Property Valuation Services

WA Valuers provide each and every customer with an accurate and certified property valuation Perth. Our exceptional service and incredible professionalism have gained our firm recommendations from the city’s leading legal, accounting, and financial firms.

Our property valuation services are provided by the best and most qualified valuers in Western Australia. Every single one of our valuers has been in the industry for over 20 years as a Certified Practising Valuer (CPV). These years of experience has made our team industry experts, allowing us to provide a variety of services for all property types including, residential, rural, commercial, and industrial.

Our services are up to date, complying with all current industry standards and regulations. To make sure our team are the best they can be, we have been registered with the Australian Property Institute (API) and the Royal Institution of Chartered Surveyors (RICS). We take our job seriously and hold our valuers to high standards. No matter the type of valuation you need, it will be tailored to your situation, legally certified, and delivered at a quick turnaround while maintaining detail and accuracy.

WA Valuers understands that the world of valuations can be intimidating or even confusing. We aim to make things easy and are happy to help you find the right valuation service for you. Below we have included a description of each of our services that you are free to peruse. If you need more detail, click on one of our dedicated service pages.

Our Property Valuation Services in Perth Include:

Building Replacement Cost

Building valuations of this sort ensure that your insurance fully covers you if your building is damaged to the point that it will need to be fully replaced. This insurance is mandatory for strata buildings.

To determine the building replacement cost, valuers will factor in everything that will be involved in the reconstruction, including equipment, materials, labour, and site clearing. Our valuations’ detail and accuracy have saved our clients thousands, and we can do the same for clients like you.

Capital Gains Tax Valuation

Property valuations will help you determine how much tax you must pay if you have profited from the sale of a property. The tax itself is known as Capital Gains Tax (CGT). This will be considered a part of your income tax; you must report this income or capital gain when lodging at the end of the financial year.

A property valuation for capital gains tax purposes can be conducted by a legally certified valuer. They are independent, unbiased, and free from outside influences. They prepare a capital gains tax valuation objectively with relevant evidence included.

Deceased Estate Valuation

Once the executor of the estate has been granted probate, a deceased estate valuation will help ensure a fair division of property and assets. With a fair and accurate report, you may be able to avoid property disputes and other complications.

We at WA Valuers understand that requiring a property valuation for deceased estate purposes means our clients are dealing with a loss. We are committed to performing our work with compassion and in a timely manner to make the process of handling the deceased estate just a bit easier.

Family Law Property Valuations

Family law property valuations can come in two forms, short-form, or long-form. Both are incredibly detailed and must be true. Family law court in Perth requires that each family law valuation report, in either format, must meet strict requirements to be accepted as a valid legal document.

Family law valuations provided by WA Valuers are readily accepted by the courts. We have a proven record of creating accurate and true reports. Each report is legally certified and delivered as promptly as possible without sacrificing detail or quality.

Industrial/Commercial Property Valuation

Commercial property valuation is the valuation of a property that is connected to a business and generates income. These properties may be large or small and come in many forms such as retail shops, office parks, and factories.

A commercial and industrial property valuation may be needed for many reasons, these include insurance, tax, compensation, or pre-sale. As commercial/industrial property experts, WA Valuers will produce a professional report that’s right for you, your business, and your situation.

Internal Accounting Valuation

With an internal accounting valuation, you will have a report that details your company’s current financial state. This allows managers or owners to make informed decisions regarding the business’s finances and operations.

There are many uses for the information you’ll receive in an internal accounting report, including managing risks, reducing chances of fraud, and allowing for investment opportunities to be discovered. WA Valuers have helped all sorts of businesses with their internal accounting including, retail, logistics and factories.

Mortgage Valuation

To secure a mortgage, a bank or financial institution will require a mortgage valuation. This is the value your property could sell for, should your loan be defaulted on. This valuation will determine how much your mortgage security will be.

If you go to a financial institution or bank that is not one of the big four, then your valuation of property for mortgage report must be done by an independent valuer. This could be to your advantage, as we are independent, WA Valuers will provide reports that are completely free from outside influences and therefore are objective and unbiased.

Plant & Equipment Valuation

Plant and equipment valuers will help you get an overview of all equipment and assets within your company. Equipment valuation will not only report on the value of each item, but it will also include details such as age, condition, current location, and use.

This valuation report of all your plant and equipment can be useful for many reasons such as keeping track of maintenance, securing a loan or for insurance and tax purposes. WA Valuers customise each report so that it suits the intended purpose, and we are committed to helping our clients in every way we can.

Pre-sale/Pre-purchase Valuation

When entering property negotiations, having a pre-purchase valuation or a pre-sale valuation will prove to be an advantage. No matter what side of the coin you are on, a pre-sale/pre-purchase valuation will make sure that the settled price is fair and in line with the current market.

