Online Or In Person · Melbourne & Country Victoria
VICTORIA'S Strata Insurance Valuation Specialists
PROPERTIES & FEES

Melbourne owners corporation and strata valuation services

Insurance replacement cost assessments for residential, commercial and industrial schemes—from small unit groups to multi-storey complexes.

WHAT WE ASSESS

More than the cost of rebuilding

A reliable Melbourne building insurance valuation considers the complete cost of reinstating the insured property after a major loss.

Residential

From two-lot groups and townhouse developments to apartment buildings, we consider demolition, site clearance, service reinstatement, professional fees, buildings, ancillary improvements and common areas.

Commercial

Assessments for offices, strip shops and mixed-use developments reflect their construction, fit-for-purpose building services, common improvements and the practical costs of reconstruction.

Industrial

Valuations for warehouse and workshop groups consider specialised construction, contemporary service requirements, demolition, debris removal and full reinstatement.

Market value, purchase price and an indexed historical figure are not substitutes for a purpose-prepared strata insurance replacement cost valuation.
STRATA MANAGEMENT COMPANIES

Managed corporation valuation fees

Clear indicative fees for properties managed by an owners corporation management company. Complex properties and scopes outside these categories are quoted individually.

Property type Fee
Residential group: 1–20 units, single or double storey $440
Residential group: 21–50 units, single or double storey $770
Multi-storey complex with undercroft parking: up to 20 units $990
Commercial group: 1–10 units or strip shops $770
Industrial group: 1–10 small warehouses $770
PRIVATELY MANAGED CORPORATIONS

Private corporation valuation fees

Property type Fee
Residential group: 1–10 units, single or double storey $770
Residential group: 10–20 units, single or double storey $880
Multi-storey complex with undercroft parking: up to 20 units $1,100
Commercial group: 1–10 units or strip shops $990
Industrial group: 1–10 small warehouses $990
Desktop assessments: Desktop valuation reports may be available from $440 where sufficient current information is supplied and the method is appropriate.

Fees should be confirmed by written quotation and may vary where the property or scope falls outside the assumptions above.

DESKTOP ASSESSMENTS

Desktop valuation reports

A desktop assessment may be suitable where reliable current property information is available and the agreed scope does not require a site inspection.

We confirm whether a desktop approach is appropriate after reviewing the property, available plans and prior information. Where inspection is necessary for a reliable conclusion, we will explain the recommended scope before proceeding.

Every full report includes

Current insurance replacement cost assessment

Three additional projected annual values

Clear property and valuation assumptions

Professional independent reporting

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