About land valuations in Queensland

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.

How is the impact of adverse natural events considered when calculating my land valuation?

Your land valuation considers the impact of historic flooding—this may also be reflected in property market sale transactions.

The State Valuation Service monitors the impact of flooding and other adverse weather events on property market sales and this information may inform future land valuations.

How are adverse weather events considered when valuing land?

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.

Don't agree with your valuation?

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.

Find out more about lodging objections.

How to apply for a change in valuation

To apply for a change, write to the Valuer-General and include details to show the damage caused, for example 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, valuation.enquiries@resources.qld.gov.au
• by post or in person to your local  business centre.