Stamp Duty Property Valuation Process – Step by Step Guide
Navigating the stamp duty valuation process smoothly can save time and prevent costly mistakes. Whether you’re transferring residential or commercial property in Melbourne, Sydney, or other NSW/VIC regions, here is what to expect:
Step 1: Initial Enquiry and Consultation
Clarify the nature of your transaction: sale, gift, inheritance, SMSF, or other transfer. Discuss valuation needs, timelines, and any complexities.
Step 2: Documentation
Gather contracts, ownership paperwork, renovation records, and relevant pricing details.
Step 3: Property Inspection
A registered valuer will arrange a site visit or virtual inspection to assess the property’s condition and features.
Step 4: Market Analysis
The certified valuer compares recent sales, considers local market trends, and applies valuation methodologies suited to stamp duty law compliance.
Step 5: Report Preparation
Receive a comprehensive valuation report including market evidence, valuation rationale, and compliance certification accepted by revenue offices.
Step 6: Submission & Payment
Use the report to finalise stamp duty payments with Revenue NSW, SRO Victoria, or appropriate authority. Prompt submission prevents transfer delays.
Certified property valuers ensure your report meets all ATO and state government tax obligations, helping you avoid penalties and overpayments.
For a more detailed guide and help ordering, see our Stamp Duty Property Valuation Services Page.