The total value of Narrabri Shire land has risen to $1.74 billion in the past three years, up from $1.6 billion.
Data released by the NSW Valuer General Simon Gilkes reveals increases in shire land value, more or less depending in which part of the shire the land lies, with Boggabri recording a significant increase.
The Valuer General this week sent out 7,021 Notices of Valuation to landholders in the shire.
Notices of Valuation show the land value of a property based on real estate market conditions as at July 1, 2014.
“The land value is the value of the land only and does not include the value of a home or other improvements on the land,” Mr Gilkes said.
“Property sales are the most important factor considered when determining land values.”