Tax shock: 19 councils targeted in blanket land revaluation

A 313 sqm block of residential land sold for $520,000 in Yarrabilba in Logan on July 30, 2026. With sales values defying the downturn, the Qld Valuer-General will have a hard task with this round of revaluations. A hip-pocket hit is heading for homeowners and investors as state authorities revalue land in almost a third of rateable council areas – with rates, taxes and holding costs all set to jump. The Valuer-General announced property owners in 19 local government areas across the state will face a statutory valuation update, for some the first they’ve had in years – exposing households, businesses, and primary producers to higher council rates and state land tax bills, with fallout for renters too. 19 Queensland councils have been named in the Valuer-General revaluation list for 2027. Statutory land valuations form the tax base used to calculate local council general rates and determine liability for state land tax, and in council areas that have not been revalued recently, the new assessment would bring previously unmeasured market growth over several years into account all at once. Analysis of Queensland Valuer-General datasets found councils facing extreme risk of sharp rises...