01 Aug Property Valuation Brisbane
Professional property valuation in Brisbane is the key to making informed investments in your personal future as well as your businesses future.
At Australian Valuers, we understand that property valuation can look different for everyone. That is why our team of Brisbane experts, are armed with strong local knowledge and ongoing training to ensure we are home to the best property valuers in Australia.
Brisbane Residential Property Valuation
By definition, property valuation is a process in which a highly qualified valuer visits your property and assesses its value. Lendi notes that valuers consider a variety of factors when conducting a valuation on your residential property, those include:
- Land and dwelling size
- Topography, aspect & layout
- Home features (e.g. pool, number of bedrooms)
- Building condition & structure
- Council zoning
- Heritage status
- Damage & faults
- Planning restrictions
- Caveats or encumbrances
- Ease of access to the property
All of these elements considered together as well as the expertise and local knowledge of the valuer, will work together to create the value of a property.
Brisbane Property Overview
Brisbane is a city that hosts a wide variety of scenery right in its city centre. Visitors have access to skyscrapers, parkland and even an artificial beach. The city itself, is extremely accomodating to people from all walks of life.
With the Queensland Performing Arts Centre (QPAC) so centrally located, the city is a lover of the arts and often welcomes world class theatre performances.
Choose Brisbane describes the city as a place that has ‘an appetite for innovation, a reputation for collaboration, world-class industry capabilities, and a wave of new infrastructure positions Brisbane as one of Australia’s most progressive and business-friendly cities’.
The opportunity for growth trickle down into the property market, according to the experts at The Urban Developer, in the last 12 months Brisbane has experienced a whopping 32.1% price increase on homes across the region
This makes it a fantastic time to get your Brisbane property valued to determine the correct value of the asset and understand its potential for growth in the Brisbane property market.
Brisbane Commercial Property Valuation
While similar to the valuation of a residential property, commercial property valuation differs and the process of valuation can also differ. PropertyNow outlines the 5 different ways a Commercial Property can be valued. They are:
- Income Capitalisation (Cap) Rate
- Comparable Sales
- Hypothetical Development
- Replacement Cost
These methods typically take into account similar elements as the residential property valuation but also take into account things like a business’s net operating income and comparable commercial property sales. Our expert team of valuers will know which valuation method will best suit you and your business.
Why do I need a Brisbane Property Valuation?
Property Valuation is used in a wide variety of circumstances.
Typical situations that our team often see are:
- Buying a property
- Calculating equity in a property
- Proving value in a deceased estate
- Dispute resolution
- Divorce settlement
- Deciding whether to rent or sell
In these situations and more, it is imperative that you employ a professional team of property valuers. This will ensure that you receive the most accurate information about your property and the right advice to make your next move.
Contact Australian Valuers
Our team would be more than happy to help you with your Brisbane Property Valuation. We have a team of highly specialised professionals who have the experience to provide clients with reliable, independent property valuation advice. Our team is well versed in both residential and commercial property valuation. When you choose to use our team you’re choosing Australia’s best valuers. Contact our team today!