Property owners in Logan, across Qld prepare for 2025 valuation increases

Landowners in 14 regions are bracing for new land valuations to come into effect in July, with most suburbs expected to post increases in value. SEARCH FOR YOUR SUBURB

State Valuer-General Laura Dietrich announced 14 local government areas would undergo valuation assessments which will come into effect by July 1.

Land owners in 14 local government areas are bracing for potential increases in land valuations after the Queensland Valuer-General announced it had completed its assessments and surveys of properties.

Valuer-General Laura Dietrich confirmed that Logan, along with Brisbane, Cairns, Townsville, and Toowoomba would all receive updated valuations for 2025.

Others include Cassowary Coast, Charters Towers, Murweh Shire, Paroo, Quilpie, Rockhampton, Scenic Rim, South Burnett and Southern Downs.

The land revaluations of Logan’s 39 suburbs, set to take effect from June 30, 2025, will reflect land values as of October 1, 2024.

The latest valuations follow comprehensive surveys conducted by the State Valuation Service last year with expert valuers conducting on-the-ground assessments and desktop research to analyse property market trends since the previous valuation.

While the valuation itself does not set rates, local councils use the figures to calculate annual rate levies.

Logan’s suburbs have all been revalued for 2025.

Logan, which missed out on official valuations in 2024, was last assessed in October 2022 with that coming into effect in March 2023.

The new valuations could impact ratepayers, as land valuations play a crucial role in determining council rates.

Logan’s last land valuation showed the city experienced moderate yet notable increases in the median values of residential land.

The highest rise and most striking change in the last residential valuations occurred in Veresdale Scrub, where the median land value skyrocketed by 90.3 per cent, from $383,650 to $730,000.

Veresdale also had a substantial increase of 16.1 per cent, bringing its median land value up to $235,000.

Other suburbs with remarkable valuation hikes included Undullah, which posted a 45.8 per cent rise from $96,000 to $140,000, and Windaroo, where the median value rose by 40 per cent, from $275,000 to $385,000.

Logan Reserve also had a considerable surge of 39.5 per cent, increasing from $215,000 to $300,000, while Riverbend experienced the highest percentage change in residential land values at 70.7 per cent, climbing from $375,000 to a staggering $640,000.

Several areas within Logan City’s developing suburbs also saw consistent growth, with Park Ridge experiencing a 36.4 per cent increase, while Logan Village had a 13.8 per cent rise.

The continued demand in Yarrabilba pushed up valuations by 16.7 per cent with Jimboomba experiencing a 20.8 per cent increase, and Flagstone a 16.7 per cent rise.

Areas such as Cornubia and Daisy Hill experienced more modest increases — 9.9 per cent and 14.9 per cent, respectively.

Logan’s Veresdale Scrub experienced the highest percentage valuation increase in the 2023 data.

Overall, the city’s residential land median value rose by 18.5 per cent in the last valuations.

Logan employs a three-year average valuation system to smooth out fluctuations and minimise sudden financial impacts on ratepayers.

Logan ratepayers will be notified of their new land valuations on the day of issue if they register for email notifications through the Queensland Government’s land valuation portal.

The council will receive a briefing on the valuation process and its implications for the 2025–26 budget.

A confidential report will also be presented at an upcoming council meeting to discuss potential budget impacts.

■ The council this week announced it would reschedule key meetings originally planned for March due to Cyclone Alfred.

Meetings originally scheduled for 11, 12, and 19 March have now been moved to new dates of 19 and 20 March, with the general meeting to be held on March 27.