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Above Renmark Property Valuations

reliable property valuations across Australia

Welcome to Above Renmark Property Valuations

We provide professional and reliable property valuations across Australia. Our experienced team of qualified valuers understand the intricacies of the local property market, enabling us to deliver accurate and dependable valuations you can trust.
Whether you’re buying, selling, inheriting, dividing property assets or needing a valuation for any other purpose, we can help. Our valuations adhere to industry regulations and ethical standards, giving you complete peace of mind.
At Above Renmark Property Valuations we utilise the latest valuation methodologies as well as in-depth local knowledge. We aim to make the valuation process smooth and stress-free for our clients.

Types of valuations we provide:

Market valuations for sale or purchase

Mortgage valuations for refinancing or loans

Insurance valuations for rebuilding costs

Rates objections - ensure you're not overpaying council rates

Capital gains tax and asset valuations

Deceased estate valuations

Family law asset valuations for separation and divorce

Contact us today to arrange an obligation-free quote on your property valuation needs.

Latest Blog Posts

Guide to Disputing Mortgage Valuations

Navigating the Waters of Low Mortgage Valuations: A How-To Guide for Homeowners

Receiving a mortgage valuation that’s lower than expected can be a significant setback for homeowners looking to refinance or purchase a property. This comprehensive guide explores the avenues available for challenging a lender’s undervalued mortgage security assessment.

Understanding Mortgage Valuations

Mortgage valuations are conducted by lenders to assess the value of a property being used as security against a loan. This valuation may not always reflect the market value or the price agreed upon for a purchase, leading to potential issues in loan approval or refinancing terms.

Reasons for Low Valuations

Several factors can contribute to a property being undervalued, including:

  • Market Fluctuations: Rapid changes in the real estate market can affect valuations.
  • Comparative Sales: Limited or inappropriate comparable sales data can skew the valuation.
  • Property Condition: Overlooked improvements or maintenance issues can impact the assessment.

Strategies to Challenge Mortgage Valuations

When faced with a low valuation, homeowners have several options to challenge and potentially overturn the lender’s assessment.

Request a Review

The first step should be to request a review of the valuation. This involves:

  • Providing Additional Information: Submit evidence of recent comparable sales, property improvements, and any other relevant data that was possibly overlooked.
  • Seeking a Second Opinion: If the lender permits, arranging for an independent valuation by another accredited professional can provide a different perspective on the property’s value.

Consider Alternative Financing

If challenging the valuation with the current lender doesn’t yield the desired outcome, exploring alternative financing options is a viable route. Other lenders may have different valuation processes or be willing to accept an independent appraisal.

Preparing for a Valuation Dispute

To effectively dispute a valuation, preparation is key. This involves gathering comprehensive evidence and understanding the market.

  • Compile Property Records: Gather all documentation related to property improvements, maintenance, and any other factors that contribute to its value.
  • Research Comparable Sales: Identify recent sales of similar properties in your area that support your valuation expectations.
  • Professional Appraisals: Consider hiring a professional appraiser to provide a detailed report that can support your dispute.


Challenging a low mortgage valuation can be a daunting process, but with the right preparation and understanding of your options, it’s possible to achieve a more favourable outcome. Whether it’s through requesting a review, providing additional evidence, or seeking alternative financing, homeowners have several strategies at their disposal to contest an undervalued mortgage security assessment. Taking proactive steps to dispute a valuation not only helps in securing better financing terms but also ensures that your property is accurately represented and valued in the eyes of lenders.

Impact of global and national economic movements on Sydney's property valuation trends

The Impact of Economic Trends on Sydney Property Valuations

Navigating the Influence of Economic Trends on Sydney’s Real Estate Values

Sydney’s property market, a significant player in the Australian real estate scene, is intricately linked to both global and national economic movements. Understanding the impact of these economic trends on property valuation in Sydney is crucial for investors, homeowners, and market analysts.

Deciphering the Relationship Between Economy and Property Valuations

The property market doesn’t exist in a vacuum. It’s influenced by a myriad of economic factors ranging from interest rates to global trade patterns.

Key Economic Trends Influencing Sydney’s Property Values

1. Interest Rate Fluctuations

Interest rates play a pivotal role in property valuation Sydney. Lower interest rates tend to increase property demand, pushing up values, while higher rates can lead to a cooling of the market.

2. Employment and Income Levels

The strength of the job market and overall income levels within Sydney directly impact the purchasing power of potential homebuyers, influencing property values.

3. Population Growth and Migration Patterns

Sydney’s status as a desirable destination for both international and domestic migrants boosts demand for housing, impacting property valuations.

4. Global Economic Conditions

International economic trends, including foreign investment patterns and global financial crises, can have a significant impact on Sydney’s property market.

5. Government Policies and Incentives

Policies related to property ownership, such as stamp duty concessions or first-home buyer incentives, can influence market dynamics and property valuations.

  • Monitoring interest rates for potential market shifts.
  • Keeping an eye on employment trends and population growth for demand indicators.
  • Staying informed about global economic conditions and local government policies.

