Straight answers, no sales call

Noosa Heads property valuation questions, from owners holding outright.

If yours is not below, ask a real valuer and a valuer picks it up.

Acceptance & compliance

What is a property valuation?+

A registered 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. Where a holding has produced no figures of its own, that attached evidence is the only thing a reader has to work with, so it goes in the file rather than being described. That is the ordinary position in Noosa Heads rather than an unusual one.

What is the difference between a property valuation and an agent appraisal?+

An appraisal is a free selling estimate given while an agent competes for a listing, and it carries no signature and no date it answers for. A valuation is independent of any sale, effective as at one stated day, evidenced by settled sales and signed.

Who is qualified to prepare a property valuation?+

In Queensland, a valuer registered under the Valuers Registration Act. Their name and registration number sit on the report, and that is the whole reason a third party can rely on a figure they had no part in reaching.

Timing & process

Will the ATO and an SMSF auditor accept the report?+

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. Where a Noosa Heads property is held outright by the fund and nobody is in it under a tenancy, that attached evidence is the only thing in the file, which is exactly why it is attached.

Who signs the report?+

The valuer who formed the opinion, named with their qualification and registration number. Not the model that gathered the evidence, and nobody signing in their place. On a holding with no other record behind it, that signature is what the report rests on. (from $550).

Is an Automated Market Assessment enough for tax purposes?+

No. Unsigned means no independent opinion, and therefore nothing an auditor, an accountant or a revenue office can act on. It answers your own question and no one else's. Signed desktop reports usually go out the same business day; this arrives the next one.

How long is a property valuation valid for?+

It is effective as at its date rather than open-endedly. Where the organisation receiving it applies a currency period, that period is what counts, and your adviser will know which. A signed report is also the only lasting record many Noosa Heads holdings ever acquire, so it is worth keeping with the title papers.

Pricing & orders

Are the prices really fixed?+

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.

Why is the valuation different from the price a property is advertised at?+

An advertised price is a marketing position, often a range set to attract interest. A valuation reports settled evidence. Owners here are often working from a figure they last heard years ago, which makes the two look further apart than they are.

How long does a property valuation take?+

A signed desktop report is usually ready the same business day, and it does not take longer because you have no earlier figure to give us. An inspected report waits on access. An Automated Market Assessment arrives the next business day.

Is market value the same as the value on my council rates notice?+

No. A rates notice generally carries a land value, the ground on its own with nothing built on it, struck for rating at a date the council chose. It is often the only number an owner here has seen in years, which is exactly why it gets mistaken for one. A valuation covers the whole property at the date you need it.

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