South Australia’s Valuer-General is the State’s independent authority on property valuations responsible for the delivery of fair and equitable statutory valuations for all properties in the state in accordance with the Valuation of Land Act 1971.
Fair and accurate valuations for all South Australians
The Office of the Valuer-General assists the Valuer-General by providing regulatory oversight and management of services undertaken by Land Services SA.
Video: provides an informative overview of the valuation process
Video link: https://www.youtube.com/watch?v=erXHtNloTnI
Property Valuation Process Snapshot
The Valuer-General performs an annual General Valuation of the
market to determine individual property values.
Factors influencing property values:
Recent sales in the area
Location of the property
The building itself
- additions, renovations or alterations
External factors
including trends or nearby area rezonings
Factors influencing rural property values:
Recent sales in the area
Break up of land types,
use and yield
Property values affect taxes, levies and rates. These are set and managed by Local Council, SA Water and RevenueSA.
Office of the Valuer-General
https://www.valuergeneral.sa.gov.au
21 May 2022 6:38 am