How does Division 296 relate to SMSF property valuations?

If the Division 296 rules apply to your fund, having a current, defensible market value at 30 June helps trustees and advisers model potential impacts and keeps audits smooth. The core requirement doesn’t change: valuations should be independent and based on objective, supportable data at the reporting date. For context and timing considerations, see SMSF Division 296 — Why Property Valuations Matter.