Whenever there is a sale of a property or transfer of whole or part ownership from one party or entity to another, the State Revenue Office will require Stamp Duty to be paid. When this transaction does not occur on the open market by way of an arms length transaction, the State Revenue Office will request a property valuation report from a certified practising property valuer to ensure they receive the correct amount of stamp duty.
Melbourne Property Valuers Metro provides high quality property valuation reports at competitive rates. As well as this, all property valuation Melbourne reports from us are accepted at all statutory agencies and we have never had a report rejected.
All our property valuers are API qualified with over 15 years’ experience each, making them top of the industry and able to advise on all your stamp duty queries.
Stamp Duty property valuations are needed in situations such as:
- Transfer of ownership or part ownership from one person or entity to another
- When settling an estate
- When there is a sale of a property between family members or friends
- To transfer property to a Self Managed Super Fund (SMSF)
- For banks looking to assess Stamp Duty payable
By far the most common property valuation for Stamp Duty purposes is when the owner transfers their property to a family member. Usually the owner is gifting the property to their family member however, the State Revenue Office requires their slice of the transfer. We provide high quality services, in a timely fashion, to ensure a smooth transfer.
If you want to discuss a property valuation Melbourne report requirement, or if you wish to generally enquire further, please contact us today on (03) 9021 2007 for a free quote or fill out an online enquiry form. We won’t be beaten on price or service!