Property Valuations Melbourne
Subsequently, the Asset Valuations Group is a trusted firm for all your Property Valuations Melbourne.
Property Valuations Melbourne
In addition, What is a Property Valuation Melbourne?
Equally, a property valuations Melbourne or land valuation is a report that concludes an opinion of value for either residential or commercial property. Furthermore, these properties are not just limited to either residential or commercial properties. In addition, they also include industrial properties, strata units, specialised property and much more. Likewise, we use up-to-date data which allows us to value your property accurately. In addition, we use RP Data, IBISWorld reports and other sources when coming to the final value.
Property Valuation Process in Melbourne
Property Valuations Melbourne
Moreover, do you have a property valuations Melbourne? Additionally, are you looking to purchase property in Melbourne? Furthermore, are you planning to open a business in the property sector? Similarly, then you’re at the right place. Also, we can conduct a practical evaluation of your property with our Property Valuations Melbourne service. Subsequently, we provide property valuation service in Melbourne through expert valuers who have years of experience in the property industry.
Consequently, our property valuation service is designed to provide our clients with great value. Moreover we understand that to provide great value, we need to understand our customer wants an authentic and accurate analysis.
Therefore, we do not provide a generalised price of the property in Melbourne area, but we ask customers about their purpose behind property valuation and then based on their purpose we conduct market analysis in the specific area customer is in. In addition, with us, you can have the safety of accurate analysis.
What People Say About Us
Asset Valuations Group Testimonials
Matthias Klepper
01/11/2023
Thank you Paul and the team for providing excellent service to all my clients
Jeff Attard
25/10/2023
The team at Asset Valuations Group handled my enquiry promptly & professionally. Will not hesitate to use Paul & the team again should it be required. Jeff
Club Vitality
20/10/2023
Great Valuer very fast and efficient and friendly to deal with would recommend
Luke Kestle
27/09/2023
I needed a valuation done on a very unique race car and I needed it done very quickly. Paul and his team did a great deal of research and I was extremely impressed with the level of resolution they were able to present to industry specifics within my industry. Paul delivered on time and the valuation was in my opinion very accurate. Great job AVG!
Andrew George
14/09/2023
Paul and his team from AVG were extremely friendly and helpful. They called to ensure they understand what I was after for the valuations, they reviewed several of my jewelry and watch collection. I will definitely be back for any future needs.
Steven Murray
16/08/2023
One of the best valuers I’ve ever dealt with. Great team, efficient and always deliver on time. Thank you AVG
James Harvey
09/07/2023
Great communication, and a clear transparent process.
Sam Carson
28/06/2023
Great to deal with, very knowledgeable and excellent customer service.
Colin McEown
28/06/2023
Jarrad at Asset Valuations Group assisted us with an urgent valuation right at the end of financial year, when we'd expect they'd be at their busiest. We were very happy with their service!
Melbourne House Valuations
Furthermore, what Valuation Methods Do You Use in Property Valuations Melbourne?
Equally, a residential property differs from a commercial property. Firstly, when valuing a residential property, we rely on a method called the Direct Comparison Method. Moreover, this method relies upon recent sales in the area that have occurred over the past three years. Similarly, in the current environment of COVID-19, we try not use sales that are more than three to six months old.
Lastly, when valuing a commercial property we understand that in most cases this property produces income from the lease. Additionally, because of this we rely on a method called The Capitalisation of Net Income. Moreover, this method assesses other properties income and the yields they produce in order to determine its value.
Example of Capitalisation of Net Income
What is the Capitalisation of Net Income Example?
Moreover, as an example, the subject property has a lease of $1,000,000 per year including all outgoings payable in property valuations Melbourne. Furthermore, recent properties over the past three years with a similar lease have determined a yield of 5.0% to 5.5%. Likewise, given the property has had the same tenant for the last five years, and they have signed a new lease for another ten years, we believe that 5.0% is a more suitable yield.
Therefore, the valuation would be calculated as $1,000,000 divided by 5% which would equate to $20,000,000. Subsequently, we always use a secondary method of valuation which is always the Direct Comparison Method. In addition, should the direct comparison method exceed the Capitalisation of Net Income, we would then rely on the Direct Comparison Method as the primary method of valuation.
Why use Asset Valuations Group?
Furthermore, when looking for a home valuation, you should look for an experienced company that can give you the value of your money. Moreover, Home Valuation Melbourne is offered by expert valuers who know how to effectively conduct an analysis based on research and comparison.
In addition, whether you are looking for a residential property valuation, commercial property valuation, small property valuation or a large property valuation in Melbourne, we can be your trusted partners and provide you with impeccable service. Furthermore, we are all registered through The Australian Valuers Institute. Likewise, we follow the International Valuations Standards Council (IVSC) which set the standards of the reports we produce. Additionally, all our reports produce the Market Value of your property.
As a result, if you are looking for a property valuation give us a call or email us and we will get back to you in no time. Furthermore, you can contact us on 0422 026 728 or admin@assetvaluations.com.au.
Brisbane
Level 4, 144 Edward Street, Brisbane City, QLD, 4000
Sydney
Level 26, 44 Market Street, Sydney, NSW, 2000
Melbourne
Level 27, 101 Collins Street, Melbourne, VIC, 3000
Adelaide
Level 24 & 30, 91 King St, Adelaide, SA, 5000
Perth
Level 28, 140 St Georges Terrace, Perth, WA, 6000
Hobart
Level 6 Reserve Bank Building, 111 Macquarie Street, Hobart, TAS, 7000
