Compensation Valuations

Vals VIC are Melbourne’s leading valuation firm in both the Melbourne metro and wider Victorian areas. For well over 10 years our company has been providing Compensation Valuation reports for a wide range of clients from private citizens, to small and large corporations as well as local and state government.

A property owner will require a certified valuation report for reasons such as:
• Incorrect boundaries on land
• Acquisition of a property
• Acquisition of a portion of a property
• Infrastructure on land e.g. power lines tower
• Obstruction of outlook or use of a property
• Expansion of roads and infrastructure

Whether you are in negotiation with a neighbour or with council, the compensation valuation report produced by Vals VIC is detailed and accurate ensuring you receive the correct amount of compensation owed to you or a third party. Our valuers are all registered with the API and have over 20 years’ experience each and will take into consideration the effect of damages and how they decrease the value of your property. We use two approaches, a before and after approach or the pro-rata approach, which will determine the decrease in value and work out the compensation figure.

We always suggest to our clients that each party involved in a compensation matter should each instruct an independent valuer to conduct their own certified valuation report. This ensures all parties feel confident in the knowledge that a fair outcome is being achieved.

Vals VIC provides compensation valuation reports which are accepted by councils, governments and in legal settings such as VCAT, court or mediation. With a senior valuer local to each area within 40km from the CBD, our experienced team are able to inspect your property as early as the next business day and residential reports take 2-3 business days to complete, while commercial reports or reports prepared for litigation take 4-5 business days to complete.

To receive your obligation free quote and to book in your compensation valuation report, contact our friendly team on (03) 9020 1494 or complete our online enquiry form to receive a written quote to your email.