Southern Downs Regional Council

Overview of 2025 land valuation

For Southern Downs Regional local government area (LGA), the revaluation included 18,747 properties, with a total value of $5,029,494,000, an overall increase of 29% since the last revaluation issued in 2023.

Property market changes within the Southern Downs Regional LGA are being driven by:

  • the affordability of the region compared to other areas in South-East Queensland, with buyers seeking lifestyle changes
  • continued confidence within rural industries.

Total value by land use

Land typeValue Percentage of total land value
Single Unit Residential $1,821,943,500 36.2%
Rural Residential $1,337,430,400 26.6%
Multi-Unit Residential $44,460,000 0.9%
Commercial $245,164,000 4.9%
Industrial $92,407,000 1.8%
Primary Production $1,433,401,300 28.5%
Other $54,687,800 1.1%
LGA total $5,029,494,000 100%

Note: The sum of percentages may not equal 100% due to rounding.

Residential land

There has been a significant increase in median values within the residential market localities of Southern Downs Regional LGA since the last valuation. The overall median value for residential land in the Southern Downs Regional LGA is $180,000, an increase of 42.9%.

The table below shows the changes in median value of residential land in the Southern Downs Regional LGA.

Locality Previous median value (as at 1 October 2022) New median value (as at 1 October 2024) Change in median value Number of properties
Allora $109,000 $152,500 39.9% 409
Glen Aplin $51,000 $112,000 119.6% 119
Hendon $70,000 $112,000 60% 105
Killarney $124,000 $136,000 9.7% 374
Leyburn $64,000 $93,000 45.3% 119
Maryvale $84,000 $187,500 123.2% 201
Pratten $87,000 $148,000 70.1% 77
Rosenthal Heights $135,000 $182,500 35.2% 694
Stanthorpe $122,000 $192,500 57.8% 2,057
The Summit $57,000 $97,000 70.2% 60
Thulimbah $49,500 $84,000 69.7% 52
Wallangarra $39,250 $68,500 74.5% 232
Warwick $135,000 $182,500 35.2% 5,007
Yangan $113,000 $152,500 35% 88

Note: Table includes localities with a minimum of 50 properties as residential land use.

Explanatory notes

  • Residential land values in most Southern Downs localities have recorded significant increases due to affordability and lifestyle opportunities being within close proximity to South-East Queensland. The exception being the town of Killarney where residential values recorded a minor increase.

Rural residential land

The table below shows the changes in median value for rural residential land in the Southern Downs Regional LGA.

Previous median value (at 1 October 2022) New median value (at 1 October 2024) Change in median value Number of properties
$175,000 $240,000 37.1% 5,342

Explanatory notes

  • Rural residential values within Southern Downs Regional LGA have recorded significant increases due to affordability, lifestyle reasons and the close proximity to South-East Queensland, and positive impacts in the localities near the MacIntyre Wind Farm project. The exception being properties around Mount Marshall where rural residential values remained steady.

Other land uses

The table below shows the total value of land uses (other than residential and rural residential land) in the Southern Downs Regional LGA.

Land use category Previous total land value (at 1 October 2022) New total land value (at 1 October 2024) Change in total land value (%) Number of properties
Multi-Unit Residential $37,952,500 $44,460,000 17.2% 154
Commercial $224,491,400 $245,164,000 9.2% 622
Industrial $89,563,000 $92,407,000 3.2% 232
Primary Production $1,196,486,100 $1,433,401,300 19.8% 2,283
Other $39,547,300 $54,687,800 38.3% 191

Explanatory notes

  • Sales within the commercial market in Warwick recorded no change, although Stanthorpe had significant increases.
  • The industrial sector recorded a slight change in the Southern Downs Regional LGA.
  • Demand for multi-unit land varied, with no changes in value in Warwick, and a significant change within the Stanthorpe locality, in line with the residential market.
  • Cattle commodity prices reduced during 2023, after significant growth in 2019-2022. This corresponded with significant increase in rural land values during that period, as a result of continued low interest rates, good seasons and high commodity prices. Since that time, despite lower commodity prices and higher interest rates, recent sales support the continued confidence.

More information

To view the valuation roll display listing for Southern Downs Regional LGA, you can:

  • see land valuations online
  • visit the Department of Natural Resources and Mines, Manufacturing and Regional and Rural Development, 1st Floor, Cnr Guy and Fitzroy Streets, Warwick during business hours until 30 June 2025.

Adverse weather events

Has an adverse weather event impacted your land? Learn more about adverse weather events and provide event details online if you've been impacted.

Impacts of adverse weather