Property values not all positive

By Allan Dingle, Queensland Farmers' Federation President
Updated March 4 2020 - 9:50am, first published 9:34am
Property values not all positive
Property values not all positive

This week, the Valuer General's 2020 property market movement report was released, comprising the annual statutory land valuations for 21 local government areas totalling about 825,000 valuations or 48 per cent of all properties in Queensland. From this, there are continued signs of strength in some areas of Queensland's property market. Generally, across Queensland there has been increased sales activity in rural markets despite recent devastating fires, heavy rains and flooding, a continuing drought and the seasonal threat of cyclones. As a result, the 1799 farming valuations this year have seen an uplift in land values of around 30 to 80pc within the majority of grazing, horticultural, small crop and dryland farming industries.

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