If yours is not below, ask a real valuer and a valuer picks it up.
A valuer's formal, signed opinion of what a property was worth on a nominated day, with the comparable sales and the reasoning set out beneath it. The date carries as much weight as the number, which is why a valuation done for one purpose in one year does not automatically answer a question about another.
An appraisal is a free selling estimate, generally offered while an agent is competing for the listing, and nobody signs it. A valuation is independent of any sale, made as at a stated date, evidenced by settled sales and signed by the valuer who prepared it.
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 precisely what lets a third party 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. (from $550).
No. It is unsigned, so there is no independent opinion behind it and nothing for a reviewer to rely on. It is for deciding. On timing, signed desktop reports usually go the same day and an Automated Market Assessment arrives next business day.
It holds as at its effective date rather than open-endedly. Where the organisation receiving it sets a currency period, that period is what governs, and your adviser can tell you which applies. Ordering close to when the figure is needed is usually simpler than ordering early.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments. Inspection valuations start at $550, with the exact price confirmed at checkout before you pay, never after.
An advertised price is a marketing position, frequently a range set to attract interest. A valuation reports settled evidence. Wollongong makes the gap wider than most, because a campaign can point at sales from a stretch of the coast that has little in common with the property being sold.
Yes, at any point. We credit the $79 against the signed report whenever you upgrade.
No. A rates notice usually shows a land value, meaning the land by itself with nothing built on it, struck for rating at a date the council chose. A valuation assesses the whole property on the date you need it, so the two figures answer different questions and rarely match.