Livingstone Shire LGA valuation overview
Overview of 2024 land valuation
For the Livingstone Shire local government area (LGA), the revaluation included 17,042 properties, with a total value of $4,698,927,888, an overall increase of 26 per cent since the last valuation issued in 2022.
Property market changes within the Livingstone Shire LGA are being driven by:
- several major infrastructure projects within the region, which have been catalysts in seeing the market to continue to strengthen and improve, including:
- the Rockhampton Ring Road project
- expansion of Shoalwater Bay Training Area
- Clarke Creek wind and solar project
- Keppel Bay Convention Centre
- Rookwood Weir
- investment from interstate and southern buyers, as the Capricorn Coast is still considered an affordable location compared to areas in South-East Queensland
- favourable seasonal conditions and commodity prices.
Total value by land use
| Land type | Value | Percentage of total land value |
|---|---|---|
| Commercial | $93,128,400 | 2% |
| Industrial | $76,611,000 | 1.6% |
| Primary Production | $537,382,900 | 11.4% |
| Single Unit Residential | $2,507,888,730 | 53.4% |
| Multi-Unit Residential | $115,689,500 | 2.5% |
| Rural Residential | $1,316,605,300 | 28% |
| Other | $51,622,058 | 1.1% |
| LGA total | $4,698,927,888 | 100% |
Note: The sum of percentages may not equal 100% due to rounding.
Residential land
There has generally been a moderate increase in median values within the residential market sectors of the Livingstone Shire LGA since the last valuation. The overall median value for residential land in the Livingstone Shire LGA is $197,500, an increase of 19.7 per cent.
The table below shows the changes in median value of residential land in the Livingstone Shire LGA. The table includes localities with a minimum of 50 properties as residential land use.
| Locality | Previous median value (as at 1 October 2021) | New median value (as at 1 October 2023) | Change in median value | Number of properties |
|---|---|---|---|---|
| Bangalee | $225,000 | $260,000 | 15.6% | 102 |
| Barlows Hill | $180,000 | $225,000 | 25% | 363 |
| Causeway Lake | $130,000 | $150,000 | 15.4% | 50 |
| Cooee Bay | $165,000 | $230,000 | 39.4% | 409 |
| Emu Park | $160,000 | $195,000 | 21.9% | 1,127 |
| Farnborough | $320,000 | $480,000 | 50% | 111 |
| Hidden Valley | $162,500 | $187,500 | 15.4% | 319 |
| Keppel Sands | $96,000 | $130,000 | 35.4% | 248 |
| Kinka Beach | $162,500 | $205,000 | 26.2% | 235 |
| Lammermoor | $180,000 | $232,500 | 29.2% | 1,056 |
| Meikleville Hill | $196,250 | $245,000 | 24.8% | 176 |
| Mulambin | $147,000 | $170,000 | 15.7% | 181 |
| Ogmore | $8,500 | $8,500 | 0% | 53 |
| Pacific Heights | $176,250 | $222,500 | 26.2% | 562 |
| Rosslyn | $200,000 | $250,000 | 25% | 215 |
| Stanage | $152,500 | $180,000 | 18% | 117 |
| Tanby | $310,000 | $355,000 | 14.5% | 71 |
| Taranganba | $143,000 | $180,000 | 25.9% | 911 |
| Taroomball | $185,000 | $232,500 | 25.7% | 450 |
| The Caves | $86,000 | $86,000 | 0% | 87 |
| Yaamba | $4,000 | $4,000 | 0% | 50 |
| Yeppoon | $175,000 | $192,500 | 10% | 2,402 |
| Zilzie | $117,000 | $143,000 | 22.2% | 1,429 |
Explanatory notes
- The residential market within all towns within the Livingstone Shire LGA generally recorded moderate increases except for the north-western small towns, which remained steady.
Rural residential land
The table below shows the changes in median value for rural residential land in the Livingstone Shire LGA.
| Previous median value (at 1 October 2021) | New median value (at 1 October 2023) | Change in median value | Number of properties |
|---|---|---|---|
| $205,000 | $265,000 | 29.3% | 4,696 |
Explanatory notes
- The rural residential market throughout the Livingstone Shire LGA recorded a moderate increase overall, with various properties remaining steady.
Other land uses
The table below shows the total value of land uses (other than residential and rural residential land) in the Livingstone Shire LGA.
| Land use category | Previous total land value (at 1 October 2021) | New total land value (at 1 October 2023) | Change in total land value | Number of properties |
|---|---|---|---|---|
| Commercial | $75,840,400 | $93,128,400 | 22.8% | 133 |
| Industrial | $62,908,000 | $76,611,000 | 21.8% | 167 |
| Primary Production | $412,984,600 | $537,382,900 | 30.1% | 660 |
| Multi-Unit Residential | $99,876,500 | $115,689,500 | 15.8% | 273 |
| Other | $37,704,180 | $51,622,058 | 36.9% | 95 |
Explanatory notes
- Commercial land recorded a moderate increase due to an overall buoyant residential property market.
- Industrial land recorded minor to moderate increases, again due to a buoyant property market and also strong investment in infrastructure projects within the region.
- Primary Production land recorded a significant increase. These increases were driven by commodity prices and favourable seasonal conditions, which positively influenced confidence, particularly in grazing markets.
- Multi-unit residential land recorded a moderate increase in line with residential values.
- Other mixed land uses recorded a minor to moderate increase with their respective associated markets. Although there were some significant increases in the englobo lands due to the revived residential market
More information
To view the valuation roll display listing for the Livingstone Shire LGA, you can:
- see land valuations online
- visit the Yeppoon Town Hall, 25 Normanby Street, Yeppoon during business hours until 30 June 2024.