Retrospective Property Valuation

Property valuation services are generally aimed at establishing real estate’s current market value. This value is critical when buying or selling property, planning for future growth, setting up rental contracts and much, much more. In some cases, however, calculating your property’s value at a past date is essential. This is done with a retrospective valuation.

Reasons for seeking out a retrospective valuation include:

Calculating capital gains tax liability
supporting divorce settlements
deceased estate
family law matters
historical analysis
litigation proceedings.

Capital gains tax, in particular, is one of the most popular reasons for a retrospective valuation. This is a tax paid to the government on the sale of a property. It is calculated based on that property’s value and illustrates the increase in its market value from purchase to sale.

A retrospective property valuation will help you determine the increase or decrease in the property’s price between particular dates.

To ensure accuracy, we review historical sales data, market trends, economic indicators and any relevant data points concerning the internal and external conditions of the property. This includes physical characteristics, location and zoning regulations.

How to value property retrospectively

Securing an accurate retrospective valuation requires careful consideration and lots of research. We consider physical characteristics, location, income potential, zoning regulations and more. This includes considering any changes or improvements made to the property since the specified date and making the appropriate adjustments.

A key part of this process is considering the prevailing market conditions at the retrospective date. Factors such as past interest rates, supply and demand dynamics, economic stability and local market trends are all important here.

To gather this information, our Certified Practising Valuers (CPVs) — accredited by the Australian Property Institute (API) and holding AVI or RICS qualifications — leverage premier property databases accessible exclusively to licensed professionals. This access enables them to obtain the most accurate and comprehensive market data, ensuring precise and informed valuations.

These databases also provide a wealth of historical sales data, which our CPVs use to make direct comparisons between your property and similar properties in the same area.

It’s important to remember that property values are subject to market trends and cycles that fluctuate significantly over time. A retrospective valuation takes into account the specific phase of the market cycle during the period under review, capturing any unique factors that may have affected property values during that time.

Why work with us?

Each of our valuers is fully licensed and holds decades of experience in retrospective real estate valuations across residential, rental, commercial and industrial properties.

We are trained to assess a wide range of factors such as regulations and zoning laws, land use policies and building codes, a building’s physical depreciation and condition, as well as historical events and external influences.