Retrospective Property Valuation Australia

A retrospective valuation determines the market value of a property at a specific date in the past. Unlike a current market valuation, which assesses value as at today's date, a retrospective valuation requires the valuer to reconstruct market conditions as they existed at the historical valuation date, disregarding any events, sales, or market movements that occurred after that date.

Retrospective valuations are commonly required for capital gains tax calculations where the cost base must be established at the date of acquisition, deceased estate matters requiring a date-of-death valuation, family law proceedings referencing a specific separation date, insurance claims assessing value at the date of loss, and historical assessments for legal disputes or compliance purposes. The Australian Taxation Office accepts retrospective valuations prepared by qualified valuers for CGT purposes.

Landmark Valuations draws on historical sales data, archived market records, planning scheme histories, and contemporaneous market commentary to establish defensible values at past dates. Every retrospective report complies with RICS Red Book requirements, which include specific provisions for valuations at a date other than the current date. Our reports are accepted by the ATO, all Australian courts, and legal practitioners nationwide.