3rd Edition
Principles and Practice of Property Valuation in Australia
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 principlesDavid Rees
6. Valuation principlesDavid Parker
Part 2: PracticeSection 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 valuationRyan 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 valuationRobert McIntosh and Wesley Milsom
14. Plant and equipment valuationGreg Rowe and Roy Farthing
15. Business and intangible asset valuationWayne Lonergan
Section 3. Valuation practice for specific purposes
16. Valuation for rental purposesGreg Preston
17. Valuation for financial reporting purposesRichard Stewart
18. Valuation for secured lending purposes
Ross Turner
19. Valuation for insurance purposesCameron Dunsford, Mark Klenke, Ashley Grant
20. Valuation for statutory purposesDavid Parker
Biography
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.