In this guide:

1. About statutory land valuations in Queensland
2. What is considered when valuing land
3. Impact of floods and other adverse events
4. Rural land valuations
5. Non-rural land valuations
6. Valuation notices
7. How land valuations are used
8. Why your neighbour's valuation may be different to yours
9. If you disagree with your valuation

Statutory land valuations are used to calculate council rates, state land tax and state land rental (for leasehold land), where applicable.

Council rates

Local governments use statutory land valuations as a basis to calculate rates. However, valuations are just one of many factors taken into account when councils are framing their annual budgets and determining rates. It is not unusual for rates to change even though statutory land values have not changed. For more information on rates, contact your local council or visit the Department of State Development, Infrastructure and Planning.

State land tax

The Office of State Revenue uses valuations to calculate state land tax. Land tax is only payable if the total statutory value of all your land holdings exceeds the threshold. The Office of State Revenue will contact you after 30 June this year if you become liable for state land tax for the next financial year.

State land rental

We use statutory land valuations to calculate state land rental for leasehold land.