Property Valuations Melbourne by Asset Valuations Group offers precise assessments for Melbourne’s dynamic real estate market. Trust our expertise for accurate valuations, guiding informed decisions on your property investments.
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 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.
Asset Valuations Group Testimonials
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!
dylan Locaputo-Panagis17/11/2023Exceptional service. Their team's expertise is truly impressive, providing accurate and insightful assessments. Timely delivery and a thorough understanding of market dynamics set them apart. Transparent communication and attention to detail make them a trusted partner. Highly recommended for anyone seeking reliable and comprehensive valuation services.
Matthias Klepper01/11/2023Thank you Paul and the team for providing excellent service to all my clients
Jeff Attard25/10/2023The 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 Vitality20/10/2023Great Valuer very fast and efficient and friendly to deal with would recommend
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.
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.
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.
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