SMSF Valuations

SMSF Valuations

SMSF property valuations can be confusing. This is partly because there are no hard and fast rules. An external valuation of real property is not required each year, but the decision as to whether to seek an independent valuation should be at least reviewed every year. The valuation approach will be examined by the fund auditor each year.

A general rule of thumb is that it would appear reasonable to have an independent external valuation at least every 3 years.

In determining whether an external valuation is required more often the things to consider are:

  • The value of the property in proportion to the fund’s overall value.
  • significant changes in market conditions,
  • an event has that may have affected the value of the property such as a natural disaster.

A SMSF property valuation may be undertaken by anyone. From an auditor’s perspective, something from an independent party such as an independent valuer holds a lot more weight than something from a trustee of a SMSF.

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Landlink Valuations are qualified and experienced property valuers who work with leading financial advisors to provide efficient, cost effective and comprehensive valuation reporting for SMSF.

A Landlink Valuation report can support the confidence needed to make decisions in regard to improving SMSF performance while mitigating investment risks. Landlink Valuations provide valuation advice and reporting across all property sectors, from retail, commercial, industrial and residential.

Get in touch with Landlink Valuations today. Our expert independent team can help you. By engaging Landlink Valuations, you can be assured your reporting will comply with the SMSF rules and Australian Tax Office (ATO) guidelines, and that you have the right market value no matter the property type, or location.

If you would like more information on how we can help you with your SMSF property valuations, you can contact us on 1300 520 121 or email us at info@landlinkvaluations.com.au

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