3rd Edition

Principles and Practice of Property Valuation in Australia

Edited By David Parker Copyright 2022
    294 Pages 16 B/W Illustrations
    by Routledge

    294 Pages 16 B/W Illustrations
    by Routledge

    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.

    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


    Dr David Parker is an internationally recognised real estate industry expert and highly regarded real estate academic (www.davidparker.com.au), 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.