This comprehensive report will inform you about the property’s age, condition, and any structural concerns. You will have details of the status of the current market and comparable properties. Know the true value of the property and its place in the market before settling on a price.

Property Devaluation Compensation

If an outside party negatively affects the value of your property, then you will be entitled to what is known as, property devaluation compensation. To ensure that you are fairly compensated for your loss of value you will need to provide an accurate compensation property valuation report.

Otherwise known as a property depreciation report in Perth, this report will contain an extensive amount of detail on the property’s value prior to the loss and after. To do this a valuer will conduct a retrospective and a current market value to calculate your compensation.

Property Valuation for Divorce Settlement

Property settlement valuations are often conducted during an emotional time for our clients. WA Valuers aim to be professional and to make the valuation process as smooth as possible. Each report, including a property valuation for divorce settlement, is made to be accurate and impartial. This ensures that the settlement is fair for all parties.

Our reports are professionally formatted to be suitable for settlements and are legally certified documents. This guarantees each client will reach a just property settlement sooner. Saving them time and money from getting an improper report elsewhere.

Property Valuation for Separation

A property valuation for separation is usually conducted for the separation of a de facto relationship. As these cases are commonly settled through mediation, a house valuation for separation would be delivered as a short-form report.

Despite the name, a short-form report is about 13-15 pages long with an incredible amount of detail. The detail included will prove that the valuation is a true reflection of the property’s worth. This then ensures a fair division of the property between the two parties.

Property Valuation for Tax Purposes

Property ownership and taxes go hand in hand. No matter the type of property, you need a property valuation for tax purposes. Normally these valuations are performed as soon as you acquire a property to know the correct tax you must pay.

Most scenarios that require a valuation for tax purposes, will call for this report to be conducted by a certified and independent valuer. This ensures that the report is unbiased. WA Valuers have prepared all sorts of property valuations for tax purposes including for stamp duty and CGT.

Real Estate Valuation

A real estate valuation may determine the amount a bank or financial institution will be willing to loan you. It will also give you a better idea of how much your property will sell for. This report is far more reliable and useful than a market appraisal from any real estate agent.

A real estate valuation is objective and incredibly detailed. Valuers will report on every detail that contributes to the property’s value and will also analyse the local property market. Whether you are buying or selling, this valuation will help you secure a fair price, relative to the property’s true value.

Retrospective Property Valuation

The difference between a current market valuation and a retrospective property valuation is the date. A retrospective valuation is an investigation of a property to determine its value at a past date.

Most commonly, these reports are made for a deceased estate, compensation, or tax purposes. As each case may be different WA Valuers produce each report to suit the exact purposes our clients require. Clients often believe retrospective valuations are impossible, but we do these quite often. So, no matter your situation, WA Valuers can help.

Rental Reviews

Rent reviews are essential to ensure that the rent for a property is in line with the status of the current market. A rental appraisal in Perth will ensure the rent set for your property is fair to its current value. This could be to the benefit of either the tenant or the landlord.

Rental reviews provide detailed reports of the property and can help the owner monitor any potential issues that may cause the property to lose value. The report will also aid tenants in negotiating a lower rent if they feel they are being charged too high for the value of the property.

SMSF Property Valuation

An SMSF is a Self-Managed Superannuation Fund, it allows for its members to have more control of the investments made through the super fund. A common investment is property. This can be invested completely through the SMSF or in part. If the property takes a significant portion of the SMSF’s investments, then it must be valued.

An SMSF property valuation is conducted to report the market value of the property. An SMSF is also subject to being audited and thus proof that you have had an independent valuation must be available to the SMSF auditor. They will confirm the report is true and reliable.

Stamp Duty Valuations

Stamp duty (also known as transfer duty) is a tax that must be paid whenever you acquire a property and would like to register its ownership under your name. Stamp duty valuations ensure that you pay the current amount of tax after the transfer is complete.

These transfers can be the result of buying property through an arm's length sale, a related party transfer, or other type of transaction. A stamp duty valuation measures the market value of the property at this time so that the transfer duty tax can be calculated accordingly. This is typically done using the direct comparison approach.

Unit Entitlement

So that the owner of a strata can begin to issue out unit entitlements, they will require to have a valuer conduct a unit entitlement valuation for each lot/unit. After purchasing a unit, its new owner may choose to re-evaluate at any time so that their entitlement aligns correctly with the unit’s value.

Accurate unit entitlement is important as they determine the owner’s voting rights within the strata and the percentage of fees they pay to contribute to the strata’s maintenance, insurance, etc. For these valuations, it is highly recommended to have a local valuer, as they would be familiar with all local strata laws and regulations.

Property Valuation Services You can Trust

We offer reliable services at affordable prices. If you would like to know more about our property valuation services or would like to request a quote, contact us today. Our friendly staff are happy to answer all queries. Contact us via our online contact form or call us today on (08) 9468 3290.