Property Tax, Not Land Tax

THE familiar sounds of summer. The crackle of cicadas. The squawk of seagulls at the beach. The anguished cries of property owners who have just received their official land valuations. They complain that some valuations from the Valuer-General are going up in a market that is going down, and point to instances of properties selling for less than the Valuer-General's figures. A house and land at East Gosford has been given an official land valuation of $324,00 though it sold last year for ...

Home Prices Fall Below Land Tax Valuations

HOMES are being sold for less than their official land value, as the bulk of recent valuations have continued to defy the trend of subdued property prices.

Hot Property At Home On The Beach

BEACHSIDE Newcastle real estate is more prized than ever, with Merewether and Bar Beach land values rising by more than $100,000 in a year, figures from the Valuer-General of NSW show.