Houses, units, townhouses & apartments
Residential house valuations in Melbourne
Comprehensive valuations for houses, townhouses, units and apartments. Trusted assessments for sales, purchases, refinancing and legal matters, prepared by valuers accredited by the Australian Property Institute.
- Inspection
- Internal and external
- Turnaround
- 3–5 business days
- Accepted by
- Lenders, courts, ATO, SRO
Request this valuation
Free quote, no obligation. We confirm the right report type and a fixed price within 24 hours.
About this service
What a residential valuation actually establishes
A residential valuation is a written opinion of market value — the price the property would reasonably achieve in an open sale between a willing buyer and a willing seller, neither under pressure. That definition matters, because it is the same one a bank, a court and the ATO apply.
The figure comes from evidence rather than opinion. A valuer inspects and measures the property, assesses its condition and improvements, identifies the planning controls that apply, then tests the value against verified comparable sales and adjusts for the differences between them.
What we look at during the inspection
The inspection of a standard home takes roughly 30 to 45 minutes. We are not looking for defects the way a building inspector would — we are assessing everything that bears on what a buyer would pay.
- Land size, shape, frontage, orientation and any easements
- Dwelling size, layout, number and configuration of rooms
- Condition, age and standard of finish, and the quality of any renovation
- Improvements: garaging, outbuildings, pool, landscaping
- Planning and heritage overlays, and any development potential in the block
- Position: aspect, outlook, noise, and the immediate streetscape
Apartments and units are a different market
Comparing an apartment against houses in the same postcode produces a meaningless number, which is one of the most common failures in automated estimates. Strata property is valued against its own market: the building, the floor, aspect and outlook, the size and usability of outdoor space, car parking and storage, and the owners corporation fees and any known building issues.
Where a building has a small number of sales, the search widens to comparable buildings of similar age, construction and location — and the report says so.
What to have ready
None of these are essential, but each one improves the accuracy of the result and can shorten the turnaround: the council rates notice, a floor plan or plan of subdivision, details and costs of any renovation work with permits where relevant, the contract of sale if there is one, and the lease agreement for a tenanted property.
Every report includes
What you actually receive
Professional certification
Court-recognised and prepared in compliance with Australian Property Institute and International Valuation Standards.
Market research
Comparable transactions and current market trends, selected and adjusted deliberately rather than averaged.
Detailed methodology
A transparent explanation of the valuation approach, so a reader can follow the reasoning and test it.
Accredited valuers
Prepared by experienced valuers accredited by the Australian Property Institute, with 85+ years of combined experience across the team.
Court-ready documentation
Structured to meet the legal and compliance standards for family law, litigation and taxation matters.
A fixed price, first
A free, no-obligation quote confirmed in writing within 24 hours. You approve the fee before any work begins.
Other valuation services
Got questions?
Residential House Valuations questions
How much does a residential valuation cost in Melbourne?
Independent valuations of a standard Melbourne house or unit generally range from about $300 to $600. Prestige, large or architect-designed homes typically sit between $600 and $1,000 because there are fewer comparable sales and the work takes longer. We provide free quotes with no obligation and confirm a fixed price within 24 hours.
Is it different from the valuation my bank orders?
Yes. A lender's valuation is prepared for the lender, for mortgage security purposes, and tends toward the conservative because the bank is asking what it could recover. An independent valuation asks what the property is worth in the market.
Do you value apartments and units?
Yes. Strata property is valued against comparable strata sales rather than against houses, taking account of the building, floor, aspect, outlook, parking, storage and owners corporation position.
How long is the report valid?
As a general guide, lenders and courts treat a residential valuation as current for about 90 days. Beyond that, a moving market may mean the assessed value no longer reflects current conditions.