Hi everyone,
I just wanted to understand the working behind the Queensland land valuations done by the DNRM (Department of Natural Resources and Mines).
How can land values in a particular street in a suburb decrease by more than 10%, while the next street increases by 6%?
I live in North lakes. The next street to us is no different to ours. The land sizes are the same, the properties were built around the same time.
I don't get it.
Any comments/ advice will be highly appreciated.
Thanks,
Patrick
I just wanted to understand the working behind the Queensland land valuations done by the DNRM (Department of Natural Resources and Mines).
How can land values in a particular street in a suburb decrease by more than 10%, while the next street increases by 6%?
I live in North lakes. The next street to us is no different to ours. The land sizes are the same, the properties were built around the same time.
I don't get it.
Any comments/ advice will be highly appreciated.
Thanks,
Patrick