FAQ

Our FAQ’s are designed to provide clarity and guidance on all aspects of property valuations across the Gold Coast. Whether you’re seeking a residential or commercial valuation, this resource answers the most common queries we receive from clients. From understanding the valuation process to knowing when and why a valuation is needed, our FAQs offer straightforward, expert insights. At Gold Coast Property Valuations, we believe informed decisions start with reliable information. Explore the questions below to gain a better understanding of how valuations work, what’s involved, and how we can support your property goals.

Residential Property Valuation FAQ’s

A residential property valuation is a professional assessment of a home’s market value conducted by a certified valuer. It’s based on factors like location, condition, land size, and recent sales in the area.

You may need a valuation when buying or selling a home, refinancing a mortgage, settling a divorce, managing an estate, or for capital gains tax purposes.

The valuer will inspect the property’s interior and exterior, noting its layout, condition, improvements, and features. They also assess the land and location before researching comparable sales.

Most valuations remain relevant for 3–6 months, depending on market conditions. In fast-moving markets, banks and institutions may require a more recent valuation.

No. While an appraisal can provide a rough estimate, only a certified property valuation is legally and financially recognised by banks, courts, and government bodies.

Fees typically range from $300 to $600 depending on the property’s size, location, and complexity. Contact us for a quote specific to your property.

Yes. Quality renovations and upgrades can increase your home’s value, especially if they enhance functionality or appeal. However, overcapitalising may not always result in a higher valuation.

Commercial Property Valuation FAQ’s

A commercial property valuation is a detailed assessment of the market value of properties such as office buildings, retail spaces, warehouses, or industrial facilities. It is conducted by a certified valuer for financial, legal, or strategic purposes.

Commercial valuations are essential for buying or selling, securing finance, lease negotiations, portfolio management, insurance, taxation, legal disputes, and development feasibility studies.

Valuers assess factors such as rental income, lease terms, tenant quality, location, property size, condition, zoning regulations, operating expenses, and comparable sales in the area.

Unlike residential valuations, commercial valuations are income-driven. They focus more on rental yields, lease agreements, and potential return on investment rather than just physical attributes.

Depending on complexity, a commercial valuation may take 3–7 business days to complete after the site inspection, including time for financial analysis and market research.

Costs vary widely based on property type, location, and scope of work. Larger or more complex properties may require more in-depth analysis. Contact us for a customised quote.

Only qualified and certified property valuers accredited by the Australian Property Institute (API) can conduct commercial valuations that meet legal and financial standards.

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