About land valuations in Queensland

Impact of adverse natural events on valuations

Adverse natural events occur regularly and present challenges for landowners in many parts of Queensland. The following information explains how floods and adverse weather events like cyclones are considered in your land valuation, as well as what you can do if your land has been permanently damaged.

When reviewing a valuation due to an adverse natural event, we consider a range of issues, including:

  • property sales within flood-affected areas that may be subject to severe or minor flooding events from time to time
  • how the land is used
  • whether this type of event has occurred previously and is already reflected in the valuation
  • permanent physical damage to the land
  • the level, extent and duration of any flood inundation
  • the date when the damage or loss of value to the land occurred
  • the length of time before rural land can be brought back into full production, where applicable.

We only value your land, so structures on your land, such as houses, buildings and fences, are not considered when we calculate the land value.

Because the full impact of adverse natural causes on the market value of land may not be evident for some time after the event, we continue to monitor market movements throughout the year and reflect any market effects at the next valuation.

Valuers consider a range of information including:

  • property sales within flood-affected areas that may be subject to severe or minor flooding events from time to time
  • how the land is used
  • the date when the damage or loss of value to the land occurred.

We only value your land, so structures on your land, such as houses, buildings and fences, are not considered when we calculate the land value.

If you don't agree with your new valuation, and can provide information to show that it's incorrect, you can lodge an objection within 60 days of the date the valuation was issued.

The 60-day objection period for the 2023 land valuations closed on 16 May 2023.

Find out more about lodging objections.

Related information

In this guide:

  1. What is considered when valuing land?
  2. How rural land is valued: unimproved value
  3. How non-rural land is valued: site value
  4. Understanding your valuation notice
  5. How land valuations are used
  6. Why your neighbour's valuation may be different from yours
  7. What to do if you disagree with your valuation
  8. Impact of adverse natural events on valuations
  9. Privacy and use of information

Print entire guide