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Rates won’t rise as quickly as house prices in south-east Queensland

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Friday March 26, 2021

The real estate boom has forced the Valuer-General to delay metropolitan land valuations until the market settles down.

The Gold Coast property market has been surging amid a migration uptick. Photo: ABC

In December, the independent State Valuer-General listed the local government areas due for new land valuations in 2021, curiously omitting Brisbane, the Gold Coast and Sunshine Coast.

Now, in answer to a question on notice from the Opposition, Resources Minister Scott Stewart has explained that the decision followed market surveys and consultation with industry…



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