2021 Land Valuations Overview Murweh
Land valuations overview: Murweh Shire Council On 31 March 2021, the Valuer-General released land valuations for 2,358 properties with a total value of $508,701,560 in the Murweh Shire Council area. The valuations reflect land values at 1 October 2020 and show that Murweh Shire has increased by 75 per cent overall since the last valuation in 2018. Rural land values have increased significantly due to the strength in beef commodity prices as well as a low interest rate environment. Due to the decline in western towns and the effects of a prolonged drought, residential values in Charleville have experienced moderate to significant reductions. Inspect the land valuation display listing View the valuation display listing for Murweh Shire Council online at www.qld.gov.au/landvaluation or visit the Department of Resources, Hood Street, Charleville. Detailed valuation data for Murweh Regional Council Valuations were last issued in the Murweh Shire Council area in 2018. Property land use by total new value Residential land Table 1 below provides information on median values for residential land within the Murweh Shire Council area. Table 1 - Median value of residential land Residential Previous New median Change in Number of localities median value value as at median value properties as at 01/10/2020 (%) 01/10/2017 ($) ($) Augathella 4,700 4,700 0.0 166 Bakers Bend 200 200 0.0 1 Charleville 12,200 9,800 -19.7 1,296 Cooladdi 3,000 3,000 0.0 2 Langlo 750 750 0.0 2 Morven 11,200 13,500 20.5 96 All residential 12,000 9,600 -20.0 1,563 localities Explanatory Notes: The town of Charleville has generally experienced moderate reductions in residential lands.
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