Property Valuation Services
Vals VIC should be your go-to firm for property valuation services Melbourne. We are one of the leading valuations firms in all of Victoria. Our service is exceptional, reliable, and professional.
Our team of valuers are the most experienced and qualified in the state, and it shows in the quality of our property valuation services. Each of our valuers has been working in the field as a Certified Practising Valuer (CPV) for well over 20 years. These years of experience has turned them into industry experts. They conduct a variety of valuations on all property types, including, residential, rural, commercial, and industrial.
At Vals VIC, every valuer is accredited by the Australian Property Institute (API) and registered with the Royal Institution of Chartered Surveyors (RICS), with many also holding AVI qualifications. This robust accreditation framework ensures that each report we produce meets all current industry standards and regulations. Clients can rely on us for the most professional, accurate, and independent valuations, delivered with the highest level of expertise and ethical commitment.
We are an independent valuations firm. We are not real estate agents or owned by any banks or financial institutions. You can trust that our reports are transparent and unbiased. We have no agendas; our only job is to provide our clients with reports that are accurate and based only on objective data and research. The valuations we provide are legally certified documents, readily accepted by all financial institutions and government agencies.
If you are new to the world of valuations, our friendly and knowledgeable staff can answer any queries and guide you through the process. We offer a wide range of property valuation services, and we understand that it may be overwhelming. To simplify things, we have provided a brief description of each of our services. If you want more details on a particular service, simply click on one of the links below.
- Building Replacement Insurance Valuation
- Commercial Property Valuation
- Compensation Valuation Report
- Deceased Estate Valuation
- Family Law Property Valuation
- Internal Accounting Valuation
- Mortgage Security Valuation
- Pre-Sale/Pre-Purchase Valuations
- Property Settlement Valuation
- Property Valuation for (CGT) Capital Gains Tax
- Property Valuation for Separation
- Property Valuation for Tax Purposes
- Related Party Transfer Valuation
- Rental Review
- Retrospective Property Valuation
- Stamp Duty Valuation
- Unit Entitlements
- Asset Valuers
- Current Market Value
- Plant & Equipment Valuers
- Residential Property Valuers
Our Property Valuation Services List Includes:
Building Replacement Insurance Valuation
It is strongly advised that your property is insured for a complete replacement. This cover protects you from the costs of rebuilding your property in the event it is damaged or destroyed beyond repair. So that you are adequately covered you must provide an accurate valuation to your insurer.
Our valuers calculate the total cost of building replacement including, site clearing and the costs of labour and materials. This calculation includes a thorough examination of the building, to get every important detail. With our accurate and detailed valuation, you can save on cost and know that your building is fully covered.
Commercial Property Valuation
Unlike residential property, commercial property is used to generate income and is connected to a business. Commercial properties come in all shapes and sizes. Our valuers are very experienced and have performed valuations for a variety of properties including, retail storefronts, offices, and warehouses.
Valuations for commercial properties are done for a variety of reasons, including settlements, internal accounting, and tax purposes. Our highly experienced team of valuers will tailor your report to suit your exact circumstance. We understand that commercial valuations may be urgent, so our valuers deliver their reports swiftly while keeping their detail and accuracy.
Compensation Valuation Report
A common circumstance a property owner will need a compensation valuation is in the event of compulsory acquisition. This is where your property is sold to the government or agency to be used for public infrastructure. Another scenario may be that your property’s value is being affected by an outside party.
So that you are compensated for the loss of your property or its value, then you must have a professionally conducted valuation by an independent valuer. They will provide a detailed report and accurate calculation of how much compensation you are owed.
Deceased Estate Valuation
A personal representative for a deceased estate will need a valuation to fairly allocate or divide all assets and property among the beneficiaries and trustees. This is particularly important for determining the amount of Land Transfer Duty Tax to be paid to regulatory authorities and the State Revenue Office (SRO), unless exempt.
