Refinancing & lending
An appropriately scoped current valuation can help lenders assess property security, borrowing decisions and risk. Lender instructions may require their own valuation.
EQUITY VALUERS / KNOWLEDGE CENTRE
Knowledge that informs.
Valuations that matter.
Practical guidance, trusted government references and professional insight to help you make more informed property decisions.
Read our insights01 / WHY IT MATTERS
Property values change.
Your decisions deserve current evidence.
A valuation is a professional assessment of market value as at a specified date, prepared for an agreed purpose. Older reports may not reflect today's market or suit a new use.
Capital gains tax
In certain circumstances, a market value at a specific historical date is relevant to CGT. An updated valuation today cannot replace a valuation at the legally relevant date.
Estate & family matters
Independent valuations can assist with deceased estates, ownership changes and property settlements, subject to legal and professional advice.
Investment decisions
Market evidence can support acquisition, disposal, portfolio reviews and assessment of changing local conditions.
Commercial property
Changes in rental income, occupancy, yields, condition or permitted use may affect a commercial or industrial property's market value.
Reporting & governance
Independent valuation evidence may support financial reporting or governance requirements where an appropriate valuation basis is required.
02 / UNDERSTAND THE DIFFERENCE
Market value is not the same as land value.
NSW land tax generally uses unimproved land values determined by the NSW Valuer General. A professional market valuation can assess the property including improvements, depending on its purpose and basis.
Read the full explanationPROPERTY MARKET VALUATIONLand + improvements
May include buildings, property attributes and market evidence under the instructed valuation basis.
NSW STATUTORY LAND VALUEUnimproved land
Used by Revenue NSW for land tax calculations under the relevant legislation.
03 / PROPERTY INSIGHTS
Insights from
independent valuers.
Plain-English articles on when and why independent valuation evidence matters.
UNDERSTANDING VALUE
Market value and statutory land value: what is the difference?
Why the land value on a NSW land tax assessment is not the same as an independent market valuation of your property.
Read the article ↗ PLANNINGWhen should a property valuation be updated?
Refinancing, changing markets, estates, reporting and other moments when a current, independent valuation matters.
Read the article ↗ TAXATIONCGT valuations: why the valuation date matters
The relevant date depends on the CGT event and your circumstances. It is not automatically 1 July.
Read the article ↗ ESTATES & FAMILYValuations for deceased estates and family settlements
How independent valuation evidence can assist executors, beneficiaries, separating parties and their advisers.
Read the article ↗04 / OFFICIAL RESOURCES
Authoritative information.
Direct from government.
Selected external resources to help property owners, investors, accountants and lenders understand valuation-related obligations.
ATO / FEDERAL
Market valuations for tax purposes
Understand valuation evidence, reporting requirements and tax-related market values.
Australian Taxation Office ↗ (opens in a new tab) ATO / FEDERALCapital gains tax guidance
Official CGT guidance and record-keeping information for property owners.
Australian Taxation Office ↗ (opens in a new tab) NSW GOVERNMENTUnderstanding land tax
How NSW land tax works and why unimproved land value differs from market value.
Revenue NSW ↗ (opens in a new tab) NSW GOVERNMENTHow land tax is calculated
The three-year average land-value calculation and the relevant taxing date.
Revenue NSW ↗ (opens in a new tab) NSW GOVERNMENTLand values and valuation enquiries
Find official NSW land valuation information and guidance on land values.
NSW Valuer General ↗ (opens in a new tab) NSW GOVERNMENTNSW Government services
The central website for NSW Government information and services, including housing and property.
NSW Government ↗ (opens in a new tab) FEDERAL GOVERNMENTBusiness valuation guidance
Official business.gov.au guidance on valuing business assets and preparing information.
Australian Government ↗ (opens in a new tab) FEDERAL GOVERNMENTPrivacy and your information
The Office of the Australian Information Commissioner: your privacy rights and how to raise a concern.
Australian Government ↗ (opens in a new tab)External links open official third-party websites. Information may change; check the relevant authority for current rules and seek professional tax or legal advice where appropriate.
05 / COMMON QUESTIONS
Valuation questions, answered.
How often should I update a property valuation?
There is no universal annual requirement. A new valuation may be appropriate when your purpose changes, market conditions shift materially, a lender requests one or a particular tax or legal event requires evidence.
Can I obtain a valuation for a date in the past?
Yes, a retrospective valuation may be possible using historical market evidence. The required date and purpose should be established with your accountant or adviser before instruction.
Is a real estate agent's appraisal the same as a formal valuation?
No. An appraisal is commonly a pricing opinion for marketing purposes; a formal valuation is prepared to an agreed scope, basis, purpose and applicable professional requirements.
Is the land value on my land tax assessment my property’s market value?
No. NSW land tax generally uses unimproved land values determined by the NSW Valuer General. An independent market valuation assesses the property, including improvements, on the basis and at the date instructed.
Does a valuation determine how much CGT I pay?
No. A valuation can provide market value evidence when required. Your accountant or tax adviser determines how tax law applies to your circumstances.
What should I prepare before requesting a valuation?
Provide the property address, property type, valuation purpose, required valuation date, any deadline and relevant plans, leases or other property records where available.
06 / TAKE THE NEXT STEP
When was your property last valued?
Discuss your requirements with Equity Valuers and request a valuation appropriate to your property and intended use.