About statutory land valuations in Queensland
Understanding your valuation notice
Types of valuation notice
The Valuer-General issues annual valuations as well as maintenance valuations.
Annual valuation notices
Annual valuations are issued prior to 31 March each year (unless exceptional circumstances apply). Landowners may receive up to 3 different types of annual valuation notice:
- Annual land valuation notice (blue): The new valuation amount on this notice will be used as a basis to calculate local government rates and state land tax (if applicable). If the valuation includes more than one parcel of land, the valuation amount is the total value of all parcels of land combined, including state leasehold and freehold parcels (if applicable).
- Freehold land valuation notice (brown): This notice is issued if the landowner has both freehold and leasehold land. However, the notice will only advise the valuation of the freehold land. The new valuation on this notice is used by the Office of State Revenue for levying state land tax, if applicable.
- State land rental valuation notice (green): This notice relates only to parcels of land that are subject to a lease, licence or permit to occupy under the Land Act 1994. The valuation reflects the state of the land at the commencement of the lease. This valuation is used to calculate state land rentals.
Maintenance valuation notices
Maintenance valuations can be issued at any time of the year for land that was not previously valued or whenever a situation arises that requires an existing valuation to be altered (e.g. subdivision, rezoning).
Maintenance valuations become effective from the ‘date of effect’ shown on the notice.
Information on your valuation notice
In this guide:
- What is considered when valuing land?
- How rural land is valued: unimproved value
- How non-rural land is valued: site value
- Understanding your valuation notice
- How land valuations are used
- Why your neighbour's valuation may be different to yours
- What to do if you disagree with your valuation
- Impact of floods and adverse events on valuations
- Privacy and use of information