Rural and Lifestyle Property Valuations
What is Rural or Lifestyle Property Valuation?
Rural and lifestyle properties are those properties outside of metropolitan Melbourne that comprises homes and business on land over 1 hectare in size.
The properties we value include lifestyle properties, hobby farms and certain types of income producing land with associated improvements.
The Mornington Peninsula has a very wide range of lifestyle properties stretching from Somerville to Rye, and includes the very prestigious rural areas such as Merricks, Main Ridge, Shoreham, Flinders and Red Hill.
Insight Property conducts regular valuations on lifestyle and rural properties across the Mornington Peninsula for a wide range of purposes. We also conduct valuations on French Island, as well as surrounding areas by request.
Valuations are conducted on smaller lifestyle properties as well as larger rural properties upto and over 50 acres (20 Hectares) on a weekly basis.
A number of these properties have very significant improvements including indoor horse riding arenas, menages, stables, grapes vines, additional dwellings and some have extensive rural or ocean views.
Getting a report from a company with valuation experience in the area is key to making sure you get an unbiased and accurate appraisal.
You’ll need someone with knowledge of current market conditions, as well as specific issues relating to rural property prices in the local area.
Why Do People Use Insight Property When Buying Country Property?
Insight Property is an entirely independent and experience valuer of rural property. This means you can rely on us for a precise valuation of your rural property.
The qualified, fully licensed and experienced professional who you’ll be talking to will make your assessment process easy.
This professional will be the same expert every time – your personal valuer – someone who’s fully conversant with the state of the property market in the area that you’re interested in, and in your case in particular.
Use us and we’ll make sure that you:
- Are getting advice and a precise evaluation from a ten-year or more industry veteran
- That the figure you get is supported by the Australian Property Institute
- Can count on advice and information before, during, and after your assessment.
- Get a service that is independent, ideal for personal or business use, and personalised to meet your needs.
Other types of rural property valuations
Capital Gains Tax (CGT)
Many rural properties when being sold can benefit from the main residence exemption The ATO Subsection 118-120(2) of the ITAA 1997 provides exemptions to adjacent areas of land to a maximum of two hectares.
Insight Property understands the Capital Gains Tax in its application to rural property valuations and we will ensure your valuation takes into account all aspects required by the ATO.
OTHER EXAMPLES OF REASONS FOR RURAL PROPERTY VALUATIONS ARE:
Set Up a Hassle-Free Rural Valuation and Assessment
Call 1300 134 505 now and chat with an expert about the rural property valuation you need.
Or, why not contact us online? Simply send us your details, and we’ll get back to you within the hour.
With Certified Practicing Valuer status and every valuer having more than fifteen years in the valuation industry behind them, the specialists you speak to will be able to answer any questions that you might have.
As well as to arrange a swift and stress-free valuation.
What’s more, with an office in Tootgarook our licensed rural property valuers know the rural property market on the Mornington Peninsula better than anyone else.
We provide high quality property valuation reports and advice to every client – always.
Every property valuer has a minimum 15 years experience.
Expert independent property valuation services throughout Melbourne and the Mornington Peninsula.