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Regional properties more affordable than ever across North Queensland

first_img107 Ocean View Drive, Bowen offers magnificent ocean views and could be all yours for $799,000The drop in value of local properties has been somewhat offset however by a 12.5 per cent boost to land values in Airlie Beach. Queensland Valuer-General Neil Bray said valuation changes varied across the region.“Residential values have risen slightly in Cannonvale, with some slight to minor reductions in Bowen and Proserpine, minor increases in Airlie Beach and significant falls in Collinsville and Scottville,” Mr Bray said.“Some localities, such as Collinsville and Scottville, reflected significant decreases in median values due to a downturn in the coal mining industry with the median value of residential land in Collinsville falling from $21,000 to $9500.” View of Bowen Harbour, North Queensland. iStockIF owning a weekender is on your bucket list, cast your eyes towards the Whitsundays.Property valuations across Bowen and Collinsville have dropped to a record low in annual valuation figures released by the Department of Natural Resources and Mines this month.While valuations have only fallen by an average of 1.5 per cent across the Whitsunday region, Collinsville and Scottville land values have been slashed by over half after they were similarly cut last year.Bowen land value also dropped by 12.4 per cent. This five-bedroom home at43 Pelican Street, Collinsville is the perfect project for a motivated renovatorLand owners who object to their land valuations can register their concerns with the department until May 8.While the overall drop in values may have left some property owners in a perilous position, Housing Industry Association Regional Director North Queensland Robert Harding said the drop in values was an opportunity for buyers and builders looking to invest in the region.“The largest cost of building is the land component as well as government taxes,” he said.“Whenever we see land values drop, it generally benefits our building industry as everything that goes into building becomes more affordable so this drop is certainly welcomed by all of us.” Looking for a tree change? This Collinsville property onNormanby Road comes with 400 breeders and a four-bedroom homestead.“The movement in valuations reflect the diversity in our Whitsunday Region’s economy — some areas have seen significant improvement while other areas are still doing it tough,” Cr Willcox said.“It is like a patchwork in movement in the land valuations, even at a suburb level, some streets have increased, while others have decreased.“If the property owners dispute the valuations provided for 30 June 2017, they must object to the State Government, not council.” Are you looking for a weekender with plenty of room for a boat? Than94 Herbert Street, Bowen should be on your `must-inspect’ list.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020The new land valuations will be used by Whitsunday Regional Council to generate general rates for 2017/18.Movement in land valuations will impact on the individual rate assessment, as well as the total rate revenue that council receives through rate notices.In stressing that valuations were set by the Queensland Government, Mayor Andrew Willcox encouraged locals to review their new valuation and challenge it if they had concerns.last_img

Brauns, Brown win at West Liberty

first_imgBy Jerry MackeyWEST LIBERTY, Iowa (July 2) – Saturday night, the West Liberty Raceway hosted the IMCA Weekly Racing Series with the fourth annual Drivers’ Reunion, which featured several drivers from the past on hand as guests of the track.The headliner of the night saw up and comer Jonathan Brauns score his first ever iWireless IMCA Late Model feature win in very convincing fashion. Brauns shot out front from his outside front row start and went on to lead the caution free main event flag to flag.The win has been coming for quite sometime for the young Muscatine driver and Brauns stated in victory lane, “Winning at West Liberty is very special and we have been close on several occasions and it feels really great to get our first here.” Rob Moss ran second on Saturday night ahead of Chad Holladay and Ron Boyse.The Performance Concepts IMCA Modified feature saw Steve Stewart break a two-year winless streak at West Liberty with an impressive win in the 20-lap feature. Stewart took over the top spot early in the race as he shot by early leader Matt Bodman. Stewart went on to score the win ahead of Jerry Luloff and Derrick Stewart.The Weikert Iron & Metal IMCA Northern SportMod main event win went to rookie driver Jarrett Brown. Brown was flawless despite heavy pressure from Colton Livezy and Dalton Simonsen who finished second and third, respectively. Although Jarrett Brown is not old enough to drive on the streets, he proved that he is more than capable of winning races at the tender age of 14.Johnny Spaw took advantage of a late race caution to score the 15-lap feature in the Kile Motorsports IMCA Stock Car Class. David Brandies was involved in the late race caution but raced back to finish second ahead of Matt Picray.The US 6 Bodyworks IMCA Sport Compact feature was decided on the home stretch as Jason KlerkDerus shot to the low side in turn four and took a half car length win over Shane Evans.last_img read more