Peters v Chief Executive, Department of Natural Resources

The appeal by Noel C and Dawn E Peters against a valuation of $127,000 placed by the Chief Executive of the Department of Natural Resources on their land in Carindale was heard in the Land Court of Queensland. The Peters contested the valuation, arguing that the unimproved value of their property was $110,000. The respondent's valuation was supported by Ross Brian Cranstoun, a registered valuer. The subject property, located at 3 Inkerman Court, is a 746 m² elevated fan-shaped allotment used for a single dwelling, situated in an established residential neighbourhood.

The court had to determine whether the valuation was correct and whether the Chief Executive's methodology was appropriate. The appeal was based broadly on the valuation figures for neighbouring properties and included references to specific sales. The court examined three sales presented by Cranstoun, considering their relevance and comparability to the subject property. The court also reviewed nine additional sales cited by the appellants to evaluate the differential in value.

The court found that the valuation by the Chief Executive was not erroneous and was supported by relevant sales evidence. The comparison between the subject property and the sale properties, particularly Cranstoun's Sale 1 at Donnington Street, was deemed appropriate and justified the valuation. The court concluded that the appeal did not demonstrate that the valuation was based on an error of fact or principle. The appeal was dismissed, and the Chief Executive's valuation was affirmed.