Isaac Regional LGA valuation overview
Overview of 2024 land valuation
For Isaac Regional local government area (LGA), the revaluation included 9,715 properties, with a total value of $6,565,298,252, an overall increase of 63 per cent since the last valuation issued in 2021.
Property market changes within Isaac Regional LGA are being driven by:
- continuing growth and expansion of the mining resources sector, infrastructure projects including renewable energy
- seasonal conditions
- commodity prices.
Total value by land use
| Land type | Value | Percentage of total land value |
|---|---|---|
| Commercial | $46,727,600 | 0.7% |
| Industrial | $48,525,000 | 0.7% |
| Primary Production | $5,867,891,919 | 89.4% |
| Single Unit Residential | $369,457,780 | 5.6% |
| Multi-Unit Residential | $21,029,000 | 0.3% |
| Rural Residential | $123,351,590 | 1.9% |
| Other | $88,315,363 | 1.3% |
| LGA total | $6,565,298,252 | 100% |
Note: The sum of percentages may not equal 100% due to rounding.
Residential land
There has been a significant increase in median values within some residential market sectors of Isaac Regional LGA since the last valuation. The overall median value for residential land in Isaac Regional LGA is $57,000, an increase of 29.6 per cent.
The table below shows the changes in median value of residential land in Isaac Regional LGA. The table includes localities with a minimum of 50 properties as residential land use.
| Locality | Previous median value (as at 1 October 2020) | New median value (as at 1 October 2023) | Change in median value | Number of properties |
|---|---|---|---|---|
| Carmila | $44,000 | $44,000 | 0% | 58 |
| Clairview | $140,000 | $140,000 | 0% | 108 |
| Clermont | $48,500 | $68,000 | 40.2% | 927 |
| Coppabella | $12,000 | $12,000 | 0% | 78 |
| Dysart | $21,500 | $26,000 | 20.9% | 1,229 |
| Glenden | $9,900 | $9,900 | 0% | 437 |
| Ilbilbie | $98,000 | $98,000 | 0% | 109 |
| Middlemount | $27,500 | $27,500 | 0% | 684 |
| Moranbah | $46,000 | $60,000 | 30.4% | 3,215 |
| Nebo | $28,500 | $28,500 | 0% | 341 |
| St Lawrence | $28,500 | $44,000 | 54.4% | 101 |
Explanatory notes
- The residential markets in Clermont, Dysart, Moranbah and St Lawrence increased and reflects moderate to significant changes in value, while Carmila, Clairview, Ilbilbie, Middlemount, Nebo, Glenden and Coppabella remained steady.
Rural residential land
The table below shows the changes in median value for rural residential land in Isaac Regional LGA.
| Previous median value (at 1 October 2020) | New median value (at 1 October 2023) | Change in median value | Number of properties |
|---|---|---|---|
| $94,000 | $114,000 | 21.3% | 935 |
Explanatory notes
- The rural residential market throughout Isaac Regional LGA increased with some moderate increases to various properties.
Other land uses
The table below shows the total value of land uses (other than residential and rural residential land) in Isaac Regional LGA.
| Land use category | Previous total land value (at 1 October 2020) | New total land value (at 1 October 2023) | Change in total land value | Number of properties |
|---|---|---|---|---|
| Commercial | $39,909,700 | $46,727,600 | 17.1% | 181 |
| Industrial | $40,313,400 | $48,525,000 | 20.4% | 211 |
| Primary Production | $3,449,816,430 | $5,867,891,919 | 70.1% | 881 |
| Multi-Unit Residential | $16,687,500 | $21,029,000 | 26% | 118 |
| Other | $81,516,846 | $88,315,363 | 8.3% | 96 |
Explanatory notes
- Commercial and industrial land recorded a moderate increase due to limited supply and improved market conditions.
- Primary production land recorded a significant increase due to continuing strong demand for rural land despite interest rate increases and lower cattle prices.
- Multi-unit residential land recorded a moderate increase in line with the surrounding residential market.
- Other land recorded a significant increase in line with their respective markets.
More information
To view the valuation roll display listing for Isaac Regional LGA, you can:
- see land valuations online
- visit the Isaac Regional Council, Grosvenor Complex, 1 Batchelor Parade, Moranbah during business hours until 30 June 2024.