Property Valuation
Property sales are the most important factors considered by valuers when determining land values as at 1 July each year.
In the Sydney Metropolitan Area the prestige market is showing signs of recover from the impact of the 2008 - 2009 financial turndown.
A feature of the market is a high sales volume in the lower priced sector but limited sales volume in the middle to prestige sectors.
If you are thinking of getting your property valued by a licenced valuer, access a free online general valuation sales report for your property to find the property sales considered when determining land values in your area.
Visit www.lpma.nsw.gov.au/valuation and click on PROPERTY SALES INFORMATION or LAND VALUE SEARCH.
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