Valuation News

The landscape of Australian property valuation has experienced significant shifts over the years. By analysing past trends, property owners and investors can gain insights into the Australian market’s trajectory and make informed decisions for the future. Evolution of Property Valuation in Australia From Colonial Times to the Post-War Boom The history of property valuation in Australia is deeply rooted in the nation’s economic milestones. In the colonial era, land value was modest, but as population centres grew, so did the

When it comes to property valuation, a valuation report is an integral part of the process. It provides a comprehensive assessment of the value of a property, and understanding its contents can be crucial for buyers, sellers, and investors alike. In this article, we will delve into the key sections that you can expect to find in a complete valuation report, shedding light on what the report entails and why it is essential. A valuation report is a comprehensive document

In the competitive valuation profession, developing a niche specialisation is key to standing out and advancing your career. By gaining expertise in a specific area of valuation, you can provide more value to clients and employers. Identify Your Passion Area Think about what truly interests you within the property valuation field. Do you love working on heritage building valuations? Are you fascinated by compensation valuations for infrastructure projects? Match your specialisation to your inherent passions. This enthusiasm will come through

Brisbane’s population is undergoing major shifts in its size, age structure, and cultural makeup. These demographic changes are having profound impacts on the city’s property market. Understanding Brisbane’s evolving demographics provides crucial insights for property investors, developers and valuers. Brisbane’s Population Growth is Outpacing Other Capital Cities Brisbane’s population growth rate of 2.1% outpaced all other capital cities in 2020-21 according to the ABS. Brisbane’s population now sits at over 2.6 million residents. Several factors are driving this rapid growth:

The commercial property market has faced significant upheaval and uncertainty over the past few years. Valuers need to adapt their methodology and data sources to accurately value retail, office, industrial and other commercial assets in this new environment. The Pandemic Caused Major Disruptions The COVID-19 pandemic triggered seismic shifts for commercial real estate. Office vacancy spiked with remote work while retail suffered reduced foot traffic. Industrial proved resilient as ecommerce surged. These uneven impacts make benchmarking difficult. Valuers need granular