Land valuations 2016

Such has been my distraction that I missed the release of 2016 land valuations last month. I have included some links to the Valuer-General with info and initial graphs under real estate.

The residential median in Cairns was up a solid 9% on last year with valuations across all land categories in the council region up a reported 8.4%. Some comparisons with other regions revalued will be included subsequently.

This doesn’t seem to have been widely reported given it coincided with council election campaigns. Slightly surprising there wasn’t some sort of scare campaign around misunderstandings of rising land valuations and rates.

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