Primary evidence
Residential: comparable sales of similar dwellings.
Commercial: net income, lease covenants and market yields.
Method
Residential: comparable sales, sometimes summation for acreage.
Commercial: income capitalisation and discounted cash flow.
Typical purpose
Residential: sale, refinance, family law, CGT, estates.
Commercial: finance, SMSF, rent review, reporting, litigation.
Turnaround
Residential: 1–3 business days after inspection.
Commercial: 3–7 business days, subject to documentation.
Indicative fee
Residential: $300 – $600.
Commercial: from $800, quoted on complexity.
What moves the number
Residential: position, aspect, land, condition, catchment.
Commercial: tenancy strength, WALE, zoning, land rate.