Land Valuation

In reply to Ms STINSON (Badcoe) (23 November 2020).

The Hon. V.A. CHAPMAN (Bragg—Deputy Premier, Attorney-General, Minister for Planning and Local Government): I have been advised:

In anticipation of the 1 January 2021 general valuation, the Valuer-General has instructed her service provider, Land Services SA to undertake a research report as to the impacts of COVID-19 on the property market.

This report includes both qualitative and quantitative research and analysis to inform her position. In order to understand the impacts closest to the date of valuation 1 January 2021, industry engagement and research is at its peak at this time and therefore, the results are not yet clear.

There is also a significant amount of market commentary relating to this topic which is, at times, conflicting in nature.

As such, it would currently be premature to elaborate on the current investigations.