Understanding the Sydney Market’s Response to Economic Changes

Market Resilience and Adaptability

Sydney’s property market has shown resilience and adaptability in response to economic shifts. The city’s robust economy and status as a financial hub contribute to this resilience.

Regional Variations Within Sydney

Economic impacts can vary across different regions of Sydney. Some areas may be more sensitive to certain economic trends than others, affecting local property values differently.

Preparing for Economic Influences on Property Investments

For those involved in the Sydney property market, understanding these economic correlations is essential. By keeping a pulse on both local and global economic trends, stakeholders can make more informed decisions, anticipate market shifts, and optimise their property investment strategies. The dynamic nature of Sydney’s property market, influenced by an array of economic factors, underscores the need for a nuanced and informed approach to property valuation and investment.

Melbourne Commercial Properties

Understanding CBD vs Suburban Commercial Rental Values

In Melbourne’s vibrant property market, understanding how location influences commercial rental values is crucial for both investors and business owners. This article dives deep into the contrasts between CBD commercial value and suburban commercial value, focusing on foot traffic and amenities as key determining factors.

The Tale of Two Locales: CBD vs Suburbs

Central Business District (CBD)

The CBD is the commercial and financial heart of Melbourne, bustling with high foot traffic, premium office spaces, and a wide range of retail outlets.


Suburban areas offer a more relaxed environment and are often home to local businesses, smaller office spaces, and community-oriented retail shops.

How Foot Traffic Influences Commercial Value

CBD Commercial Value

High foot traffic in CBD areas can significantly inflate commercial rental property values. The constant influx of people creates an environment ripe for retail and other customer-facing businesses.

Suburban Commercial Value

Suburban areas usually have lower foot traffic compared to CBD areas. While this could mean lower rental costs, it also might translate to less exposure for retail businesses.

Role of Amenities in Rental Value

Amenities in the CBD

From public transport to high-end restaurants, the CBD offers a plethora of amenities that can boost a property’s commercial value.

Amenities in the Suburbs

While suburban areas might not boast the same level of amenities as the CBD, local facilities like community centres and parks can still add value to commercial properties.

Pros and Cons: A Quick Overview

  • CBD Commercial Value: High foot traffic, more amenities, but often at a premium price.
  • Suburban Commercial Value: Lower costs, community-oriented, but may have less foot traffic and fewer amenities.

Case Studies: Melbourne Commercial Rental Values

CBD Office Space

Prime CBD locations in Melbourne have seen a steady increase in rental values, owing to high demand and limited supply.

Suburban Retail Outlet

Certain Melbourne suburbs have experienced a rise in commercial rental values, thanks to growing communities and increased local spending.

Choosing the Right Location for Your Business

CBD Commercial Space

If your business thrives on high foot traffic and access to numerous amenities, a CBD location might be worth the higher rental value.

Suburban Commercial Space

If a community-focused business model appeals to you, then the suburbs with their relatively lower rental costs could be an ideal fit.

By comparing CBD and suburban commercial rental values in Melbourne, you can make an informed decision tailored to your business’s unique needs and financial considerations.

Melbourne city skyline and property valuation report on a desk

Property Valuation in Melbourne – A Detailed Overview

A property valuation is an assessment of a property’s market value at a specific point in time. It is carried out by a qualified valuer and provides an estimate of the price a property could sell for on the open real estate market.

Property valuations are commonly performed when buying or selling a property, securing a mortgage, settling an estate, or determining capital gains tax liability. The valuation figure sets a benchmark for property negotiations and provides helpful guidance around pricing.

There are several methodologies valuers use to assess residential and commercial properties including the direct comparison, income capitalisation and cost approach. The method chosen depends on the property characteristics, intended use and available data.

The Melbourne Property Market

Melbourne is Australia’s second largest city and has a diverse, multicultural population of over 5 million people. It is recognised as the nation’s cultural capital and is renowned for its premium coffee culture, street art laneways, parks and gardens, and major sports events.

The Melbourne property market has experienced strong growth over the past decade driven by population expansion, record low interest rates, and high demand from local and foreign investors. Median house prices across Melbourne surpassed $1 million in late 2021 after rising by over 90% in just ten years.

However, the market has cooled over the past year in the face of rising interest rates, inflation and economic uncertainty. Property values fell by around 5% in 2022 as buyer demand weakened. The inner-city apartment market has been the most affected by declines in rental yields and overseas migration.

Why Property Valuations Are Important in Melbourne

With Melbourne home prices having risen sharply in recent years, obtaining an independent property valuation is crucial when transacting. Valuations help buyers avoid over-paying and guide sellers around reasonable asking prices in the current market.

For sellers, a valuation indicates your potential sale price and assists in setting a competitive price range for marketing. For buyers, valuations give you negotiation power and insight into the true market value of a property.

When financing, bank valuations ensure you don’t borrow more than a property is worth. Given Melbourne’s market shifts, valuations protect all parties from lending more than the current value.