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Acumentis Property Valuation

At Acumentis, we are trusted providers of the highest quality, independent property valuation advice.

 

With 45 offices spread across metropolitan, regional and rural Australia, our expert team of over 330 property professionals bring decades of localised industry knowledge and advice so you can make decisions with certainty.

Decision certainty since 1905

Through organic growth, acquisitions and the strategic merger of four of Australia’s premier property valuation and advisory firms – LMW, Taylor Byrne, MVS National and Saunders & Pitt – our expert teams bring decades of localised industry knowledge and advice.

Acumentis is Australia’s only independent, locally owned, ISO certified, ASX listed property valuation and advisory firm, offering unbiased and independent assessments. We do not sell or lease property and have no conflict of interest or bias, so we can work in your best interest, assisting with decision-making, planning, and ensuring the fair and equitable distribution of housing resources.

Our company is at the forefront of market research and has invested significantly in valuation management and IT systems. This has ensured first-class and highly-secure client platforms, and has been reflected in the achievement of ISO 27001 Certification in October 2019. Clients regard Acumentis as their essential partner for expert advice and valuation services.

 

Across residential, commercial, rural & agribusiness and government, we specialise in a gamut of services:

Your property valuation experts

Contact your local Acumentis office to discuss how we can assist you with your property requirements.

State contacts
Renee Pollak
Director
Canberra
Angus Giles
Valuer
Newcastle
Zoran Jovanovic
Senior Valuer
Sydney
Tony Lenord
State Director Commercial – Sydney
Sydney
Robert Jupp
Valuer
Coffs Harbour
James Morrell
Associate Director
Northern Rivers (Lismore, Ballina, Byron Bay)
Angus Cooke
Valuer
Inverell
Merv Hooper
Senior Valuer
Albury
Gregory Jordan
Valuer
Port Macquarie
Amber Broughton
Valuer
Gold Coast
Rohan Bruce
Valuer
Sunshine Coast
Scott Blanchard
Senior Valuer
Cairns
Dale Rohde
Senior Valuer
Cairns
Cameron Norris
Valuer
Emerald
Jack Prosser
Senior Valuer
Toowoomba
David Hosking
Regional Director
Cairns
Peter Walker
Valuer
Launceston
Georgina Besliev
Valuer
Melbourne
Nathan Camac
Associate Director
Melbourne
Nick Funnell
National Director – Asset Advisory
Melbourne
Renee Pollak
Director
Canberra
Angus Giles
Valuer
Newcastle
Zoran Jovanovic
Senior Valuer
Sydney
Tony Lenord
State Director Commercial – Sydney
Sydney
Robert Jupp
Valuer
Coffs Harbour
James Morrell
Associate Director
Northern Rivers (Lismore, Ballina, Byron Bay)
Angus Cooke
Valuer
Inverell
Merv Hooper
Senior Valuer
Albury
Gregory Jordan
Valuer
Port Macquarie
Amber Broughton
Valuer
Gold Coast
Rohan Bruce
Valuer
Sunshine Coast
Scott Blanchard
Senior Valuer
Cairns
Dale Rohde
Senior Valuer
Cairns
Cameron Norris
Valuer
Emerald
Jack Prosser
Senior Valuer
Toowoomba
David Hosking
Regional Director
Cairns
Peter Walker
Valuer
Launceston
Georgina Besliev
Valuer
Melbourne
Nathan Camac
Associate Director
Melbourne
Nick Funnell
National Director – Asset Advisory
Melbourne

Valuation of Property FAQ

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.

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 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 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 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

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. A property appraisal is typically provided by a real estate agent. It is an opinion or estimated market value of a property as of a specific date.

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.

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.

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 and agribusiness requiring longer timeframes. A valuation report is generally supplied within 5 working days of instruction and supply of all required documentation.

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.

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 towards the overall property value.

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!

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.

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.

How can we help you with your property needs?

Get in touch