A GROUP of Wellington Point residents plan to challenge the recent state government land valuations.
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Queensland Valuer-General Neil Bray said there was a 2.2 per cent rise in average land value for Redland City Council's 58,670 properties in the two years from October 2012.
The statistics included a 1.8 per cent rise in the median value of 4082 properties in Wellington Point from $275,000 in October 2012 to $280,000 in October 2014.
Wellington Point resident John Keaveny disputed the figures.
He said the valuation for his 680sq m property rose 48 per cent, from $300,000 to more than $444,000 over the two years.
He also pointed out an error on the valuation notice, which wrongly stated his block of land was 860sq m when it was only 680sq m.
"I don't want to be paying 50 per cent more in rates when the rest of the suburb has only realised a slight increase," Mr Keaveny said.
"All my neighbours in my street have had fairly substantial increases and I can't see that the unimproved capital value of the land around here has gone up by 50 per cent."
Department of Natural Resources and Mines State Valuation Service area manager South Coast Greg Crowley rechecked the valuation and said it was accurate.
"Valuations in Apsley Street, Wellington Point, were based on recent market evidence of vacant and lightly-improved sales and have been investigated and confirmed as correct," he said.
"Errors in recording the area of the land on valuation notices will be corrected for future notices.
"An individual valuation is based on the how it compares with available sales evidence.
"The median price is provided solely as a guide for the typical value in an area so land owners can compare their value."
Registered valuers from the State Valuation Service analyse movements in the local property market when preparing valuations and use a number of audit processes, including digital mapping, to ensure accuracy.
Landowners who believe their valuation is incorrect have until May 4 to lodge their complaint.
They must provide information to support their claim, which can be lodged online at www.dnrm.qld.gov.au or at an address shown at the top of their valuation notice.
Landowners without internet access can get an objection kit that includes a step-by-step guide by contacting the toll-free number 1300 664 217.
