Snowy Mountains

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The total land value for the South East region increased only slightly over the 12 month period to 1 July 2016 by 2.6 percent from approximately $26 billion to $26.67 billion, according to the latest report from the NSW Valuer-General.
The Report on NSW Land Values at 1 July 2016 found that there was an overall increase in land values of 2.7 percent for residential properties. The largest increases in residential land values were seen in the former council areas of Palerang, 5.1 percent, and Snowy River, 6.1 percent.
Overall, commercial land values increased slightly by 2.4 percent. However, commercial land values in the Goulburn Mulwaree Council area showed moderate increases of 7.4 percent, with investors and owner occupiers competing for the limited number of properties on the market.
Industrial land values generally remained steady across the region. Exceptions to this trend were seen in Yass Valley Council and the former council area of Palerang, where values increased by approximately 10 percent, as well as in Upper Lachlan Shire Council, where the total industrial land value fell by 6.2 percent.
Rural land values showed an overall slight increase of 2.6 percent, influenced by strong stock and commodity prices and good seasonal conditions.
For more information including interactive online land value summaries for all LGAs and 14 regions covering the state go to <a href="https://www.valuergeneral.nsw.gov.au" target="_blank">www.valuergeneral.nsw.gov.au</a>.
<a href="https://www.propertyobserver.com.au/images/2017/02/01/nsw-11.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/02/01/nsw-11.jpg" alt="">
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Snowy River residential values outperform in South East: NSW Valuer-General

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The former Coalition deputy prime minister Tim Fischer has listed his lakeside Snowy Mountains retreat. 
The Lake Khancoban lifestyle property, <a href="https://www.wodongarealestate.com.au/buying/NSW/Riverina-and-Murray/Khancoban/Land/1P10812" target="_blank">Kathmandu</a> last sold for 25 years - used since as both a summer and winter retreat.
There is a levelled home site on the 40-hectare holding, along with shedding.
Wodonga Real Estate agent Des Lonergan has it listed for $220,000.
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