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Published on DNRME Disclosure Log RTI Act 2009 Log Market Survey Report 2018 for Brisbane City Council Disclosure Tuesday, 31 July 2018 DNRME on 2009 Act Published RTI 18-410 File A Page 1 of 77 Release Log Disclosure DNRME on This publication has been compiled by State Valuation Services, Department of Natural Resources, Mines and Energy. © State of Queensland, 2018 The Queensland Government supports and encourages the dissemination and exchange of its information. The copyright in this publication is licensed under a Creative Commons Attribution 4.0 International (CC BY 4.0) licence. 2009 Under this licence you are free, without having to seek our permission, to use this publication in accordance with the licence terms. Act You must keep intact the copyright notice and attribute the State of Queensland as the source of the publication. PublishedNote: Some content in this publication may have different licence terms as indicated. For more information on this licence, visit https://creativecommons.org/licenses/by/4.0/. The information contained herein is subject to change without notice. The Queensland Government shall not be liable for RTItechnical or other errors or omissions contained herein. The reader/user accepts all risks and responsibility for losses, damages, costs and other consequences resulting directly or indirectly from using this information. 18-410 File A Page 2 of 77 Table of contents Brief Overview ........................................................................................................................................ 4 Summary of Impacts .............................................................................................................................. 4 Proposed Valuation Amount Changes ................................................................................................... 5 Affected Properties by Proposed Valuation Amount Changes .............................................................. 5 Area Allocation, Certifications & Approval ......................................................................................... 6 Area Allocation based on factor input .................................................................................................... 6 Certification by Valuers .......................................................................................................................... 7 Log Principal Valuer Endorsement ............................................................................................................. 11 Area Manager Approval ....................................................................................................................... 11 Single Unit Residential ........................................................................................................................ 12 Sales and Impacts on Value ................................................................................................................ 12 Sales and Analysed Sales Statistics .................................................................................................. 12 Valuation Impact Statistics ................................................................................................................. 12 Brisbane Residential Market Overview ................................................................................................ 13 Brisbane Fringe .................................................................................................................................... 14 Inner City Suburbs 3-6kms from CBD .................................................................................................. 15 Middle Suburbs 6-10kms from CBD ....................................................................................................Disclosure 16 Outer Suburbs more than 10km from CBD .......................................................................................... 17 Rural Residential .................................................................................................................................. 18 Sales and Impacts on Value ................................................................................................................ 18 Sales and Analysed Sales Statistics .................................................................................................. 18 Valuation Impact Statistics ................................................................................................................. 18 Brisbane Rural Home Sites .................................................................................................................. 19 Rural Homesites North ......................................................................................................................... 19 Rural Homesites South ........................................................................................................................DNRME 20 Multi-unit Residential ........................................................................................................................... 21 Sales and Impacts on Valueon ................................................................................................................ 21 Sales and Analysed Sales Statistics .................................................................................................. 21 Valuation Impact Statistics ................................................................................................................. 21 Brisbane Multi-unit Overview ............................................................................................................... 22 Brisbane Fringe Multi-unit Residential ................................................................................................. 23 Inner Multi-unit Residential North2009 3-6kms from CBD ........................................................................... 2 6 Inner Multi-unit Residential South 3-6kms from CBD .......................................................................... 26 Middle Multi-unit Residential North and South 6-10kms from CBD ..................................................... 27 Middle North .......................................................................................................................................Act 27 Outer Multi-unit Residential North and South more than 10km from CBD .......................................... 28 PublishedCommercial ........................................................................................................................................... 29 Sales and Impacts on Value ................................................................................................................ 29 RTISales and Analysed Sales Statistics .................................................................................................. 29 Valuation Impact Statistics ................................................................................................................. 29 Brisbane CBD ...................................................................................................................................... 30 18-410 File A Page 3 of 77 Brisbane Fringe .................................................................................................................................... 36 Commercial .......................................................................................................................................... 38 Commercial >7,000sqm ....................................................................................................................... 41 Industrial ............................................................................................................................................... 43 Sales and Impacts on Value ................................................................................................................ 43 Sales and Analysed Sales Statistics .................................................................................................. 43 Valuation Impact Statistics ................................................................................................................. 43 Brisbane Inner City Industrial ............................................................................................................... 44 Log Brisbane Industrial ............................................................................................................................... 45 Albion ................................................................................................................................................... 45 Darra .................................................................................................................................................... 46 Eagle Farm Industrial ........................................................................................................................... 46 East Brisbane ....................................................................................................................................... 47 Eight Mile Plains ................................................................................................................................... 48 Extractive.............................................................................................................................................. 48 Geebung Virginia ................................................................................................................................
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