If yours is not below, ask a real valuer and the valuer who would sign the report replies.
A valuer's signed opinion of what a property was worth on one nominated day, with the comparable sales and the reasoning set out beneath it. Part of that reasoning is saying what the property actually is, in words rather than as a category, and in Malvern that is not a formality: the census itself cannot place a real share of the suburb's dwellings in any of its ordinary classes.
An appraisal is a free, unsigned selling estimate given while an agent competes for a listing. A valuation is independent of any sale, effective as at a stated date, evidenced by settled sales and signed. An appraisal is also free to describe an unusual property in whatever terms suit the campaign, and a valuation is not.
In Victoria, a valuer with the professional qualification and standing to have their opinion relied on. Their name and credentials appear on the report, which is exactly what allows a third party to 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 formed the opinion, named, with their qualification beside it. Choosing which sales stand for an unusual property is a judgement, and a judgement needs somebody willing to attach a name to it. (from $550).
No. Nothing in it is signed, so there is no independent opinion for an auditor, an accountant or a revenue office to stand on. It also works by category, which is what it is for, so where a Malvern address is not really any of the categories the estimate is answering a slightly different question from the one you asked. On timing: a signed desktop report usually goes out the same day, and an Automated Market Assessment the next business day.
It is effective as at its date rather than open-endedly. Where the organisation receiving it applies a currency period, that period governs, and your adviser will know which. For an unusual property the description in the report tends to outlast the figure, and it is often the part people come back to.
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, often a range set to draw interest. A valuation reports settled evidence. The two part company most easily around a Malvern address that resists description, because a campaign can pick whichever comparison flatters it and a valuation has to justify the ones it used.
A signed desktop report is usually ready the same business day. An inspected report waits on access, which is the step that sets the timeline. An unusual address does not add days to it, it adds pages, because more of the property has to be described. An Automated Market Assessment arrives the next business day.
No. A rates notice carries a figure struck for rating at a date the council chose, for a purpose that is not yours. A valuation covers the property at the date you actually need, with the sales it relied on set out beneath it. For a property that fits none of the usual descriptions, a figure prepared for a different purpose entirely is a particularly poor stand-in.