Property valuers assess the value of land, buildings and improvements, as well as plant and machinery.
A valuation is an assessment of the amount a property would sell for on a set date, so valuers gather and analyse a range of property information, such as sales, to determine the values of comparable properties.
They also provide expert advice on matters under litigation and are recognised by courts as expert interpreters of the property market.
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About Michael Yardney
Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au
