Valuations
 
 
 
 
 

Insight Property provides a wide range of clients independent property valuations in a timely and professional manner. All valuations undertaken by this office begin with a comprehensive property inspection conducted by a certified practicing valuer, and include a detailed written report.

Insight Property provides a wide range of valuation services that includes:

Valuation services

-Current and Retrospective Market valuations
-Family Law valuations
-Pre-Purchase valuations
-Pre-Sale valuations
-Mortgagee in Possession/forced sale valuations
-Self-Managed Superannuation valuations
-Capital Gains Tax valuations
-GST valuations
-Estate/Probate valuations
-Centrelink/asset test valuations

Clients include

- Private citizens
- Solicitors
- Accountants
- Financial Advisers
- Real Estate Agents 
- Body Corporate Managers 

 

Turn around times

Reports are usually completed within 72 hours of the inspection of the property

Is a valuation different from a real estate agent's appraisal?

An independent valuation and a real estate agent's appraisal are documents that are created for different purposes. An agent uses his local market knowledge to arrive at a selling figure at which they believe the property should be placed on the market, and can be subject to many factors.

A valuation is an opinion of the value of a property provided by a property professional without bias or influence that is suitable for many uses, including admission in a court of law, and for use by government bodies. Property valuers are the recognised experts in determining a properties value.

How much does a valuation cost?

The cost of a valuation varies according to the size, value and type of the property to be valued, as well purpose of the valuation. Valuation fees start from $440 inc GST.

The cost of a valuation is usually tax deductible if the property is held for investment purposes.

What qualifications does a valuer have?

A valuer must complete relevant tertiary level qualifications, a further two years of initial professional practice, ongoing education, and be licensed or registered by the appropriate state body to practise as a qualified valuer. In Victoria, it is the local branch of the Australian Property Institute (AAPI).

Is a valuation different from a council rates notice?

Yes. A rating valuation is prepared for the purpose of assessing rates and land tax of a property. It does not usually involve an internal inspection and is prepared at a particular date.

The relevant date of valuation on your rates notice can vary depending upon where you live. This valuation cycle can be 12 months and up to 4 years in some cities.

 

 
   
 

 

 
 
 
 
 
     
 
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