If yours is not below, ask a real valuer and a valuer picks it up.
A valuer's signed opinion of what a property was worth on one nominated day, with the comparable sales and the reasoning set out beneath it. It is a statement about one property rather than one address, and in a suburb of near identical frontages that distinction does real work.
An appraisal is a free selling estimate an agent gives while competing for a listing, and it carries no signature. A valuation is independent of any sale, effective as at a stated date, evidenced by settled sales, and signed by the valuer who formed the view.
In New South Wales, a valuer with the professional qualification and standing to have their opinion relied on. Their name and credentials appear on the report, which is exactly what allows a third party to act on it.
Yes. A valuer independent of your fund prepares and signs it, SISR 8.02B is the standard it is written to, and the comparable sales are attached rather than summarised, so an auditor can follow the figure back to its evidence.
The valuer who reached the opinion, named with their qualification. Not the model that gathered the evidence, and not anyone signing in their place. (from $550).
No. It is unsigned, so there is no opinion in it anyone can rely on. It is a tool for deciding. On timing: a signed desktop report usually goes out the same day, and an Automated Market Assessment arrives the next business day.
It is effective as at its date rather than open-endedly. Where the organisation receiving it sets a currency period, that period is what governs, and your adviser will know which applies. Ordering near the time the figure is needed is usually the simpler path.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments. Inspection valuations start at $550, with the exact price confirmed at checkout before you pay, never after.
An advertised price is a marketing position, often a range set to attract interest. A valuation reports settled evidence. Surry Hills widens the gap further than most, because a campaign can point at the property four doors down without mentioning that it was rebuilt and this one was not.
Yes, at any point. We credit the $79 against the signed report whenever you upgrade.
No. A rates notice usually shows a land value, the ground on its own with nothing standing on it, struck for rating at a date the council chose. A valuation covers the whole property at the date you need it, which on a terrace is very largely a question about the building rather than the ground.