At National Property Valuers, we specialise in retrospective property valuations to determine the value of a property at a specific point in the past.
Types Of Retrospective Property Valuations We Undertake:
Capital Gains Tax (CGT) Calculations
Retrospective valuations help property owners calculate capital gains or losses, particularly when selling a property. Knowing the property’s historical value ensures accurate CGT reporting.
Family Law Settlements
In cases of separation or divorce, retrospective valuations establish the value of shared properties at the time of separation. This ensures a fair division of assets between the parties.
Deceased Estates
When administering a deceased estate, it is often necessary to determine the property’s value as of the date of the owner’s passing. This valuation is essential for inheritance and probate purposes.
Compliance with Legal and Tax Authorities
Courts and the Australian Tax Office (ATO) often require retrospective valuations to be conducted by qualified Certified Practising Valuers (CPVs) to ensure accuracy and compliance.
How do we conduct a retrospective valuation?
- Research and Historical Data Analysis
- We analyse historical property sales and market trends relevant to the date in question.
- This includes reviewing factors like market conditions, comparable sales, and broader economic influences at that time.
- Property Assessment
- Where possible, we conduct a detailed physical inspection of the property to assess its condition, unique features, and surrounding amenities.
- If access is restricted or the property is no longer available (e.g., sold or inaccessible), we provide a desktop valuation based on comprehensive historical data and records.
- Detailed Reporting
- Once the research and assessment are complete, we deliver a clear and comprehensive retrospective valuation report.
These reports are tailored to meet legal and tax authority standards and can be used for various official purposes, including tax submissions and legal proceedings.
The valuation of your property is in safe hands
Contact us on 1800 828 222 (office hours).
We will be glad to help you with an independent retrospective valuation of your property.
Accurate, experienced, professional & unbiased.
Valuing Properties Across Australia Since 1987
Why Choose National Property Valuers?
Our experienced team of Certified Practising Valuers ensures every valuation is thorough, reliable, and meets the highest professional standards. Whether for tax compliance, inheritance, or legal requirements, we provide expert services you can trust.
Contact us today to discuss your retrospective valuation needs and obtain a personalised quote.
