Source: Cotality Australia's rental market is seeing renewed strength as national vacancy rates reach a new record-low, according to Cotality's latest Quarterly Rental Review. Cotality’s seasonally adjusted Rental Value Index saw national dwelling rents post a 1.4% rise in Q3, its largest three-month increase since June 2024, and a significant uptick from the 1.1% lift recorded in Q2. This reacceleration was also apparent in the annual trend, with the 4.3% increase in rents s...

Source: Landers & Rogers Land Valuation - The High Court sets down its interpretation of "improvements" when assessing site value In Valuer-General Victoria v WSTI Properties 490 SKR Pty Ltd [2025] HCA 23, the High Court of Australia clarifies what constitutes an "improvement" when assessing site value under the Valuation of Land Act 1960 (VLA). The case concerned the valuation of a heritage listed property at 490 St Kilda Road and whether the ex...

Source: AVAA The Australian Taxation Office (ATO) has recently updated its guidance on the market valuation of assets, reinforcing the importance of objective, supportable, and well-documented valuation practices. The advice is significant for AVAA Certified Practising Valuers as it provides advice to taxpayers on when a valuation is required, what must be included in a report, and the expectations placed on professional valuers. That ATO update underscores the central role that ...

Source: REIQ Prices continued to rise across Queensland’s residential property markets in the June 2025 quarter (April – June 2025) with sustained growth redefining ‘entry level’ properties. The latest median sales results released by the Real Estate Institute of Queensland (REIQ) show statewide median sales prices for houses rose 3.66% to $850,000, and similarly, units lifted 3.41% to $698,000 over the quarter. As an upcoming Olympic City, Brisbane’s quarterl...

Source: AVAA The Auctioneers and Valuers Association of Australia (AVAA), a proudly member-driven organisation, confirmed its Board of Directors at the Annual General Meeting on 11 September 2025 to lead delivery of the 2025–30 AVAA Strategic Plan. The continuing AVAA National President is Tim Slattery, Co-Managing Director and co-owner of Slattery Auctions and Valuations.  With extensive industry experience and national operations across Australia, Tim provides in...

Source: IVSC Introduction
Although technology has been used in valuations for decades, recent advances may profoundly affect how valuations are performed and reported.
The IVSC recognises that technology continues to evolve and is increasingly influencing valuation practice. As with all developments that have the potential to shape or impact the valuation profession, the IVSC actively monitors advancements in this area. Our commitment remains to support professional valuers by helping th...

Source: AVAA (Auctioneers and Valuers Association of Australia) The AVAA recognises the growing integration of Artificial Intelligence (AI), including generative AI tools, into the valuation profession. While these technologies have the potential to support valuers in research, analysis, and report drafting, their use must remain consistent with professional responsibilities, ethical obligations, and the principles set out in the International Valuation Standards (IVS). Under IVS Framework ...

Source: Courier Mail  Brisbane has begun overtaking its southern rivals but innovation will be vital to housing and moving its growing population, a "smart" cities conference has heard.  The Brisvegas economy was set to grow up to 40 per cent in the coming decade and by a whopping 70 per cent in the next 20 years according to Peter Hyland, director of prominent urban consultancy Urbis.  The population would increase by 1.2m in the coming decade and the Olympics was...

Source: Cotality In May this year, the median house value across Brisbane surpassed $1 million for the first time on record – pushing the city into the exclusive million-dollar club alongside Sydney.The median house value hit $1,006,000 in May, up from$996,000 in the previous month and $942,000 a year prior. In June, house values continued to move higher, with the median lifting to $1,011,000. June also marked the ninth consecutive month that Brisbane was the second-highest house mar...

Source: CoreLogic Australian housing values rose by 0.6% in June, marking a fifth straight month of growth following the -0.3% dip seen between November and January. Monthly gains were recorded across almost every broad region of Australia, with Hobart (-0.2%), the only capital city or rest-of-state region to see a month-on-month fall. The June quarter saw national home values rise by 1.4%, following a 0.9% lift through the first quarter of the year and a -0.1% decline in Q4 last year. ...