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Property Valuation

Home/Property Valuation

Commercial and House Valuations in Melbourne


Our office can be contacted on (03) 9836 8877 with our directors and valuers available to discuss your property matter. Alternatively see our online Quote Form.

Bertacco Ferrier Property Consultants provide property valuations throughout metropolitan Melbourne as well as specialised assignments within regional centres including Geelong, Bendigo, Ballarat and Latrobe Valley.

Property valuers at Bertacco Ferrier all maintain Certified Practising Valuer status and work in a team environment with full office support and access to the latest technology and property information. Having some of the most senior property valuers in Melbourne enables us to undertake a wide range of property valuations for a variety of clients and purposes.

We provide advice to lawyers, banks, government agencies and private clients for a variety of purposes.

 

We provide expertise in the following areas

Property Types

  • Commercial
  • Retail
  • Industrial
  • Prestige residential
  • Residential
  • Englobo land
  • Medical centres
  • Child care centres
  • Specialised property

Valuation Purposes

  • Mortgage security
  • Pre-Purchase / disposal
  • Project feasibilities
  • Litigation / matrimonial
  • Rental determination
  • Insurance
  • Financial reporting
  • Progress inspections
  • Compensation / acquisition

 

The most common purpose of an independent property valuation is to ascertain market value.

What is market value?

The definition of market value was tested in Spencer v The Commonwealth of Australia (1907) and is known to be… The estimated amount for which an asset should exchange on the date of valuation between a willing buyer and a willing seller in an arms length transaction after proper marketing wherein each party had acted knowledgeably, prudently and without compulsion.

How long will it take to receive the property valuation report?

The turnaround time of a valuation is dependent upon a variety of variables, mainly being the property type (eg. residential, commercial), purpose of valuation (e.g. mortgage, litigation, pre-purchase/disposal) and approximate value of the property. Generally, residential valuations are completed within 2 business days of instruction and commercial valuations are completed within 10 business days of instruction. The circumstances and time-frame requirements of each particular client are considered.

What do we require to commence the valuation ?

In order for us to undertake a valuation exercise we require written instructions. The instructions can be in the form of an e-mail, letter or fax and should state the purpose of the valuation, the address of the property, contact details for access and that the client agrees to the pre-negotiated fee. Once instructions are received our administration staff will organise for a valuer to inspect the subject property as soon as possible.