Principles and Practice of Property Valuation in Australia  book cover
3rd Edition

Principles and Practice of Property Valuation in Australia

Edited By

David Parker

ISBN 9780367503413
Published October 1, 2021 by Routledge
294 Pages 16 B/W Illustrations

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Book Description

This book provides a clear outline of the key principles underlying property valuation and the current techniques and issues in the practice of valuation for the major sectors of the Australian real estate market.

Formerly titled Valuation Principles and Practice, this entirely new third edition comprises Australia's leading advanced valuation textbook. The first part of the book, Principles of valuation, comprises chapters written by globally recognised academics and specialists on the principles of law, economics, planning, policy and finance, all in the context of property valuation. The second part of the book, Practice of valuation, comprises chapters written by acknowledged expert valuers on the practice of valuation for key property sectors including residential, retail, commercial, industrial, leisure and rural. Further, chapters also cover valuations for purposes including lending, insurance, rating, taxation and financial reporting.

The most up to date valuation text for the Australian market, this book will appeal to both valuation practitioners and undergraduate/postgraduate students as well as to accountants, lawyers and professionals dealing with property valuation issues.

Table of Contents

Part 1: Principles    

1.Legal principles

Garrick Small

2. Economic principles

Colin Lizieri 

3. Planning principles

Nigel Flannigan

4. Policy principles

Nicki Hutley

5. Finance principles

David Rees

6. Valuation principles

David Parker

Part 2: Practice       

Section 1. Valuation practice for conventional property sectors    

7. Residential property valuation

Damian Kininmonth

8. Office property valuation

Peter Dempsey 

9. Retail property valuation

Bernie Sweeney

10. Industrial property valuation

Ryan Korda

11. Rural property valuation       

Section 2. Valuation practice for specialist property sectors    

12. Retirement and aged care property valuation

Lois Towart

13. Leisure property valuation

Robert McIntosh and Wesley Milsom

14. Plant and equipment valuation

Greg Rowe and Roy Farthing

15. Business and intangible asset valuation

Wayne Lonergan

Section 3. Valuation practice for specific purposes

16. Valuation for rental purposes

Greg Preston

17. Valuation for financial reporting purposes

Richard Stewart 

18. Valuation for secured lending purposes

Ross Turner

19. Valuation for insurance purposes

Cameron Dunsford, Mark Klenke, Ashley Grant

20. Valuation for statutory purposes

David Parker

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Dr David Parker is an internationally recognised real estate industry expert and highly regarded real estate academic (, and editor of the Routledge REITs Research Handbook (2019). He is a regular contributor to property and valuation academic journals, a Visiting Professor at the Henley Business School, University of Reading and a Visiting Fellow at the University of Ulster.