Vals VIC is committed to making this process as easy as possible for our clients. We offer patience and understanding and deliver reports in a timely manner. Deceased Estate Valuations are legally certified documents that are accepted by all government agencies.
Family Law Property Valuation
There are strict requirements a report must meet so that is it accepted in court or in mediation. Reports must be professionally formatted to the standards for the correct stage the case is in.
Valuation reports may be written in either short-form or long-form to suit your circumstance. Both formats are incredibly detailed, providing all relevant information and proving its validity as a true and accurate valuation. Our reports can be produced to meet a tight deadline so that you have what you need when you need it.
Internal Accounting Valuation
Be fully aware of your company’s financial health with an accurate and detailed Internal Accounting Valuation. Know how your money’s being used and how you may be able to make new investments or expand your portfolio. Those are not the only uses for this valuation, but they are certainly beneficial.
We value more than just property; we can find the value of all your company’s assets. Our valuers have helped businesses, both large and small, to get a complete overview of their finances and assets. Mitigate risks and navigate opportunities with an accurate and precise internal accounting report.
Mortgage Security Valuation
To protect themselves in the event your mortgage loan has defaulted, a bank or financial institution will require a valuation on your property. This lets them know how much your property will sell for if they ever need to. This then determines how much you can secure on your loan.
If you are looking to get a loan from a financial institution that is not one of Australia’s big four, then you will need the services of an independent valuer. Our valuations are accepted by all financial institutions and its accuracy will help you secure a fair mortgage.
Pre-Sale/Pre-Purchase Valuations
This valuation provides a comprehensive profile of a property that both buyers and sellers can use when entering negotiations for a property. Its detail will have both parties informed of the property’s features, issues, and current position in the market.
To produce this incredible negotiation tool, a valuer will conduct a thorough investigation into a property. This includes examining the property’s size, location, condition, and details of its local comparable properties. Be well informed before you settle on a price.
Property Settlement Valuation
So that there is a fair solution to a property dispute, an accurate and impartial valuation is essential. Our valuation reports are completely objective and based on detailed investigation and research. As we are independent and free from outside influence, all parties can mutually agree our report is accurate and true.
Property settlements are rarely easy but we at Vals VIC aim to make the process just a bit easier. We deliver our reports as quickly as possible while ensuring they comply with all legal standards. We only provide correctly formatted documents that are legally certified.
Property Valuation for (CGT) Capital Gains Tax
As part of your income tax, if you have made a profit on the sale of an asset, then you must report it and pay capital gains tax. To calculate how much, you can use the services of a certified valuer.
An independent certified valuer is not associated with the property or owner. This ensures an unbiased report. A valuer will perform the valuation using the comparison approach to determine a retrospective market value. Once the difference between retrospective and current market values is found, capital gains tax may be calculated.
Property Valuation for Separation
Dividing property for separation is different for many. The parties may decide, to sell the property and fairly divide the profits or sell their portion to the other party. Those, of course, are just examples of how property is dealt with during a separation.
Valuers at Vals VIC will create their reports to suit your exact situation. Every report is based on objective data and comprehensive research. Therefore, it will be unbiased, accurate and true. A detailed valuation report provides all information needed to ensure a fair property settlement.
Property Valuation for Tax Purposes
There are many ways to incur taxes from owning property. This includes, when you profit from the sale of a property, invest in property or even simply when you buy a property.
At Vals VIC our property valuers regularly perform property valuations for tax purposes including for Capital Gains Tax and Stamp Duty. All property valuation reports prepared for taxation are objective, well-researched and comprehensive. The value to be determined through this independent valuation may be current market value, retrospective market value or other value type that is required.
Related Party Transfer Valuation
A related party is a person you have a personal relationship with, are related to through marriage or is a blood relative. When you transfer property between related parties you could be expected to pay tax.
You must report the transfer of property and its value to determine how much tax you must pay. This can be done with the help of a certified property valuer. They can provide a transparent and evidenced-based report of the subject property's market value at the time of the transfer which can support your tax determination.
