Valuation

Discussion in 'Property Information Resources & Tools' started by Robbo03, 4th Mar, 2016.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Robbo03

    Robbo03 Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    82
    Location:
    Hobart
    Today I received our annual valuation notice from the Department of Natural Resources and Mines for a Brisbane investment property. It was $25k higher than the one done in 2014.

    Does this mean anything or is it simply for the council to increase our rates?

    Assuming it is no real indication of price increase as I'm doubting there has been any sales data used in the val, probably just some guy behind a desk pushing buttons.
     
    Robbo03, 4th Mar, 2016
    #1
  2. Bran

    Bran Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    3,626
    Location:
    At work
    This is the third thread on the same topic, and we discussed it last year (I remember posting the same question).

    Just saying :)
     
    Bran, 4th Mar, 2016
    #2
    Robbo03 likes this.
  3. Robbo03

    Robbo03 Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    82
    Location:
    Hobart
    Just saw the others! Thanks!

     
    Robbo03, 4th Mar, 2016
    #3
Self-Managed Super - Super your way

PFI can assist you with your investment strategies for your SMSF, Life Cover for your members and assistance with compliance. We provide the research to ensure your investment selections achieve the goals. This is the value of advice