Trustees of self managed super funds are required to regularly value their assets as part of ensuring compliance with current Australian super legislation. Assets must be valued according to the current market, based on objective and supportable data. The Australian Taxation Office (ATO) reviews these asset valuations regularly as part of their SMSF compliance monitoring. Asset valuation is a key component in preparing accurate SMSF financial reports, impacting on returns for members as well as on the performance of the SMSF sector as a whole. Property is required to be valued at market value every year by June 30, with an external valuation of all assets recommended at least every 3 years. The independent property valuers at Access Valuations in Sydney have extensive experience in market valuations, and can provide in-depth, expert valuations for both residential and commercial properties based on the current market.

To ensure that you receive an accurate property valuation for your self managed super fund financial report, we recommend engaging an experienced and certified property valuer. Licenced property valuers are bound to uphold a professional code of conduct, and their market valuation reports are governed by national and international valuation guidelines. The ATO also requires property valuations based on objective, supportable data. A formal valuation from a qualified and independent valuer will ensure that you receive the accurate market value of your property, and is compulsory if your asset is a commercial property leased to a related party. All the valuers at Access Valuations 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.