The Broom rates highly in review
PROPERTY owners in the Clarence Valley received revised land valuation figures this week but the response has been muted as they wait to see how their rates will fare under the new estimates.
Kelvin 'Snow' Watkins retired to Brooms Head in 1991.
In 1999, Mr Watkins' property was valued at just under $50,000 by the Carr Government. Five years on, that value is now well over $300,000, representing a price almost eight times higher.
Mr Watkins believes the rapid value increases attached will almost certainly drive up rates for all homeowners in Brooms Head, in turn driving out people who cannot afford the increases.
"We're going to stay there, we've got no plans to sell-up so it doesn't matter if the land's valued at $10,000 or $100,000 we're still going to stay there," he said.
"Eventually they are going to push the retired people off the coast because they will not be able to afford to pay the rates."
Clarence Valley homeowners have no choice but to wait as the Clarence Valley Council begins to measure the impact the new figures will have.
Council acting general manager Ken Boyle has said that a valuation rise will not automatically lead to higher charges for every homeowner.