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Melbourne

Property Valuers & Property Advisory Services

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Private Office T11 (Space&Co Southbank), Level 19, 2 Southbank Blvd, Southbank
VIC 3006
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Property Valuations Melbourne

When it comes to receiving industry leading property valuation services from valuers with extensive experience in the Melbourne region, there’s no substitute for Acumentis.

With over 14 years of experience conducting property valuation in Melbourne, extending back to our presence in the area as LMW (one of the companies that merged with Taylor Byrne and MVS National to become Acumentis), our Melbourne team has extensive knowledge of the wide range of property types found throughout the greater Melbourne region.

In addition to nation-wide and Victoria specific accreditations, all Acumentis property valuers undergo industry leading internal training and professional development. This professional development includes special courses for our employees to further strengthen their valuation experience in dealing with the various residential, commercial and industrial developments that are common to the Melbourne metropolitan area.

The Melbourne team will ensure that you receive the very best in independent property valuation services available, providing accurate and in-depth property valuation reports for numerous private and commercial clients.

Our Melbourne office specialises in

Residential property valuations and additional services

Our residential team has extensive experience with the local property market in Victoria and can conduct valuations for a variety of residential property types, including multi-apartment dwellings, townhouses and prestige properties.  In addition to valuations we can assist you with stamp duty, capital gains tax assessments, pre-sales and pre-purchase advice for residential property as well as provide property valuations to be used as evidence in the Family Law Court.

Damien Stone leads the Acumentis Melbourne residential team as the Victorian State Director. Damien has extensive experience across multiple areas of residential valuation, including houses, units, prestige properties and residential developments. Damien also possess a Family Law specialisation and has been called upon to serve as an Expert Witness in litigation matters.

Commercial and industrial valuations

Our Melbourne team also boasts a number of expert commercial Property Valuers who specialise in assessing commercial and industrial properties throughout the Victoria region. Our commercial team holds expertise in rental determination and tenant representation and can assist clients with acquisition and compensation matters.

Acumentis is a trusted valuer by major banks and financial institutions in Melbourne. We can assist you with comprehensive market and property analysis for all commercial and industrial property types.

Property Valuation Melbourne FAQs

A property valuation is a detailed report developed to ascertain a property’s market value at the date of inspection. It details key features such as property size, condition, other comparable sales and more. A property valuation is a legally binding report prepared by a Certified Practicing Valuer who has completed a university-level degree and relevant training, in addition to being accredited by the Australian Property Institute.

A property valuation is undertaken by a Certified Practicing Valuer who has completed a university-level degree, in addition to being accredited by the Australian Property Institute.

A property valuation is used for numerous reasons including determining the fair market value of a property pre-purchase or pre-sale. It is also used when applying for a mortgage to purchase a property or refinancing a loan, to ensure the security value of the property adequately covers the loan amount. A valuation may also be used in family and partnership settlements, insurance claims, or for financial reporting.

A property valuation is a report completed after a detailed inspection is undertaken on a property. A property valuation will take into account features including;

  • Property overview, description of the property – number of rooms, size
  • Comparable sales
  • Condition of the property
  • Risk ratings that identify any market or environmental risks
  • Any issues uncovered during the inspection, research or other searches conducted

The time it takes to complete a physical property inspection will vary depending on the layout, size, and features of a property and the documentation that has been supplied. A residential property inspection is generally completed within 30 minutes, with commercial properties and agribusiness requiring longer timeframes. A valuation report is generally supplied within 5 working days of instruction and supply of all required documentation.

A property valuation is required when a property is being purchased, sold, refinanced, transferred, or for financial reporting on property assets. Valuation for the purchase and sale of a property is used to ensure that the security value of a property adequately covers the amount being loaned.

Market Value is defined by the International Valuation Standard Council as “the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion”.

A property valuation is a formal written report prepared by a qualified and registered property valuer detailing the property's market value at a specific date. A property valuation is a legally binding document supported with substantiative comparable sales and property market data. An appraisal is an estimate or an opinion of a property's current value as of a specific date.

The cost of a property valuation will vary depending on the property type, size, and valuation type. A standard residential property market value valuation report is likely to cost from $400 + GST.

Once your inspection has been booked, at a mutually convenient time for the valuer and yourself you should start to prepare for the valuation to occur. Here are a few tips.

Clean, declutter, and repair
You only get one chance to make a first impression. A clean, well-presented house will show your property’s full potential. A valuer will take notes of everything visible, so those unfinished renovations would ideally be completed, and the house presented in its best condition to get the most out of your valuation.

Provide access
A valuer will need access to the whole property. Where possible, to speed up the valuation process the homeowner can open side and rear gates, garages, pool fences, and internal and entry doors. An essential part of the valuation inspection process is to measure the house. So, providing full access to the property makes the valuer's life a lot easier!

Take COVID precautions
At Acumentis we operate within COVID safety protocols. If you would like the valuer to wear a mask during the inspection, please don’t hesitate to ask when speaking with our friendly staff to confirm the inspection time. Also, opening doors, and windows and turning on any lights where rooms are dark will facilitate a contactless inspection.

Supply relevant documentation

  • Floor plans: Before the inspection provide the valuer with a copy of the property’s council-approved floor plans.
  • Title/Plan of subdivision: Email or give a hard copy of the title/plan of subdivision to the valuer.
  • Relevant sales evidence: Make the valuer aware of relevant properties that have transacted in the immediate location (these need to be like-for-like properties, there is no point providing the valuer with the sale of a Victorian Terrace if the subject property is a modern apartment!).

Highlight the property’s special features
While the valuer is a property expert, there are certain features at a property that are not visible. Do you have an underground water tank? Solar panels on the roof? Underfloor heating? Point these things out to the valuer. Every detail counts.

Contain pets
Please put your pets in a safe place so they don’t escape or take a nibble at the valuer’s leg!

Your expert
property valuers Melbourne

To learn more about our professional property valuation services in Melbourne and Victoria, contact one of your friendly, local team members.

Philip Botté
National People & Culture Director
Nick Funnell
National Director - Asset Advisory
Melbourne
Phillip Bainbridge
Director Valuations
Melbourne
Damien Stone
State Director Residential - Victoria
Melbourne
David Triaca
Senior Valuer
Melbourne
Nathan Camac
Associate Director
Melbourne
Andrew Goding
State Director Commercial - Victoria
Melbourne
Georgina Besliev
Valuer
Melbourne
Steve Douglas-Watson
Director
Melbourne
Damian Lynch
Associate Director
Melbourne
Simon Altschwager
Group Executive Director – Regional Operations at Acumentis
Melbourne
Yangshan Wang
Senior Valuer
Melbourne
Josh Sampson
Valuer
Melbourne
Stewart Strang
Valuer
Melbourne
Ken Liu
Valuer
Melbourne
Philip Botté
National People & Culture Director
Nick Funnell
National Director - Asset Advisory
Melbourne
Phillip Bainbridge
Director Valuations
Melbourne
Damien Stone
State Director Residential - Victoria
Melbourne
David Triaca
Senior Valuer
Melbourne
Nathan Camac
Associate Director
Melbourne
Andrew Goding
State Director Commercial - Victoria
Melbourne
Georgina Besliev
Valuer
Melbourne
Steve Douglas-Watson
Director
Melbourne
Damian Lynch
Associate Director
Melbourne
Simon Altschwager
Group Executive Director – Regional Operations at Acumentis
Melbourne
Yangshan Wang
Senior Valuer
Melbourne
Josh Sampson
Valuer
Melbourne
Stewart Strang
Valuer
Melbourne
Ken Liu
Valuer
Melbourne

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