Somerset Regional Council hasn’t had a land valuation completed since 2019 (file image).
Somerset Regional Council hasn’t had a land valuation completed since 2019 (file image).

Somerset Council forced to pay $116K for incomplete service

Somerset Regional Council is one of the fortunate councils who will receive land valuations this year.

At Somerset Regional Council's first meeting of the year, Finance Director Geoffrey Smith said council paid $116,000 annually, regardless if a valuation was carried out or not.

"Council has asked consistently that valuations are done each year," Mr Smith said.

"It will be interesting to see what the impact of the previous year will have had on property prices."

In council's minutes, it was confirmed that the Department of Resourced would undertake an annual land valuation, expected to be completed by March 31.

The last time Somerset Regional Council received a land valuation was completed in 2019.

Mr Smith said five property searches had been submitted to council on Wednesday.

"Things are really moving along in the property market," he said.

Somerset councillor Cheryl Gaedtke said it was a great outcome.

"I'm aware other councils haven't been as fortunate with the undertaking on an annual basis," she said.



LEADING LADIES: Meet the Lockyer's most inspirational women

Premium Content LEADING LADIES: Meet the Lockyer's most inspirational women

A young cancer battler inspires with her positivity, a nurse with her caring nature...

Man busted speeding, unlicensed driving walks out of court

Premium Content Man busted speeding, unlicensed driving walks out of court

A man charged with three serious traffic offences has walked free from court after...

REVEALED: Fast food chain applies for new store at Plainland

Premium Content REVEALED: Fast food chain applies for new store at Plainland

A major food retailer is awaiting green light to begin construction of their store...