How and when recent land valuations were calculated
The Department of Resources provides Council with property valuations. The Department of Resources revalued the Southern Downs Regional Council area as at 1 October 2024.
How rates are calculated
The new land valuations will take effect on 30 June 2025 and will be used by Council to calculate the general rates for the 2025/2026 financial year.
Rates and charges are determined during the annual budget process each financial year. Council adopts this in June for the following financial year. The process includes:
- Council considers the costs of providing an extensive range of services, facilities and infrastructure.
- Council determines how to appropriately fund these activities, acknowledging that our primary source of revenue is through rates and charges.
Council also uses a comprehensive system to calculate rates that recognises the diverse demographics of the region. Council considers changes to valuations with a view to minimising the overall impact on ratepayers.
Changes in individual valuations do not equate to the same changes in the general rates on rate notices. For example, if your valuation increases by 25%, this does not mean the general rate on your rate notice will increase by 25%.
Some rates may go up, some may go down, some may not change at all, it depends on how your property valuation has changed in relation to other similar properties throughout the whole region and the applicable minimum general rate.
Valuation comparison
You can view detailed land valuation data through the Queensland Globe. It is designed to help you better understand your land valuation and local property market, and compare valuations of the other properties in your area.
Objections to valuations
If you do not agree with the valuation issued for your property, you may wish to lodge an objection with the Department of Resources. Please note that objections can't be lodged through Council because the land valuations are determined by the Department of Resources.