FAQ
Asset Valuations Group FAQ’s provides answers to common queries about our valuation services. Trust our comprehensive explanations to address your inquiries and guide you through the valuation process seamlessly.
Asset Valuations Group FAQ’s provides answers to common queries about our valuation services. Trust our comprehensive explanations to address your inquiries and guide you through the valuation process seamlessly.
A valuation is a process of determining the historical, current, or projected worth of an Asset. An asset could be a company (either a trust, business, or sole trader), a property (either commercial or residential property), or a tangible asset that includes motor vehicles, marine vessels, yellow goods, goods & chattels.
A Valuation Report is a legal document containing values and calculations of the value of an asset, as listed in “What is a Valuation”. This is carried out by a Professional Registered Valuer.
We service all over Australia. Our office locations are as follows:
Brisbane (Head Office): Level 7/190 Edward Street, Brisbane City Q 4000
Sydney: Level 33, Australia Square, 264 George Street, Sydney NSW 2000
Melbourne: Level 23, Collins Square Tower Five, 727 Collins Street, Melbourne VIC 3008
Perth: Level 25, 108 St Georges Terrace, Perth WA 6000
Should the asset or company be located in other states in Australia, we can accommodate and offer different options for valuing your assets.
Contact us today for your Valuation!
A Desktop Valuation is a report where the client sends through photographs and the necessary information pertaining to the Asset(s), via email. This is also known as either a “sight unseen valuation” or an “E-Valuation”. The Valuer does not complete a site inspection of the assets and relies upon the client to provide this information. During the current environment of COVID-19, Desktop Valuations are becoming popular as the pandemic has leaned towards “Zoom” as the new way of meeting. A Desktop Valuation can also be performed via “Zoom” or a similar platform but does not eliminate the fact that clients can send through the necessary documentation.
These types of valuation’s are slightly cheaper as travel and inspection time are not allocated. As an indication, a Truck Valuation would cost in the Region of $350 plus GST. A Desktop Truck Valuation would cost $300 plus GST.
Given the nature of Valuations, is difficult to determine how much it costs. As Asset Valuations Group offers all valuations, a breakdown below will outline the basic costings of different types of valuations.
Business Valuation: Our Business Valuations starts at $2,000 plus GST. I wish to point out that this is a simple Business Valuation without any assets. Obtaining a multiple in this instance is easy.
Property Valuations: Our Residential Property Valuations start at $400 plus GST. This does not include a fee to complete a Commercial Valuation or a Specialised Property Valuation.
Single Valuation of Asset (Motor Vehicle): These types of Valuations start at $250 plus GST. Should the asset be specialised, or should they come in quantity, the price will change accordingly. Furthermore, prices also change to suit the urgency.
Each Valuation is different and requires a tailored approach. Our service is professional, quality, and trusted.
An individual can use the following types of valuations for finance purposes:
Banks and lenders always require surety when loaning money. Asset Valuations Group provides all valuations for finance purposes.
Valuations may help with tax purposes. The most common basis of value utilised for tax purposes is market value. Market Value determines the use of the asset and the amount a willing buyer and seller would agree to (a value) at an arm’s length transaction. All valuations are required to be independent and unbiased. It is within our understanding that valuations for tax purposes are required for the following purposes:
Asset Valuations Group are engaged regularly for valuations for Tax Purposes throughout Australia. Contact us today to find out how we can be of service.
An individual or business requires valuations for the following purposes but not limited to lending, refinancing, lease & buyback, insolvency, tax, insurance, salvage estimates, auction values, superannuation, concessions. A valuation determines the market value of an asset. Contact Asset Valuations Group today for a valuation.
Most valuations require an inspection unless otherwise agreed upon by the client that a desktop valuation is required. When it comes to property valuations, a site inspection is mandatory.
The traditional way to calculate goodwill is Business Value less the value of the assets. For example, a business value came in at $1,000,000 and the total value of the business assets are $300,000. Therefore the value of Goodwill is $700,000.
Asset Valuations Group Testimonials
William Gray26/09/2024Paul and his staff have been excellent - , professional, thorough and timely, - we have no hesitation in recommending them to any prospective clientsBipen keith15/07/202410/10 for services provided. Very quick response and great to deal with. Had insurance pushing us around so we went with asset valuation for external eye on our file. Paul saved the day and saved our business. Can’t thank you guys enough. Will definitely recommend everyone in need.Luke Swenson15/07/2024Great to deal and great communication. Would use again if needed.tom jonker30/05/2024done a great business valuation thank you Anthony and Paul for your assistance and prompt service!Michelle Richards28/03/2024Highly recommend these guys to provide a valuation. Easy process and quick completion. Got the result I was hoping for and saved a lot of money.Sophie Brockhurst12/03/2024My partner and I needed valuations on our home, cars and contents after being flooded. Due to the team at Asset Valuation Group, we were able to get a much more reasonable quote than what our insurance was offering. Very friendly, professional and punctual. Highly Recommend!Scott “ScottyK” Kitchiner02/02/2024Very happy with the valuation service provided. The pre-accident valuation provided by Paul helped me argue for a better market value payout from my insurer. Paul was available and very helpful through out the process. Highly recommend.Peter Grimshaw23/01/2024I recently had the pleasure of working with Asset Valuations Group for the valuation of my vintage car, and I couldn't be more impressed with their services. What stood out the most was the meticulous detail in their report, showcasing an in-depth analysis and research that greatly added value to the entire process. The inclusion of comprehensive background information on similar cars not only demonstrated their commitment to precision but also provided valuable insights into the market dynamics. The report was not just a set of numbers but a well-rounded document that showcased a profound understanding of the vintage car market. Moreover, the addition of high-quality pictures of my car added a personal touch to the valuation, making the entire experience more engaging and transparent. The team's adherence to Australian superannuation rules further underscored their professionalism and commitment to delivering a service that aligns with regulatory standards. I highly recommend Asset Valuations Group for anyone seeking a thorough and professional valuation service. Their attention to detail, research capabilities, and compliance with regulations make them a top choice in the industry.Colin Griffin22/11/2023The Asset team did a great job with my valuation. Very through research on my vehicle. Would highly recommend.Dylan Leontaridis21/11/2023Jarrad and his team at AVG valued my house in Brisbane earlier this year. I was very impressed with their professionalism and attention to detail. I felt like I could easily communicate with Jarrad, which made the process run smoothly. I would happily recommend AVG to my friends and family. Thanks again AVG!
Level 4, 144 Edward Street, Brisbane City, QLD, 4000
Level 26, 44 Market Street, Sydney, NSW, 2000
Level 27, 101 Collins Street, Melbourne, VIC, 3000
Level 24 & 30, 91 King St, Adelaide, SA, 5000
Level 28, 140 St Georges Terrace, Perth, WA, 6000
Level 6 Reserve Bank Building, 111 Macquarie Street, Hobart, TAS, 7000
Asset Valuations offer a friendly and professional valuation service to individuals and companies Australia Wide.
Asset Valuations deliver a wealth of experience in Asset Management and Valuations. We also Specialise in Auctioneering and have been doing this for more than 40 years around the globe.