The NSW Valuer General has published land values for the Central Tablelands region. The land values reflect the value of land in NSW, as at 1 July 2023.
The total land value for the Central Tablelands region experienced a moderate increase of 6.4% between 1 July 2022 and 1 July 2023, from $39.5 billion to $42 billion.
Residential land values across the region experienced a moderate increase of 5.2%. The strongest increases were experienced in Cowra (23.3%) and Cabonne (20.2%) with a high level of interest from purchasers seeking affordable housing options within major regional centres and alternative housing options near major regional centres.
Commercial land values across the region remained steady at 1.1%. Blayney (21.4%) and Cowra (8.1%) experienced the strongest increases. Blayney benefited from approval of a local gold mine and strong demand for affordable commercial properties. Cowra benefited from expanding agricultural and manufacturing service sectors, as well as increased investment in the aviation sector.
Industrial land values across the region experienced a strong increase of 20.9%. Orange (29.1%) and Cowra (23.9%) experienced the strongest increases with a strong demand from investors and owner occupiers seeking modern warehouses on larger sites with good transport links.
Rural land values across the region experienced a moderate increase of 7.7%. Cabonne (15.8%) and Lithgow (9.2%) experienced the strongest increases with purchasers seeking affordable rural lifestyle properties close to major regional centres and Sydney.
For more information, visit: www.valuergeneral.nsw.gov.au