Impact of adverse natural events on valuations

Adverse weather events occur regularly and present challenges for landowners in many parts of Queensland. This information covers:

• how events like floods and cyclones are considered when assessing your land valuation
• what you can do if your land has been permanently damaged.

What we consider

Your land valuation reflects the impact of historic flooding and other adverse weather events, which may also be reflected in property market sale transactions. Your land valuation has a date of valuation of 1 October and reflects market evidence as at that date.

Valuers monitor the impact of flooding and other adverse weather events on property sales. This information informs future land valuations. When assessing valuations, valuers consider a range of information including:

• the damage caused to land and the possibility of remediation
• property sales within flood-affected areas that have or may be subject to flooding events or other areas impacted by natural disasters
• the use of the land
• whether this type of natural event has occurred previously and is already reflected in the valuation
• the level, extent and duration of flood inundation
• the date when the damage or loss of value to the land occurred

Not included

As it's a valuation of your land only, any improvements (e.g. houses, buildings, fencing and personal property) are not considered when calculating land value.

Historic flooding

Any significant past flooding that’s affected your property has already been considered as part of your land valuation.

Apply for a review

To apply for a change as a result of adverse weather, write to the Valuer-General and include details to show the permanent damage caused to the land (e.g., photographs, maps or diagrams). The Valuer-General will then consider if the damage has changed the land's value.

You can lodge your application:

• by email to valuation.enquiries@nrmmrrd.qld.gov.au
• by post or in person to your local business centre.

Let us know of any disasters

Complete the adverse event feedback form to let us know of any significant weather events that affected your land.