The value of land for homes in the Eurobodalla has plummeted while it’s on the rise in the Bega Valley.
New figures just released by the NSW Valuer General show the worth of residential blocks in the Eurobodalla are now 2.9 percent lower and 5.9 percent less for rural land.
In the Bega Valley, residential land increased in value by 2.9 percent while farmland is up 4.2.
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In stark contrast industrial and commercial land values are on the rise in the Eurobodalla.
The worth of industrial blocks in the shire have risen 2.3 percent in the latest valuations released by the State Government.
The figure for commercial land has jumped by 2.8.
