If yours is not below, ask a real valuer and a valuer picks it up.
A valuer's signed opinion of a property's market value on one nominated day, with the comparable sales and the reasoning set out beneath it. Which sales count as comparable is a judgement, and in a suburb holding as many different sorts of property as Eastwood does, it is a judgement worth paying for.
An appraisal is a free estimate an agent gives while competing for a listing, and it is not signed. A valuation is prepared independently of any sale, effective as at a stated date, evidenced by settled sales, and signed by the valuer who formed 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..
No. It is unsigned, which means there is no independent opinion in it and nothing an auditor or a revenue office can act on. It is for deciding. On timing: a signed desktop report usually goes the same day and an Automated Market Assessment the next business day.
It holds as at its effective date and no longer. Where the recipient applies a currency period, that period governs, and your accountant or solicitor will know which one is in play. Ordering when the figure is actually needed is generally simpler than ordering ahead.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments.
An advertised price is a marketing position, often a range set to attract interest. A valuation reports settled evidence. In a mixed suburb like Eastwood the two part company easily, because a campaign can reach for whatever sold nearby without asking whether it was really the same sort of property.
A signed desktop report is usually ready the same business day. An inspected report depends on access and on how long the property takes to go through, which in a suburb holding this much variety is not a fixed thing. An Automated Market Assessment arrives the next business day.
No. A rates notice generally shows a land value, meaning the ground by itself with nothing built on it, assessed for rating at a date the council set. A valuation assesses the whole property at the date you need it. Different questions, and the answers rarely coincide.