If you’re selling, gifting, or transferring property in Australia, you may be liable to pay Capital Gains Tax (CGT). The amount of tax payable is based on the difference between the original purchase price (or cost base) and the value of the property at the time of the CGT event. In many cases particularly for properties acquired before 1985, inherited, gifted, or transferred between related parties an independent market valuation is required to establish the property’s value at the relevant date.
At Sydney Property Valuers, we provide accurate, evidence-based CGT valuations for residential, commercial, industrial, and rural property throughout New South Wales. Our reports are prepared by Certified Practising Valuers (CPV) in accordance with Australian Valuation Standards and accepted by the Australian Taxation Office (ATO) and accounting professionals.
Where property transactions also involve GST requirements, our GST valuation service provides independent valuation support.
Our valuations are carried out by API accredited professionals, ensuring accuracy, compliance, and recognition by the ATO and financial professionals.
A CGT valuation determines the market value of a property at the time of a capital gains tax event such as a sale, transfer, or change of use. This valuation helps calculate the taxable gain or loss.
You need a CGT valuation when you dispose of a property or asset where the original purchase price is unknown or needs to be substituted such as for inherited properties, transfers to family members, pre-1985 assets, or if the property was previously your main residence.
Yes, we specialise in retrospective valuations and can assess market value at a specific historical date using reliable data sources and market analysis from that time.
Absolutely. All of our reports comply with Australian Valuation Standards and are accepted by the ATO, accountants, and financial advisers as part of tax submissions.
To begin a CGT valuation, we’ll need the property address, the required valuation date, and any relevant documents such as contracts, titles, or historical records if available.
Sydney’s dynamic growth and strong economy have contributed to rising real estate prices in recent years.