Access Valuations are independent property valuers based in Sydney, specialising in the provision of property valuation reports for compulsory acquisitions. The team at Access Valuations can provide property valuation reports for both partial and full compulsory acquisition matters. Our valuers have extensive experience in the field of acquisition assessments and compensation valuations, including a detailed understanding of the NSW Land Acquisitions (Just Terms Compensation) Act of 1991. Our aim is to work on behalf of our Sydney clients to maximise their compensation results, providing a professional and reliable house valuations service with a short turn around period.

Compulsory acquisition refers to the process whereby the NSW government acquires privately owned land for public purposes. This could involve the acquisition of the entire property, part of the property, or an interest in the property. In most cases, privately owned land is acquired by negotiation and agreement between the landowner and the government, also called the acquiring authority. When the landowner and the acquiring authority are unable to successfully negotiate the purchase, an independent property valuation is required to determine the market value of the property. This valuation report includes the amount recommended for compensation, how this amount was determined, and addresses any valuation issues raised by either the landowner or acquiring authority during the acquisition process. Different types of compensation are available to the landowner in this situation, and may include the market value, removalist costs, stamp duty on new properties, and legal and valuation costs.

To ensure that you receive the maximum amount of compensation possible for your situation, it is essential to obtain a property valuation report from a licensed valuer. All the property valuers at Access Valuations in Sydney are members of the Australian Property Institute (API), the leading national membership organisation for property professionals. API members are renowned for being impartial, objective and independent. In addition, our valuers participate in continual professional development to maintain high standards of domain expertise. Some compulsory acquisition compensation matters Access Valuations have worked on in the past include the Parramatta to Liverpool Busway, the Blacktown to Castle Hill Busway, the North Western Railway, the South Western Railway and the Parramatta to Rouse Hill Busway.