West Coast Valuers in Perth, Western Australia | Property appraisal

West Coast Valuers

Locality: Perth, Western Australia

Phone: +61 8 6245 2131

Address: 83/251 Adelaide Terrace 6000 Perth, WA, Australia

Website: https://www.westcoastvaluers.com.au

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25.01.2022 Buying and selling properties between relatives can often be a complicated process, consisting of many legal and regulatory requirements to satisfy the relevant channels, including the Office of State Revenue. We provide accurate and timely property valuation reports to cater for all of your related party transfer needs. Having our own independent and certified team of property valuers handling these related party transfer property valuations ensures accuracy and time frame adherence.

21.01.2022 A retrospective or back dated valuation is based on the market conditions at a certain point in time. The value of a property at a certain point in time is based on the market in the subject suburb, the condition of the property at that time, comparable sales in the area, the accommodation, and the zoning of the property. We can provide retrospective or back dated valuation reports for as far back as 1980 thanks to our huge database of properties valued over our years of service and our access to Australia’s largest property database linked directly to the Valuer General.

19.01.2022 Stamp duty is the name of the tax payable upon transfer of ownership of an asset between two or more parties. When there is a transfer of ownership in a property the office of state revenue requires a stamp valuation report, which must be conducted by a registered property valuer. Stamp duty is an expensive tax! Therefore, an accurate valuation is paramount to make sure you do not pay more tax than you need to. We conduct stamp duty valuations for a host of clients including solicitors, conveyancers and company and trust entities.

19.01.2022 Internal Accounting valuations are helpful for a number of reasons including - Assessing where your position is financially (eg. Your debt to equity ratio); Assisting in your decisions as to whether to sell, access equity and refinance, or retain the property to rent; and For personal interest. We will ensure that we maintain total confidentiality and accuracy in all our property valuation work.

18.01.2022 Upon the passing of a loved one, the assets of an estate must be dealt with appropriately and with care and transparency. Deceased estates and probate property settlements can often cause disagreements amongst beneficiaries. Such properties are often targeted by opportunists during what is commonly a time of grief for the parties involved. Often it is not until months or even years later that the beneficiaries may learn the true value of the property. Fortunately probate valu...ations can be backdated to ‘date of death’ for those that feel an injustice has been done. Our valuers can confirm fair market value at a specific date. Our valuers understand the emotional nature of the disposal of an estate and act with compassion, transparency, and integrity, and we pride ourselves on our exceptional customer service, for which we have been noticeably recommended for. See more

14.01.2022 On the advice of your accountant or ATO, superannuation fund valuations are becoming more commonly used as a tax strategy and our Commercial & Industrial valuation specialists and can provide professional advice and service regarding a wide range of properties. As we are fast approaching the end of financial year there has never been a better time to have your Superannuation Fund property valued. It is important to note that SMSF properties need to be valued every three years for the purpose of remaining complaint. If you require a valuation for Superannuation Fund compliance purposes or would like to understand your Superannuation Fund properties value, please contact our team to arrange an internal or contact free inspection at your property.

13.01.2022 With Scott Morrison announcing the $25,000 home builder grant there is no better time to buy a new home or renovate your house. If you feel your property is sitting around that $1.5m mark and you are unsure if you will be eligible for the grant, a certified property valuation is the place to start. Our valuers have seen a downturn in the market over the past few months due to the global shutdown and this is being reflected in our market commentary as well as the valuation figure. Do not miss the opportunity to extend, rebuild or renovate.

13.01.2022 Compensation Valuations are needed to provide an owner of a premises the accurate figure of compensation they are owed for reasons such as; incorrect boundaries on land, acquisition of a property, acquisition of a portion of a property, infrastructure on land e.g. power lines tower, obstruction of outlook or use of a property and expansion of roads and infrastructure. The benefit of a certified compensation valuation report is that all parties feel secure in the knowledge that the matter is being treated fairly as the opinion of value is from an unbiased third party. We always suggest to our clients that all parties instruct to have their own certified valuation completed in any legal matter, ensuring the best outcome for everyone

13.01.2022 Did your suburb make the list? Check out the list with 46 new million-dollar suburbs despite the global health pandemic and economic recession.

10.01.2022 Have you recently updated your asset register? You will most likely need to have a current market value on the assets you or your business own. It is currently a statutory requirement for all Strata Schemes to obtain a valuation for insurance purposes by a Registered Valuer once every 5 years. Good strata managers recommend that a Building Insurance Valuation be obtained at least every 3 years and is some cases each year. This protects against potential loss from under-insurance. We consider that the best solution is to have an annual inspection by a Registered Valuer to ensure that your sum insured keeps up to date with the market changes in building costs.

08.01.2022 What does the 'September Slope' means for the property market? Have a quick read below

02.01.2022 We provide Unit Entitlements for private and corporate developers as well as surveyors involved in the subdivision of land and the creation of Strata Plans. Our API certified valuers provide unit entitlement valuations on all manner of residential, commercial, industrial, and mixed used developments, ranging from small strata lots of 2 units to multi-level development complexes. The turnaround to receive a unit entitlement report is 3-4 business days for residential units and 4-5 business days for commercial units. Unit Entitlement valuations are completed on new strata plans, strata plans of subdivision and reallocation of an existing unit entitlement. Our expert valuers will work out the value of each unit on the strata plan, the common areas and carparks, and allocate entitlement as per the aggregate.

01.01.2022 You may need a rental determination on a property if you are a tenant or an owner. Paying or receiving the correct amount of rent for a property is essential and must be monitored every few years to ensure there is no under or over valuing of the lease. Our API certified valuer will base the rental determination on the condition of the premises, the location, zoning, and size of the premises and compare it with comparable rental evidence for similar type premises in the surrounding area. We are always happy to explain the process and requirements, and our experienced support staff are here to answer any questions you may have.

01.01.2022 For an investor ready to get serious about building a property portfolio, small residential developments are certainly a great place to start. Duplexes or dual occupancy properties are cost-effective, increase passive income, release immediate equity and build wealth over the long term. Our top tips for developers to keep handy when looking for potential sites are; drainage access, large trees, low powerlines, neighbourhood effect, zoning and frontage. Using these tips as a guideline will save you time when searching for the ideal side and potentially save you thousand of dollars. Be informed and do not purchase the wrong site!