Property Valuations in Australia: Everything You Need to Know
- jake78314
- Nov 19
- 3 min read
Whether you’re buying, selling, refinancing or completing tax-related work, a property valuation is one of the most important steps in the process. In Australia, valuations must be accurate, compliant, and performed by a qualified valuer, and the quality of that valuation can significantly impact your financial outcome.
At Propti, we make the entire process simple. Our platform connects you with accredited valuers across Australia, delivering fast, independent and professional valuations for any purpose.
This guide explains how property valuations work, what they include, how much they cost, and when you need one.
What Is a Property Valuation?
A property valuation is an independent assessment of a property's market value completed by a qualified valuer. Unlike online estimates or agent appraisals, a formal valuation is legally recognised and used by lenders, accountants, lawyers and government bodies.
A professional valuation typically includes:
A physical site inspection
Comparable sales analysis
Market trends and location data
Condition, improvements and property features
A final written valuation report
This ensures a reliable, evidence-based market value at a specific point in time.
Why Property Valuations Matter
Property valuations play a crucial role in major financial decisions. The correct valuation can:
Strengthen loan approvals
Reduce stamp duty errors
Protect you during negotiations
Support tax reporting
Assist with legal matters
Help you meet compliance requirements
Using an independent valuer ensures accuracy and prevents bias.
When Do You Need a Property Valuation in Australia?
At Propti, we support every valuation type, including:
Required by lenders for home loans and refinances.
Used to calculate tax obligations when transferring ownership.
Essential when selling investment properties or for retrospective valuations.
Required for separation, divorce or asset division.
For buyers wanting an independent, non-agent-influenced value.
SMSF Property Valuations
Mandatory annual valuations for Self-Managed Super Funds.
Determine value at a specific historical date.
Each valuation type serves a different legal or financial purpose, and using a qualified valuer ensures the report meets regulatory standards.
How Long Does a Property Valuation Take?
Turnaround times vary depending on the location and type of valuation.
With Propti, most valuations are completed within:
24–48 hours for metro areas
48–72 hours for regional areas
Urgent same-day valuations are available in selected locations.
How Much Does a Property Valuation Cost?
Valuation fees depend on the valuation purpose, property type, and location. Most standard residential valuations range from $350 to $700, while specialised or commercial valuations may cost more. Through Propti’s network of valuers, you receive competitive pricing and fast turnaround.
How Propti Makes Valuations Easy
Propti streamlines the entire valuation process.
1. Book Online in Minutes
Select your valuation type, location, and preferred time.
2. We Assign an Accredited Valuer
Your report is completed by a certified Australian valuer.
3. Receive Your Report Fast
Reports are delivered securely with transparent communication throughout the process.
4. Nationwide Coverage
Metro and regional property valuations across Australia.
Whether you’re a buyer, accountant, solicitor or property professional, Propti makes valuations simple, fast and reliable.
Frequently Asked Questions (FAQs)
How accurate are property valuations?
Valuations completed by certified valuers follow strict industry standards and are significantly more accurate than online estimates or agent appraisals.
Are valuations different from appraisals?
Yes. Agent appraisals are informal opinions. Valuations are legal, independent assessments required by lenders and government bodies.
Can I challenge a property valuation?
Yes, if you have evidence of incorrect comparable sales or major factors that were missed. Propti can assist with a reassessment if needed.
Do lenders always require a valuation?
Most lenders require a valuation for refinances, purchases, and equity release, especially when risk is higher.
