Sydney Rent Valuation Service
A rent valuation in Sydney is more important than ever. The market is constantly changing, and you would want to make sure the rent for your property is fair and true to its current market value. A rent valuation may also be needed when there have been recent changes to the property that has altered its value.
A regularly conducted rental valuation could benefit either or both the tenant and landlord. If a tenant feels that a change the landlord has done to the property has devalued it, then a fair and precise rental valuation report will support that claim.
A key advantage of having a current rent valuation is information. A report has an extensive amount of detail which could be useful for more than just setting the rent of your property. To calculate the market value of your property, a valuer will examine and include the following in their rent valuation report:
- The size of the property, its exact dimensions, and the land usage
- Relevant location details such as suburb/city, distance to the CBD and local amenities (eg. schools, parks, and transportation)
- Age of the property, the general condition it is in and whether there are any structural issues that must be addressed
- Improvements, renovations, or additions that have been made to the property since its last rental valuation
This is an example of the details that are included in the process of rental determination. With all rental property reviews, a valuer will heavily research the current local property market. They find comparable properties that are similar to yours in every way. They look into their current listing prices and at the recent sales of comparable properties from the last 6 months to accurately determine the current rental value of the property.
Rental Valuation Sydney
Valuations NSW has been Sydney’s leading valuation firm for years. We are a full-service company with a wide range of valuation services on offer. Our expert team of valuers have the ability to conduct a rent valuation for property of all shapes and sizes. If you require a commercial property valuation, we have the specialists for the job. We also have experts for rental property reviews on residential, rural, and industrial properties.
The valuers at Valuations NSW are among the most experienced in the state, with every member serving as a Certified Practising Valuer (CPV) for over 20 years. This extensive experience makes them exceptionally knowledgeable and highly efficient. They consistently produce work that meets the strict standards of the Royal Institution of Chartered Surveyors (RICS) while also holding AVI qualifications. Fully accredited by the Australian Property Institute (API), our team rigorously follows API guidelines to ensure that every report and service we deliver is of the highest quality, guaranteeing our clients the very best in professional property valuation.
We are an independent valuation company with a strong work ethic. We go above and beyond to ensure our clients have exactly what they need in their valuation reports. We deliver every market rent valuation report as quickly as possible without compromising on its detail or accuracy. We have two core principles: honesty and integrity. We follow these principles in all that we do. This includes our service and rent valuation reports.
For more information or to request a free instant quote for a rent valuation please contact us. Our friendly staff will be happy to assist. Reach us via our online contact form or call us at (02) 8599 9863.