The Queensland government will not order new land valuations in areas devastated by recent floods after the regulator hiked values by 20 per cent in some areas.
Valuer-General Neil Bray on Thursday raised land values in 30 local government areas, including flood-hit Brisbane, Ipswich, Logan, the Gold Coast, Moreton Bay, the Sunshine Coast, Noosa, the Lockyer Valley, Scenic Rim, Somerset, Gympie and the North and South Burnett.
Valuations, which were determined last October, rose up to 20 per cent in parts of Brisbane, where thousands of homes were impacted by the February-March floods.
