Valuations across inner Melbourne
Inner Melbourne has some of the widest variety of property in the state. A single street can include a Victorian terrace, a converted factory, a shop with a flat above and a new apartment block. Tom Nagy values residential, commercial and mixed-use property across the CBD, Southbank, Docklands, Richmond, South Yarra, Prahran, Fitzroy, Collingwood, Carlton and Brunswick.
High-rise apartments in the CBD, Southbank and Docklands
Apartments look easy to compare, but details drive value. Two units in the same tower can differ because of floor level, outlook, layout, balcony size, car parking and storage. Small studio and serviced apartments can also have a narrower pool of buyers and lenders than larger units.
Building-wide issues matter too. Combustible cladding, waterproofing problems or major repair works can affect buyers' views of every apartment in a building. A valuer needs to know about these matters and consider how the market is treating them.
Terraces, workers' cottages and conversions
In Fitzroy, Collingwood, Carlton, Richmond and Brunswick, narrow-fronted terraces and cottages sit beside warehouse conversions and new townhouses. Land is often small and irregular. Heritage overlays are common in older streets. Rear-lane access, parking and light can make a real difference to value, and no two conversions are quite alike.
Historic and institutional buildings
Tom's experience includes valuing historic buildings of the University of Melbourne. Older and unusual buildings need careful research into comparable evidence, and sometimes a different method of valuation.
Common reasons for a valuation here
- SMSF valuations for investment apartments held in a super fund
- Pre-sale or pre-purchase valuations before you commit to a price
- Commercial and industrial valuations for shops, offices and mixed-use buildings
- Capital gains tax, stamp duty and family law matters
If you are unsure whether you need a desktop, kerbside or full inspection report, see which valuation do you need.
Talk to Tom
Call Tom on 0407 835 388 or send an enquiry with the address and the purpose of the valuation.
Common questions
How is an apartment in a large tower valued?
The valuer looks at recent sales in the same building first, then similar buildings nearby. Floor level, aspect, views, car parking, storage and the size of internal and balcony areas all matter. Known building issues and owners corporation matters can also affect value, so tell Tom about anything you are aware of when you enquire.
Can I get a kerbside valuation for an apartment?
A kerbside valuation relies on an external inspection, which gives limited information for an apartment high in a tower. Whether it suits depends on the purpose and who will rely on the report. Call Tom before booking and he can explain whether a kerbside or full inspection is the better choice.
Do you value shops and mixed-use buildings in the inner city?
Yes. Shopfronts with residences above, small offices and other commercial property are valued as commercial and industrial valuations, which use a long-form report with a 7-day turnaround. Pricing starts from $975 + GST. Contact Tom to discuss the property and the purpose of the valuation.