Nothing here answers it? ask a real valuer and you get a person, not a bot.
A written opinion of market value at a stated date, prepared by a registered valuer who signs it in their own name. The report sets out what was valued, when, and the sales evidence behind the number, which is what lets a third party rely on it.
An agent appraisal is an opinion about what a property might sell for, and nobody puts their name to it. A property valuation is a registered valuer's assessment at a stated date, backed by comparable sales and signed by the person who made it.
Valuers are tertiary qualified in property and professionally accredited, typically as a Certified Practising Valuer with the Australian Property Institute. Several states run their own registration schemes on top of that. Whoever signs your report is qualified for the state the property is in.
Yes. It is prepared and signed by a registered valuer independent of the trustees, with the sales evidence and the method set out, which is what makes it something an auditor can accept rather than query.
A registered valuer, named on the report with their qualification. The person who forms the opinion is the person who signs, which is the whole point of a signed report..
No. Without a valuer's signature there is no independence and nothing for a third party to rely on. It answers your own question, not the ATO's. Speed is not the difference either. Signed desktop reports generally go same day; the Automated Market Assessment lands next business day.
A valuation is tied to its effective date. It does not expire on a fixed timetable, but the further the market moves the less it represents today's position. Where the recipient sets a currency period, that is what applies.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments.
An asking price is what a seller hopes for. A valuation is built from what buyers have actually paid for comparable property. A gap between them is normal and is not a fault in either.
A signed desktop report normally goes the same business day. An inspected report depends on getting in, and with most Parramatta property tenanted that means arranging a time with the occupant or the agent. An Automated Market Assessment arrives the next business day.
No. The figure on a rates notice is a land value, assessed without the building on it and at its own date, for the purpose of striking rates. A property valuation values the property as it stands, at your date.