The majority of urban property valuations remain unchanged in the Beaudesert Shire. The market for farming land has been influenced by a number of factors, including the deregulation of the dairy industry, the majority of 'going concern' farms being sold for subdivision, and an absence of larger farming sales. Due to these factors there was no alteration to values for primary production properties, however rural home sites with an area greater than 15 hectares in most parts of the shire were increased by up to 20 per cent because of demand for these properties. Mr Cremer said commercial, industrial and tourist industry sales activity had been subdued in most areas, which was a reflection of the overall economic climate, however, some commercial sites in Eagle Heights on Mount Tamborine showed increases of up to 30 per cent. Of the 124 local governments in Queensland, there were 37 that had sufficient market movement for new valuations to be issued this year.
Valuations are only one of many guides available to councils.
The actual rate charged is the decision of the individual council based on its local policies and financial requirements for the year ahead. Amendments to the Valuation of Land Act 1944 mean that some landholders who hold land under a lease, licence or permit from the State will receive two valuation notices this year. Objections can be lodged to valuations within 42 days of receipt of the notices and can be sent to the Department of Natural Resources and Mines, PO Box 1164, Beenleigh, Qld 4207.