Plant and Equipment Valuation Australia

A plant and equipment valuation is a professional assessment of the market value, fair value, or replacement cost of tangible assets other than real property. This includes manufacturing machinery, production lines, vehicles and mobile plant, IT infrastructure, medical and scientific equipment, hospitality fitouts, and any other fixed or moveable assets used in the operation of a business.

Our valuers assess each item's age, condition, remaining useful life, maintenance history, technological obsolescence, and current market demand. Depending on the purpose of the valuation, we apply the appropriate basis of value: market value for sale or acquisition, fair value under AASB 13 for financial reporting, or insurable value for insurance placement. Depreciation is calculated using accepted methods including straight-line, diminishing value, and units of production where relevant.

Plant and equipment valuations are commonly required for financial reporting, insurance, asset acquisition or disposal, lease negotiations, tax depreciation schedules, and insolvency proceedings. All reports are prepared in accordance with RICS Red Book Global Standards and, where applicable, Australian Accounting Standards Board (AASB) requirements. Our valuers have experience across a broad range of industries, from mining and manufacturing to healthcare and hospitality.