How we value property.
The same process for every report, written down so you know what you are relying on.
The property, the date, the purpose and the right report, confirmed in writing with the valuer, fee and timing before anything is charged.
Comparable sales near the valuation date, property records, imagery and the state of the market at the time.
The value is concluded from that evidence, then reviewed and signed by a property valuer named to you in writing.
Market value
Every report gives a market value: the price a property would sell for on the valuation date between a willing buyer and a willing seller, acting knowledgeably and without pressure.
Past dates
For a past date, the valuer uses sales and market evidence from around that date, not what happened afterwards. Past dates cost the same as today's date; dates before 1985 are quoted because older records are thin.
Desktop and inspected reports
Desktop reports are prepared without a site visit and rely on records, imagery and what you tell us about the property, so they suit standard homes, units and vacant lots. Complex or high-value property, and anything likely to be tested, gets an inspected or quoted report. Compare them.
Independence
We don't sell property, broker loans or take a share of any sale, so the value has no stake in the outcome. We don't value for lenders.
Limits
Each report is for the purpose, date and person named in it. We value property; we don't give tax, financial or legal advice. The ATO doesn't approve or accredit valuers or valuations for CGT purposes.