Hammock Investments Pty Ltd v Valuer General of New South Wales [2024] NSWLEC 1673

Land and Environment Court New South Wales

Medium Neutral Citation: Hammock Investments Pty Ltd v Valuer General of New South Wales [2024] NSWLEC 1673 Hearing dates: 1, 2, 3, 4, 5 July and 28 August 2024 Date of orders: 24 October 2024 Decision date: 24 October 2024 Jurisdiction: Class 3 Before: Peatman AC Decision: The Court orders that in Proceedings nos 2023/291800 and 2023/291801: (1) The appeals are upheld. (2) The Valuer-General's decision dated 18 July 2021 disallowing the Applicant's objection to the Valuer-General's valuation of Lot 350 in Deposited Plan 755695 known as Lot 350 Ewingsdale Road Byron Bay for the valuing year 2021 is revoked. (3) The Valuer-General's decision dated 18 July 2021 only allowing in part the Applicant's objection to the Valuer-General's valuation of Lot 350 in Deposited Plan 755695 known as Lot 350 Ewingsdale Road Byron Bay for the valuing year 2022 is revoked. (4) The value of the land being Lot 350 in Deposited Plan 755695 known as Lot 350 Ewingsdale Road Byron Bay for the Land Valuation Year 2021 is $810,000. (5) The value of the land of Lot 350 in Deposited Plan 755695 known as Lot 350 Ewingsdale Road Byron Bay for the Land Valuation Year 2022 is $810,000. Catchwords: VALUATION OF LAND – appeal against valuations by Valuer-General – s 6A of Valuation of Land Act 1916 (NSW) – determination of land value – upzoning timing - constraints Legislation Cited: Environmental Planning and Assessment Act 1979, s 9.1 Land and Environment Court Act 1979, ss 19, 39 Valuation of Land Act 1916, ss 6A, 29, 37, 40 Byron Local Environmental Plan 2014, cll 2.1, 2.2, 4.2A, 5.21, 5.22, 6.8 Cases Cited: Adelaide Clinic Holdings Pty Ltd v Minister for Water Resources (1988) 65 LGRA 410 Arcus Shopfitters Pty Ltd v Western Australian Planning Commissioner [2002] WASC 174; (2002) 125 LGERA 180 Attard v Transport for NSW (2014) 205 LGERA 396; [2014] NSWLEC 44 Barkat v Roads and Maritime Services [2019] NSWCA 240 Bone v Wallalong Investments [2012] NSWSC 137 Buhach v Transport for New South Wales [2022] NSWLEC 148 Chircop v Transport for NSW [2014] NSWLEC 63 Coundrelis v Roads and Traffic Authority of (NSW) [2008] NSWLEC 72 DBW Reynolds Pty Ltd as trustee for the DBW Reynolds Family Trust v Public Transport Authority [2023] WASC 165 De Ieso v Commissioner of Highways (1981) 47 LGRA 412; (1981) 27 SASR 248 Everest Project Developments Pty Ltd v Minister Administering the Environmental Planning and Assessment Act 1979 and Another (2010) 177 LGERA 43; [2010] NSWLEC 88 Gajapatiraju v Revenue Divisional Office Vizagapatam (1939) AC 302 Graham Trilby Pty Ltd v Valuer General [2009] NSWLEC 1087 Graham Trilby Pty Ltd v Valuer-General [2008] NSWLEC 217 Graham Trilby Pty Ltd v Valuer-General [2011] NSWLEC 68 Housing Commissioner (NSW) v Falconer [1981] 1 NSWLR 547 Jameson v Rail Corporation (NSW) [2014] NSWLEC 83 Kelliher v Commissioner for Main Roads (No 2) [2015] WASC 478 Kenny & Good Pty Ltd v MGICA (1992) Ltd 199 CLR 413; [1999] HCA 25 Kogarah Town Centre Pty Ltd v Valuer General (No 3) [2014] NSWLEC 1124 Leichhardt Council v Roads & Traffic Authority (NSW) (2006) 149 LGERA 439; [2006] NSWCA 353 Limina Holdings Pty Ltd ITF Galileo Superannuation Fund v Valuer General of New South Wales [2019] NSWLEC 110 Marroun v Roads and Maritime Services [2012] NSWLEC 199 McBride v MidCoast Council [2021] NSWLEC 100 McKay v Commissioner of Main Roads (No 7) [2011] WASC 233 New South Wales Cremation Company Pty Ltd v Valuer-General [2016] NSWLEC 135 Norwest City Pty Ltd ATF Norwest City v Valuer General [2018] NSWLEC 50 Olefines Pty Ltd v Valuer-General of New South Wales (2018) 228 LGERA 407; [2018] NSWLEC 18 Panori Pty Ltd atf Sleiman Property Trust v Valuer General [2023] NSWLEC 116 Park v Allied Mortgage Corporation Ltd (Federal Court of Australia, 5 July 1995, unrep) Parramatta City Council v Valuer-General and Another (1965) 10 LGRA 160 Perisher Blue Pty Ltd as Trustee for the Snow Trust v Valuer General (NSW) [2023] NSWLEC 41 Redeam Pty Ltd v South Australian Land Commission (1977) 40 LGRA 151 Riverbank Pty Ltd v Commonwealth (1974) 48 AJLR 483 Royal Sydney Golf Club v Commissioner of Taxation (Cth) (1957) 97 CLR 379; [1957] HCA 31 Sales and Ors v Transport for NSW (No 2) [2021] NSWLEC 96 Secretary to the Department of Economic Development, Jobs, Transport & Resources v Manor Lakes (Werribee) Pty Ltd (2017) 224 LGERA 195; [2017] VSCA 114 Spicer v Valuer-General (1963) 10 LGRA 319 Tenstat Pty Limited v Valuer General, Woolworths Limited v Valuer General [2012] NSWLEC 1361 Trandos v Western Australian Planning Commission [2001] WASCA 346; (2001) 117 LGERA 256 [73] Trust Company of Australia Ltd v Valuer-General (2007) 154 LGERA 437; [2007] NSWCA 181 Turner v Minister of Public Instruction (1956) 95 CLR 245; [1956] HCA 7 Vilro Pty Ltd v Roads and Traffic Authority (NSW) (2010) 179 LGERA 47; [2010] NSWLEC 234 Walker Corporation Pty Ltd v Sydney Harbour Foreshore Authority (2008) 233 CLR 259; [2008] HCA 5 Warwick Farm Central Pty Ltd v Valuer General [2024] NSWLEC 25 Willis v Roads and Maritime Services (NSW) [2015] NSWLEC 165 Yates Property Corporation Pty Ltd (In Liq) v Darling Harbour Authority (1991) 24 NSWLR 156; (1991) 73 LGRA 47 Texts Cited: Byron Shire Coastal Hazards Assessment Update 2013 Byron Shire Development Control Plan 2014 Byron Shire Residential Strategy 2020 Byron Shire Residential Strategy 2041 Floodplain Development Manual 2005 North Coast Regional Plan 2036 Category: Principal judgment Parties: Hammock Investments Pty Ltd ACN 003 240 551 (Applicant) Valuer General of New South Wales (Respondent) Representation: Counsel: H El-Hage SC, with T Poisel (Applicant) R White (Respondent)