{"id":304349,"date":"2021-08-18T20:46:51","date_gmt":"2021-08-18T10:46:51","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=304349"},"modified":"2021-08-23T17:15:26","modified_gmt":"2021-08-23T07:15:26","slug":"property-sales-booming","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2021\/08\/18\/property-sales-booming\/","title":{"rendered":"Property Sales Booming"},"content":{"rendered":"<figure id=\"attachment_31163\" aria-describedby=\"caption-attachment-31163\" style=\"width: 740px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"wp-image-31163\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/04\/kingaroy-house.jpg\" alt=\"Kingaroy House\" width=\"740\" height=\"460\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/04\/kingaroy-house.jpg 620w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/04\/kingaroy-house-300x186.jpg 300w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/04\/kingaroy-house-285x177.jpg 285w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/04\/kingaroy-house-263x163.jpg 263w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><figcaption id=\"caption-attachment-31163\" class=\"wp-caption-text\">More than 6 per cent of all properties in the South Burnett changed hands during the first half of this year, according to data from Council records<\/figcaption><\/figure>\n<p><strong>August 18, 2021<\/strong><\/p>\n<p>There were 1129 property transfers in the South Burnett Regional Council area between January 1 and June 30 this year.<\/p>\n<p>Council staff presented the figure at the Finance standing committee meeting on Wednesday in response to a question on notice from Regional Development portfolio chair Cr Kirstie Schumacher.<\/p>\n<p>With roughly 18,000 properties on Council&#8217;s rates books, the turnover represents about 6.3 per cent of all South Burnett properties.<\/p>\n<p>The meeting also heard many sales were former rental properties which were now occupied by new owners.<\/p>\n<p>This change has led to a tightening rental market in some parts of the region.<\/p>\n<p>Council officers will now produce a similar report every six months.<\/p>\n<h2 style=\"text-align: center;\"><strong>* * *<\/strong><\/h2>\n<p><b>The cents-in-the-dollar value for rates on commercial land in Murgon is higher now than other towns in the South Burnett due to the equalisation process implemented\u00a0across the region after council amalgamation &#8211; but total rates are the same.<\/b><\/p>\n<p>Wednesday&#8217;s committee meeting heard that rates paid on Murgon&#8217;s commercial land were among the lowest in the region prior to the 2008 amalgamation.<\/p>\n<p>In a question on notice, Cr Kathy Duff had asked why commercial land in Murgon had a higher rate-in-the-dollar value than any other town.<\/p>\n<p>Officers said shortly after amalgamation, Council had begun a multi-year process of equalising rates for similar types of properties in similar rating categories.<\/p>\n<p>The aim was to ensure the burden of paying for services was shared equally across the region among properties which received the same services.<\/p>\n<p>In 2008-09, land rated as &#8220;Commercial&#8221; in the region&#8217;s five major towns attracted periodic rates of between $457 and $600, depending on which town the property was located in.<\/p>\n<p>However, by 2010-11 when the equalisation process ended, all commercially rated land received the same $690 bill.<\/p>\n<p>As Murgon properties had lower valuations than similar commercial land in other towns, the only way to achieve this was to adjust the cents-in-the-dollar figure.<\/p>\n<p>Officers noted that during the coming year, Council would be conducting a review of its General Rating categories with the aim of bringing the cents-in-the-dollar figures closer together.<\/p>\n<h2 style=\"text-align: center;\"><strong>* * *<\/strong><\/h2>\n<p><strong>South Burnett Regional Council will submit five sites to the sixth round of the Federal Government&#8217;s Mobile Black Spot Program.<\/strong><\/p>\n<p>The five sites are:<\/p>\n<ul>\n<li>Boondooma Dam<\/li>\n<\/ul>\n<ul>\n<li>Mt Mowbullan in the Bunya Mountains<\/li>\n<\/ul>\n<ul>\n<li>Moffatdale, the Burnett Highway and Redgate<\/li>\n<\/ul>\n<ul>\n<li>Malar Road, Kingaroy<\/li>\n<\/ul>\n<ul>\n<li>Crawford, Memerambi and Wooroolin<\/li>\n<\/ul>\n<p>In previous yeasr, the South Burnett Regional Council&#8217;s previous applications to the program have resulted in the elimination of 11 former mobile blackspots.<\/p>\n<p>These were at Boyneside, Durong, Kumbia, Wattle Camp, Gordonbrook, Maidenwell, Tingoora, Windera, Cooranga North, and parts of Memerambi and Kingaroy.<\/p>\n<h2 style=\"text-align: center;\">* * *<\/h2>\n<p><strong>The SBRC&#8217;s annual Australia Day Awards presentation ceremony will shift to Nanango next January, and will be held on Sunday, January 23.<\/strong><\/p>\n<p>Until this year the ceremony was held on the eve of Australia Day (ie January 25).<\/p>\n<p>However, a successful Australia Day Awards presentation held in Wondai on a Sunday afternoon this year has persuaded Councillors to shift the date.<\/p>\n<p>At Wednesday&#8217;s meeting, Councillors said they believed a Sunday afternoon session allowed more people to attend.<\/p>\n<p>The 2022 presentation ceremony will be held at either Nanango High School&#8217;s hall or the Nanango Showgrounds.<\/p>\n<p>2022 Australia Day Award nomination forms will be available from Council&#8217;s Customer Contact Centres later this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There were 1129 property transfers in the South Burnett Regional Council area between January 1 and June 30 this year.<\/p>\n","protected":false},"author":3,"featured_media":31163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,22,3],"tags":[1131],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Property Sales Booming - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"There were 1129 property transfers in the South Burnett Regional Council area between January 1 and June 30 this year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2021\/08\/18\/property-sales-booming\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property Sales Booming - southburnett.com.au\" \/>\n<meta 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