Australians all over the country, including in the Northern Territory, are enthusiastic about property and constantly talk about property prices. People like to talk about them increasing, decreasing and the rate of the activity. Therefore you may have questions about what your property is worth and want influences the price of it. The following things are just a few of the aspects that have an impact on the price of property: The time on the marketThe property’s zoningThe area’s economic growth and developmentRental vacancy ratesWhether or not the locality is experiencing population growth and gentrificationThe supply levels of comparable properties in the areaPopulation growthInterest ratesNegative gearing and other taxesThe historical performance in the suburbInternational interest in the area.
People often get residential real estate valued when they’re looking to purchase property so they don’t pay more than what a property is actually worth. The reality is that even if someone offers more than what a property is worth they’ll struggle to get finance because the lender wants to minimise their risk, so a property valuation is also important if you’re selling your property.
A residential property valuation is also important when you’re planning your financial future and our residential property valuers can value your property for a range of purposes such as: Capital gains taxEstate planningInsurance purposesLitigationRetirement planning.
Even if the property is held in a trust or company it is recommended that you get the property valued regularly, especially when the property was transferred between related parties.
NT Valuers valuers perform a variety of property advisory services including, but not limited to: Compulsory acquisition valuationsEstate matters such as Probate tax valuationsPre-purchase or pre-sale advice valuationsProperty settlement negotiation valuationsRent reviews/Rental determination valuationsStamp duty or capital gains tax valuations.
We take great pride in how responsive we are and aim to inspect your property within two days of your original enquiry. After the inspection is completed we aim to send your finalised property report to you within 3-5 days of the inspection.
An inspection can be arranged by calling (08) 8911 1505.