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 describes the property as it actually stood on that day, which is not always the property the title and the rates notice describe.
An appraisal is a free estimate given while an agent is chasing a listing, and it is unsigned. A valuation is independent of any sale, effective as at a stated date, evidenced by settled sales, and signed by the valuer who reached the opinion.
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. There is no signature on it, so there is nothing an auditor or a revenue office can rely on. It is 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 applies a currency period, that period is what counts, and your adviser will know which. Ordering close to when the figure is needed is generally simpler than ordering early.
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. In Mount Druitt the two also part company over what is actually on the block, because a campaign will compare a property against neighbours that were never divided or built on the way it was.
Yes, at any point. We credit the $79 against the signed report whenever you upgrade.
No, and where a block has been divided the two can be a long way apart. A rates notice generally shows a land value, the ground alone with nothing built on it, struck for rating at a date the council chose. A valuation covers the whole property, as it now stands, at the date you need it.