Experts in Property Valuation, ACT
Providing independent property advice in commercial, residential, development and specialised sectors
Owned and operated by Canberra local Khurram Siddiqui, PRP ACT provides expert property valuation services across a diverse range of asset classes, including Residential, Industrial, and Commercial properties.
Some of our ACT specialties include:
• Student Accommodation, Motels, Hotels, Resorts, Hostels & Serviced Apartments
• Car Parks
• Child Care Centres
• Churches & Religious Buildings
• Commercial Office Towers
• Fast Food Outlets
• Function Centres
• Golf Courses
• Medical Centres
• Schools
• Self-Storage
• Specialist Retail — Pharmacy & Restaurants
Whatever your property needs, PRP ACT has you covered.
Preston Rowe Paterson ACT would like to acknowledge the Wiradjuri and Ngambri People of the Ngunnawal Nation, the Traditional Custodians of the lands on which we work and deliver our services. We pay our respects to all Elders, past and present, and extend that respect to all Aboriginal and Torres Strait Islander peoples and their ongoing connection to culture, land, air, waterways and seas.
“We know that people make the difference.”
So we only engage the best professionals who are committed to delivering a superior service. Our aim is to always provide superior property advisory services, consulting and valuations, as well as property market and economic research to assist our clients to make better property decisions.
Our professional property consultants are members of the Australian Property Institute.
Request a Quote
Featured Services
We provide valuation, analytics, and consultancy services for all forms of real estate including but not limited to residential, commercial, development, government and specialised property assets.
Other Services
- Mortgage Services
- Expert Witness Services
- Family Law Services
- Taxation Services
- Government and Statutory Services
- Insurance and Depreciation Services
Mortgage Services
- Mortgage valuations of existing & proposed real estate
- Desktop assessments based on local knowledge
- Mortgage valuations of development sites including group dwelling, multiple dwelling and land subdivisions
- Building progress inspections
- Mortgagee in possession valuations
- Bank and financial institution valuation panel appointments
- Valuation aggregator panel appointments (VALEX and VALOCITY) – B2B Connectivity
Expert Witness Services
- Rental valuations and determinations
- Family law matters
- Taxation and rating objections
- Compensation and resumption matters (Land Acquisition (Just Terms Compensation) Act 1991)
- Deceased estates
- Specialist litigation support
Family Law Services
- Portfolio assessment and valuation
- Historical valuations (date of cohabitation)
- PRP Senior valuers are experienced in acting as Single Expert Witness or Shadow expert
- All valuation reports are in compliance with the Family Law Act 1975, Family Law Rules 2004 (Single Expert), Federal Circuit Court Rules 2021 (Court Expert), Common law and Practice directions of the Family Court and Federal Circuit Court
Taxation Services
- Capital gains tax valuations
- Land tax reviews
- Valuations for superannuation fund compliance
- Stamp duty valuations
- Tax depreciation schedules (compliant with ATO requirements)
Government and Statutory Services
- Advice for property acquisitions and disposal including compensation for easement rights
- Project feasibility analysis
- Public and open space contributions
- Asset and financial reporting valuations
- Leasing and rental review
- Heritage and specialised asset valuations
- Property portfolio analysis
- Compulsory acquisition (resumption) and compensation valuations including reports undertaken in accordance with the Land Acquisition (Just Terms Compensation) Act 1991
Insurance and Depreciation Services
- Insurance replacement cost valuations for residential, commercial, government and specialised assets
- Strata Insurance replacement cost valuations
- Depreciation schedules for taxation purposes
PRP ACT Director
Director
Khurram is a seasoned professional in the Valuation and Property industry, with a career spanning over 25 years. His extensive experience covers metropolitan, regional, and remote areas across Australia.
Khurram’s expertise is both diverse and comprehensive, encompassing Residential and Rural Residential properties, Development Properties, and Small-Scale Commercial Properties. His transactional experience includes sales, rentals, and building replacement insurance, complemented by strong proficiency in leasing, construction, and property development — serving a wide range of sectors including mortgage security, government, and private enterprises.
With a deep understanding of the Valuation and Finance industries, Khurram combines industry knowledge with a hands-on approach that has positioned him as a trusted expert in handling complex property transactions and development projects.
FAQs
An independent property valuation is a comprehensive legal report provided by a qualified, independent licensed valuer recognised by the court of law. The report determines a property’s market or rental value for lawful purposes like refinancing, mortgage, capital gains tax, and other specialised valuation requirements.
What do property valuers include in a property valuation report?
The content will vary depending on the property type and purpose, however, generally, a full property valuation report prepared by a licensed property valuer will include detailed legal and physical descriptions of the property, such as description of land and improvements, council zoning restrictions, fixtures and features and ancillary improvements. An extensive analysis of variables that contribute to the market value of the property will be carried out as part of the valuation including recent comparable sales, market evidence and overall market conditions.
Bank valuations are done as part of working out an amount of money to loan to ensure the home loan does not exceed a property’s value. This is because the property is used as security for the loan. If the borrower defaults on payments, the lender has the right to take possession and dispose of the property to recover the outstanding mortgage.
The main difference is that a property appraisal conducted by a real estate agent has no legal basis and will not stand in a legal court in Queensland. Property appraisals can be targeted towards a marketing strategy to list the property for sale. On the other hand, property valuations completed by an independent licensed valuer hold no conflict of interest and can be used to resolve legal disputes in court.
Our team of property valuers located in ACT, use our internal systems, skills and experience to meet client requirements. We ensure due diligence is taken at every step of the process throughout a property valuation. From obtaining written agreement from our clients, undertaking a formal inspection of the property (where required), researching and analysing relevant property information and finally generating a detailed report providing rationale as to the value of the property.
PRP has some 38 offices across Australia & New Zealand.