Compulsory Acquisition Valuation in Sydney

With the many developments the NSW government has planned for NSW, the chances you may need a compulsory acquisition valuation in Sydney have increased. If you’ve received an acquisition notice and need advice on your compensation position, our team can assist with a compensation property valuation. Compulsory acquisition occurs when the government requires your property for the development of public infrastructure or buildings. This may be for new roads, railways, or airports.

For related services, see Property Valuation Sydney, Property Valuation NSW, Property Valuers NSW, and if you need to speak with a property valuer in Sydney, visit our Property Valuers Sydney page.

When the compulsory acquisition of your land occurs, the government must make an offer for compensation under the Land Acquisition Act 1991. If you do not agree with the offer that has been made after the NSW Valuer-General has determined the compensation, then you have every right to lodge an objection with the Land and Environment Court. If you also need a valuation for related reporting requirements, you may require a property valuation for tax purposes. This is where a compulsory acquisition valuation by an independent valuer comes in.

A compulsory acquisition matter typically requires both a property valuation and clear advice from experienced property valuers so you can assess whether the compensation offer is fair.

For compulsory acquisition of land in NSW, the compensation valuation report must be accurate to the date the land was acquired. The valuer will have to perform a retrospective valuation that does not include any:

Improvements or any devaluation that has occurred since the land has been acquired
Proposed plans for improvements to be made on the land
Increase in value that may be the result of any illegal activity or use of the land

There is a special consideration that may be assessed for the compensation for compulsory acquisition in NSW. If there is an added value to your property that is not included in its market value, a valuer will have to factor it into their compensation calculation. This is referred to as the Special Value of the land. This special value is an incidental advantage the landowner had and now is losing since the acquisition. For example, a restaurant owner also owns the neighbouring farm to provide a farm to table experience for their patrons, since the farm has been acquired, they lose a core part of their business and therefore have reason to make a claim for special value compensation.

Compulsory Acquisition Valuation Sydney

Valuations NSW is a well-regarded, Sydney-based valuation firm that has been recommended by many legal firms for compensation valuations. Compulsory acquisitions can be very stressful. Especially when you object to the valuation of the NSW Valuer-General. It can be a long and taxing process and the valuers of Valuations NSW strive to make the process easier.

We are an independent company. We put the needs of our clients first with every valuation. In this case, we will help you get fair and adequate compensation for the compulsory acquisition of your land. The valuation report is made with thorough research and objective facts. Its transparency and comprehensive nature will prove that our valuation is true.

We have the most qualified and experienced valuers on our team. Every one of our valuers has been working as a Certified Practising Valuer (CPV) for over 20 years. They have also been fully accredited by both the Australian Property Institute (API) and the Royal Institution of Chartered Surveyors (RICS). You can rely on their experience to help with your compulsory acquisition compensation.

Compulsory Acquisition Valuation FAQs

What is a compulsory acquisition valuation?

A compulsory acquisition valuation is an independent assessment of compensation when a government authority acquires a property (or part of it) for a public purpose such as roads, rail or utilities.

Do I need an independent valuation if the NSW Valuer-General has already assessed compensation?

An independent valuation is often recommended to help you understand whether the offer reflects fair compensation and to support negotiations or an objection if required.

What date does the valuation need to be assessed at?

Compensation valuations are typically assessed as at the relevant acquisition date (or the date specified in the acquisition process/notice), using market evidence and assumptions appropriate to that date.

What is special value and can it affect compensation?

Special value refers to an additional value the land may have to the owner beyond standard market value due to a unique advantage or use. Where applicable, it may be considered as part of a compensation assessment.

What if only part of my land is acquired?

A partial acquisition may involve assessing the property before and after acquisition, including impacts on access, usability, improvements, or overall utility of the remaining land.

How long does a compulsory acquisition valuation take?

Timeframes vary depending on property type and complexity. After inspection and once the required information is available, the report is typically delivered within an agreed turnaround.

What information should I provide to the valuer?

Helpful information includes acquisition notices, plans showing the affected area, title details, lease information (if applicable), and any correspondence or offer documents received from the acquiring authority.

Related Valuation Services

For more information on how we can assist with compulsory acquisition, please contact us at (02) 8599 9863 or complete our online form.