Valuations
In Queensland, the Valuer-General is the independent head of the State Valuation Service (SVS), Department of Environment and Resource Management (DERM).
The Valuer-General has a statutory responsibility to provide fair and accurate land valuations for local government rating, State land tax and State land rental purposes
The Valuer-General values all land on behalf of the State Government and maintains the Queensland Valuation and Sales (QVAS) data base.
The State Valuation Service also provides a whole-of-government valuation service to all government agencies through its Client and Asset Valuation Unit.
Annual valuations are undertaken in accordance with the Land Valuation Act 2010, the Statutory Valuation Procedures and Practices Manual and the Valuer-General’s Quality Assurance Framework.
A site value methodology is used to value non-rural land and an unimproved methodology is used to value rural land.
On 3 May 2011 annual valuation notices were issued to over 1.6 million landowners in 58 local governments. The 60 day valuation objection period for these valuations ended on 4 July 2011.
The next annual valuation will issue in 2012 prior to 31 March.
Further information
For more information about Queensland’s statutory land valuations please refer to the valuation resource page on this website.
Last updated 1 August 2011