Information Links
CAPITAL GAINS TAX PROPERTY VALUATIONS
Australian Taxation Office (ATO) 1 July 2027 tax reform new legislation link:
Tax reform - Boosting home ownership - Reforming negative gearing and capital gains tax
When is a formal property valuation required for Capital Gains Tax purposes? The link to the free online library from the ATO website below provides the most direct answers to this.
ATO MARKET VALUATION FOR TAX PURPOSES
Market Valuation for tax purposes
SLR Valuations recommends you contact the ATO, your accountant or tax agent for any further clarification.
DECEASED ESTATE PROPERTY VALUATIONS
When is a property valuation required?
Executors of deceased estates
FAMILY LAW PROPERTY VALUATIONS
What is a property valuers role as an expert witness for a family law property valuation?
Federal Circuit and Family Court of Australia
Expert witnesses in family law
PRE-PURCHASE PROPERTY VALUATIONS
What is one of the most important safeguards when purchasing a property?
Independent advice from a property valuer
Property valuations for Buyers
PRE-SALE PROPERTY VALUATIONS
What is one of the most important safeguards when selling a property?
Before you put your home on the market
Getting a property valuation for Sellers
PROPERTY TRANSFER VALUATIONS
When are property transfer valuations required:
Queensland Revenue Office
PROPERTY VALUATIONS FOR SELF-MANAGED SUPER FUNDS
Valuation guidelines for self-managed super funds
REINSTATEMENT VALUATION FOR A BODY CORPORATE
Insurances for a Body Corporate
Building insurance and valuation
ROYAL INSTITUTION OF CHARTERED SURVEYORS (RICS)
Leading professional valuation body with a heritage with over 150 years
“The Red Book is issued by RICS as part of our commitment to promote and support high standards in valuation delivery worldwide. The publication details mandatory practices for RICS members undertaking valuation services. It also offers a useful reference resource for valuation users and other stakeholders.”
Current edition effective 31 January 2025
RICS Valuation - Global Standards: Australia national supplement
Current supplement issued 6 November 2025
Australia
Source: www.rics.org
VALUER REGISTRATION BOARD QUEENSLAND
“Established in 1965 to regulate Queensland’s property valuation profession”
Guidelines for Registration as a Valuer in Queensland
The VRBQ Guidelines for Registration are a 9-page document detailing the legal, educational, and practical requirements for becoming a valuer in Queensland.
Difference between a Valuation and an Appraisal
“In Queensland, valuations of real property can only be legally undertaken by a valuer who is appropriately registered under the Valuers Registration Act 1992 (VRA). A legally prepared valuation provides an unbiased and independent assessment of value that can be relied on for financial decisions, legal or statutory requirements. Valuation includes an assessment of a rental value.”
“To practice as a registered valuer an individual has attained tertiary education qualifications and work experience to be competent to practice as well as being of good fame and character. Where a valuation is undertaken for a financial decision, a legal or statutory requirement by any person, company, or enterprise not registered as a valuer this will be in contravention of the VRA.”
“An appraisal, on the other hand, provides a broad estimate of the potential sale price or rent applicable to a property. It is standard practice for a real estate agent to provide an estimate of the sale price or rent applicable to a property to provide information to buyers, sellers, and tenants. This is not a property valuation and cannot be relied upon as a basis for a financial decision, legal or statutory requirement.”
Source: vrbq.qld.gov.au