Getting a property valuation can be a turning point in your financial journey—whether you’re refinancing, selling, investing, or planning your next move. But how do you prepare for the valuation process, and what can you do to ensure the report reflects your property’s true potential?
This checklist will help you understand what valuers look for, how to get ready, and what to expect from start to finish.
What Is a Property Valuation?
A property valuation is an independent, professional estimate of your property’s market value. It is usually prepared by a Certified Practising Valuer (CPV) and used for:
- Refinancing or applying for a mortgage
- Selling or buying a property
- Legal settlements (divorce, probate, disputes)
- Tax reporting (capital gains, land tax)
- Insurance or investment purposes
Valuation reports are legally recognised and more detailed than real estate appraisals.
Property Valuation Preparation Checklist
Here’s how to get your home valuation-ready:
Tidy the Interior and Exterior
- Vacuum, dust, and clean all living spaces
- Mow the lawn and tidy the garden
- Remove clutter from hallways, kitchen benches, and bathrooms
- Clean windows, mirrors, and glass doors
- Pressure-wash the driveway or outdoor areas if needed
Why? A clean and well-presented property makes a better impression and highlights quality finishes.
Fix Minor Repairs
- Patch holes or cracks in walls
- Replace broken fixtures or handles
- Ensure all lights, fans, and switches are working
- Repair leaking taps or visible water damage
- Test security systems and smoke alarms
Why? Even small issues can reduce the perceived condition of the home, which may influence the final valuation.
Gather Documentation
Have the following ready:
- Council-approved plans and renovation permits
- Strata fees and levies (if applicable)
- Details of recent upgrades (kitchen, bathroom, roofing, solar)
- Energy ratings, compliance certificates, or warranties
- Lease agreements if the property is tenanted
Why? Supporting evidence gives the valuer a full understanding of improvements and compliance.
List Property Features and Improvements
Make a quick list of key selling points, such as:
- Ducted air conditioning
- Solar power and battery systems
- Outdoor entertaining areas
- Home office or study space
- Granny flat or separate dwelling
- Recent pest or building inspections
Why? Valuers may not see everything, so it’s helpful to highlight features that improve value.
Ensure Full Access to All Areas
- Unlock garages, sheds, and side gates
- Open under-house access or loft areas
- Make sure tenants or family members are aware of the appointment
Why? Valuers need to inspect the entire property to produce an accurate report.
Understand What the Valuer Will Consider
Valuers assess more than just your property. They also review:
- Location and neighbourhood appeal
- Zoning, overlays, and development potential
- Comparable sales in your area
- Proximity to schools, parks, shops, and public transport
- Environmental risks (e.g. flooding, bushfire zones)
Why? Not all value is based on the home itself—location plays a major role.
What Happens After the Valuation?
Most reports are delivered within 2–5 business days and include:
- A summary of your property’s features and improvements
- Analysis of comparable recent sales
- Notes on condition, market trends, and risks
- Final market value estimate
- Valuation method used (e.g. direct comparison, summation)
How Much Does a Property Valuation Cost in Australia?
| Valuation Type | Estimated Cost (AUD) |
| Residential Home | $400 – $700 |
| Strata Apartment | $350 – $600 |
| Probate/Legal Report | $700 – $1,200 |
| Commercial/Industrial | $1,200 – $4,000+ |
Some valuations are covered by banks if part of a home loan application.
Conclusion
A property valuation is more than a formality—it’s an opportunity to showcase the full potential of your home. By following this checklist, you’ll make the process smoother, provide useful context to the valuer, and help ensure the result reflects your property’s true value.
Whether you’re in the suburbs of Brisbane, the backstreets of Melbourne, or a regional town, preparation is your best tool for valuation success.