Real Estate Valuation Services in Australia - Industry Market Research Report

Disinterest: Rising interest rates have reduced demand for valuation services

Real Estate Valuation Services in Australia

Real estate valuation involves an independent, unbiased valuation of a residential or commercial property. Industry operators perform valuations that have legal standing for the purpose of issuing mortgages, assessing insurance claims and negotiating lease agreements. Appraisals provided by real estate agents and property advisors are not included in the industry, as they usually do not have a legal standing.

Industry operators specialise in estimating the fair market value of real estate. Valuers research a property or development to determine the characteristics pertinent to its market value. Property valuations are typically carried out when a property is sold, mortgaged, taxed, insured or developed.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.