Using the Property Value Report Calculator

Before you use the property value report calculator, read through the below terms and their explanations to help you understand how these relate to the calculator.

Purchase price of the property

This is the amount of money you've spent on buying the property, including the deposit and principle of the loan.

Average Appreciation Percentage

This is the rate or the value growth that a property has. The rate can be highly dependent on factors like location. For example, Sydney has a higher average appreciation rate than other cities in Australia.

Appreciation Period

This is the number of years a property has been increasing from its original value

To use the property value calculator, simply enter the original value of the property, indicate the average appreciation percentage rate for your suburb/city, then enter the appreciation period.

Factors that Impact the Value of a Property

Whether you are planning to buy an investment property or a home to live in, it's important to understand the different factors that can affect a property’s value, even more so if you are planning on selling it later.

Below are some factors that can affect the value of a property:

Location of the property

One of the biggest and most important factors is the location. If a property is close to a CBD, has easy access to important landmarks such as shopping centers, hospitals and schools, they are often more expensive compared to properties located further away.

Size and features

The size of the property, how many bedrooms and bathrooms there are, and how big the land is are all factors that are likely to affect the value of a property. Many homeowners who are planning to sell their property often undertake renovations first in order to maximize the growth of their home value as it tends to be more profitable.

Public Transport Access

Proximity to a public transport can also affect a property's value. Homes that are close to train stations are likely to indicate a higher property value.

Renovation Capabilities

The renovation capabilities of a property can contribute to its attractiveness and thus its value. If a house possesses room for major improvement, it gives the owner a lot of flexibility to improve its quality, which can also increase it’s value.

Property Value Report FAQs

The four main methods of valuation for a property that a homeowner can use are value comparison, property profits, residual method for developmental lands, and investment method for the property's potential to generate income in the future.

Adding square footage to the property and renovating your house to provide more space in it can increase the overall home value. Aside from these, you can also renovate the kitchen and bathroom, and replace old doors and windows.

Some factors that can reduce the value of a property are close proximity to a cemetery, power plant, train line, or if the property is situated on a low-socio-economic area.

To prepare your house for a valuation you should make sure to fix any broken layouts such as windows and doors in general, check the energy efficiency and any issues on wirings, tidy up the bathroom and kitchen to make it look more presentable.

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Provider’s web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. Rates correct as of 6 March 2024.

^The addition of offset sub-account means your comparison rate will change.

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