INDEPENDENT PROPERTY VALUATIONS

Experienced Property Valuers across greater Melbourne.

 

We have a wealth of knowledge and experience in the property market across the greater Melbourne region.

 

Parrington Property Valuers provide property valuations based on comparable sales and rental evidence taking into account factors such as location, zoning, size, condition, date, market trends and rental return.

Our expertise helps ensures fair and accurate property valuations, to provide peace of mind, based on market conditions, at the valuation date.

Our fees are competitive.

WHAT WE DO

Type of valuations include

 

Current Market Valuations

Property valuations are undertaken for property transfer, inter family transfers, estates and to set reserve price for auctions.

Capital Gains Tax Property Valuations

An accurate assessment of market value at the retrospective appropriate date is imperative to ensuring the correct tax is paid.

Insurance Valuations for Owners Corporations and Individuals

An accurate replacement cost is imperative to ensure your home or investment is adequately insured due increasing building costs and with a changing climate, particularly in coastal, flood prone and fringe areas across greater Melbourne.

Current Market and Rental Valuations in shopping strips

Property valuations are undertaken to assess current market and rental values for properties in retail and commercial areas often to assist with dispute resolutions, and rental determinations, in accordance with the lease.

 

Commercial and Industrial Valuations

Property valuations for commercial and industrial properties are undertaken for assessing market or rental values and also dispute resolution.

Self-Managed Superannuation Fund Property Valuations

A valuation of assets is required to confirm your SMSF has complied with relevant superannuation laws.

Property valuations are undertaken across all property classes including retail commercial, industrial and residential.

Family Law Valuations

Property valuations are undertaken for the Federal Circuit and Family Court of Australia are conducted in accordance with the Federal Circuit and Family Court of Australia (Family Law) Rules 2021 and the Expert Witness Code of Conduct. It is our duty is to provide independent expert evidence to the court.

 

ABOUT US

Experienced and Independent

With a professional background in valuations and real estate since 2000 Parrington Property Valuers has a wealth of knowledge and experience across Melbourne’s property market.

We are passionate about providing accurate, insightful advice to our clients. We monitor our accuracy by comparing our valuation figures to the sale prices, if the property is sold. From 1/7/23 to 31/12/23 we were 96% accurate, which was reassuring.

We draw upon the industry databases, auction results, our relationship with local agents and our personal historic database for retrospective valuations.

This unique synergy benefits our clients, assuring peace of mind and a degree of certainty in their property transactions. Professional advice can assist with a property negotiation or settle a dispute. It can be powerful and make a difference to the final outcome.

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OUR PEOPLE

Parrington Property Valuers are experienced

Russell Parrington

FAPI, AREI, CEA (REIV)
REIV Sworn Valuer
Specialist Retail Valuer 
Certified Practising Valuer No 62062

Mobile: 0418 108 645

Bruce Alcock

AREI, CEA
Dip. Civil Engineer
Grad. Dip. Mgmt
Consultant and Auditor

Mobile: 0418 347 513

Rebecca Coulthard

Valuations Assistant and Consultant

Mobile: 0413 620 221

 STAY INFORMED

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FAQ

Questions clients ask

 
  • Valuations should be reasonably accurate and reflect the current market, based on the comparable sale and rental evidence, however they do fluctuate as the market changes.

  • Valuations are prepared by inspecting the property, comparing the comparable sales which are analysed and used to arrive at a valuation figure.

  • Factors such as location, date, land dimensions, age, size, design and condition of the improvements, ancillary improvements, rental value, zoning, scarcity and all other elements which differentiate properties and ultimately establish the market value.

  • Typically, a valuation is valid for a period of up to three months. However it can change with the market.

  • A valuer carries out an internal inspection of the property, typically taking approximately 30 minutes, and then inspects the comparable sale/rentals, which are analysed to derive a valuation figure.

CLIENTS

Our clients include


 
  • Australian Property Institute (API)

  • Real Estate Institute of Victoria (REIV)

  • Clients of Estate Agents across Melbourne

  • Solicitors

  • Landlords

  • Owner Corporations Managers

  • Government Authorities

  • Accountants

GET IN TOUCH

Please give us a call or email

 

If you would like a quote, need some information or have any questions, get in touch. Complete the contact form or call us.

 

OFFICE LOCATION

Home Office
8 Tennyson Street Brighton 3186
Office: 1800 443 612