Rental Review
The property market is constantly changing and rent changes along with it. When a rent review is due, it is important to find the property’s worth in the current market.
Depending on the situation, a rent review may benefit the owner or the tenant. A detailed and thorough property valuation ensures that rent is a fair reflection of the property’s current value. To determine this value, our valuer will use up to date market data including recent sales information of comparable properties. You may even be informed of any structural issues that, of course, will affect the value of the property.
Retrospective Property Valuation
A retrospective valuation uses much of the same methodology as a current market valuation with one important difference. The date. This valuation uses past market data and relevant property information to determine the value of a property as it would have been at a previous point in time.
This can be made to serve a variety of purposes. Many retrospective valuations are conducted for handling a deceased estate or for tax purposes. The valuers of Vals VIC will cater their report to suit your exact circumstance. Despite these reports being set in the past, we conduct these valuations just as efficiently as the rest.
Stamp Duty Valuation
Also known in Victoria as Land Transfer Duty Tax. This tax is expected to be paid whenever you wish to register as a new owner of a property. Normally paid when purchasing a property, this tax may also be incurred through a related transfer. However, there are ways to be exempt from land transfer duty.
To determine the correct amount of tax you owe, a certified independent valuer will provide a report of the property’s true value. This is ascertained through the consideration and analysis of many internal and external factors. Such factors include comparable market data and local amenities.
Unit Entitlements
Before certificates of title may be issued out, the owner of a strata plan must have unit entitlement valuations conducted. These entitlements determine the service and maintenance fees of each owner and their voting rights within the strata.
Unit entitlements can be performed on buildings, such as apartment buildings, or on land only strata schemes. Though these valuations are performed before anyone can purchase a unit, any current owner may choose to re-evaluate their entitlement at any time they think it is required.
Asset Valuers
All businesses, large and small, must have an up to date and complete asset register. Our Asset Valuers can help you complete/update a current register or create a new one if needed.
An asset valuer will value all assets within a business, including what is sure to be the largest asset, its property. Valuations for each asset are just as thorough as property valuations, with the same level of detail and accuracy. Our team has helped all sorts of businesses including, retail stores, places of worship, offices, and warehouses.
Current Market Value
Current market value reports can be valuable tools, used for a variety of reasons. Most commonly a current market valuation is done before a property goes onto the market. This manages the current owners’ expectations of the sale price and lets them know all relevant information about the property.
The valuers at Vals VIC are experienced with all property types including, residential, rural, commercial, and industrial. Each of our valuers specialises in their respective local areas, they combine current local market data with an investigation of your property to find its correct value.
Plant & Equipment Valuers
This valuer service will provide your business with a detailed and accurate report of all your assets and equipment. Equipment can be as small as office equipment and technology or as large as tractors and heavy machinery.
These reports allow you to keep track of your equipment, its location, condition, and maintenance. Most commonly a valuer’s report is used for loan or insurance applications, tax purposes or in preparation of selling a business and its assets. As many situations could be time-sensitive, we offer our services with quick turnarounds.
Residential Property Valuers
This is one of our most popular valuer services. The most common property an individual will own is a residential property and it will likely be valued for many reasons.
Whether it is for tax purposes, internal accounting, handling a deceased estate or simply doing a pre-sale/pre-purchase valuation, our valuers can help. Our valuers’ extensive experience allows them to customize their service to meet your exact need and situation. No matter the case every valuation is detailed, accurate and are legally certified documents.
Our staff are ready to help!
If you would like to know more about our property valuation services, please don’t hesitate to get in touch. Our friendly staff are ready and happy to answer any questions. You can reach us in one of two easy ways, you can call us on (03) 9020 1494 or you can contact us via our online enquiry form.
Industry Qualifications
To keep our quality of work consistently high, Vals VIC holds memberships with the following professional associations:



