Stamp Duty Property Valuers
Tax is one of the only certainties in this life and it cannot be avoided. Stamp duty can cost a considerable amount of money for anyone, let alone if you’re a first home buyer in which case you’ll need to add the cost of the stamp duty to your deposit savings.
What is a stamp duty valuation report?
The first step in getting a stamp duty valuation is to get a property inspector to value your property. A stamp duty property valuation will be completed by one of our expert property valuers. They will inspect your property and focus their attention on external factors such as: The property’s zoning (residential or commercial); Rental vacancy rates; Gentrification and other development; Property supply and demand; The time on market; Population growth; Interest rates; Capital gains tax rates; Overseas interest in the market; Local amenities such as restaurants, cafes and supermarkets etc; Schools in the area;
They will also review internal factors including, but not limited to: Name and number of the house – a name can add value to the property; Street appeal; The size of the house including usable space; The age and condition of the house; Past and potential upgrades and renovations; The paint colour and style – neutral tones such as white or cream increase a property’s value; Energy efficiency – a home with solar panels will be worth more than one without.
Why do I need a stamp duty valuation and is it mandatory?
When the property ownership is transferred, a stamp duty is expected to be paid unless exempt. Much like other forms of taxation, it is mandatory when acquiring property. How much you owe depends on the value of the property itself.
Why choose NT Valuers for your stamp duty valuation?
Stamp duty is a significant expense, often amounting to thousands of dollars and payable at, or before, settlement when a property is transferred. Our property valuers are registered with the Australian Property Institute (API) and also hold AVI or RICS qualifications. With extensive experience in conducting stamp duty valuations for a range of clients—including companies, conveyancers, solicitors, and trusts—we are highly adept at preparing valuations for the Territory Revenue Office. As part of our rigorous valuation process, we utilise premier property databases and carefully compare relevant sales to ensure that your property valuation report is both precise and comprehensive.
To book a stamp duty valuation inspection give us a call on (08) 8911 1505.