.qld.gov.au\/property\/valuations\" target=\"_blank\" rel=\"noopener\"><strong>www.dnrm.qld.gov.au\/property\/valuations<\/strong><\/a> or at the address shown at the top of their valuation notice by 20 May 2013.<\/p>\n<p>\u201cThe list of Queensland\u2019s statutory land valuations and market tables for major residential localities can be viewed online at <a href=\"http:\/\/www.dnrm.qld.gov.au\/property\/valuations\/annual-valuations\/market-tables\" target=\"_blank\" rel=\"noopener\"><strong>www.dnrm.qld.gov.au\/property\/valuations\/annual-valuations\/market-tables<\/strong><\/a> until 18 June 2013 \u2013 allowing landowners to compare their valuations with others in their area.<\/p>\n<p>\u201cA hard copy of the valuation list for the Gympie Regional Council area can be viewed at the Department of Natural Resources and Mines, 27 O&#8217;Connell Street, Gympie during normal business hours until close of business on 18 June 2013.\u201d<\/p>\n<p>Land valuations for the South Burnett Regional Council area have yet to be released.<\/p>\n<p><strong>The table below provides information on median values for residential land within the Gympie Regional Council area, but does not include land valued as rural residential.<\/strong><\/p>\n<p><a href=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/gympie-valuations1.gif\"><img loading=\"lazy\" class=\"aligncenter wp-image-27181\" title=\"gympie-valuations\" src=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/gympie-valuations1.gif\" alt=\"\" width=\"740\" height=\"877\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/gympie-valuations1.gif 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/gympie-valuations1-253x300.gif 253w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/a><\/p>\n<p><strong>The table below provides information on median values for land uses other than residential within the Gympie Regional Council area.<\/strong><\/p>\n<p><a href=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/gympie-valuations21.gif\"><img loading=\"lazy\" class=\"aligncenter wp-image-27188\" title=\"gympie-valuations2\" src=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/gympie-valuations21.gif\" alt=\"\" width=\"740\" height=\"204\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/gympie-valuations21.gif 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/03\/gympie-valuations21-300x83.gif 300w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Land valuations in the Gympie Regional Council area have fallen by an average of 11.2 per cent according to the latest land valuations released today.<\/p>\n","protected":false},"author":3,"featured_media":27270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[100,177,168,102],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gympie Shire Land Values Tumble - southburnett.com.au<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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