Experts in Property Valuation, Brisbane
Providing independent property advice in rural, commercial, residential, development and specialised sectors
As Queensland’s capital city, Brisbane is a vibrant and dynamic business hub that has experienced strong, sustained population growth since the early 1990s.
Preston Rowe Paterson’s Brisbane office was proudly established in 2004 by Director Troy Chaplin. Centrally located in Brisbane, our team delivers expert property valuation and advisory services, as well as plant and machinery valuations, across South East Queensland.
The Preston Rowe Paterson Meanjin (Brisbane) office proudly acknowledges the Turrbal, Quandamooka and Yuggera People as the Traditional Custodians of the lands on which we work and deliver our services. We pay our deepest respects to all Elders past and present, and extend that respect to all Aboriginal and Torres Strait Islander peoples and their enduring 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 and hold Land Valuers Licenses in Queensland.
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Featured Services
We provide valuation, analytics, and consultancy services for all forms of real estate including but not limited to rural, residential, commercial and development.
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
- Investment, development and occupancy real estate advice
- Strategic mortgage portfolio risk review
- Mortgagee in possession valuations
- Bank and financial institution valuation panel appointments
- Valuation aggregator panel appointments (VALEX and VALOCITY) – B2B Connectivity
Expert Witness Services
- Lease & rental disputes including determinations
- Family law matters
- Partnership disputes
- Taxation and rating disputes
- Compensation and resumption matters (Section 241 of LAA, Planning & Development Act)
- 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 2001(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 GST margin scheme
- Valuations for superannuation fund compliance
- Stamp duty valuations
- Tax depreciation schedules (compliant with ATO requirements)
- Valuation-based statutory assessments returned in rates and land tax notices
Government and Statutory Services
- Advice for property disposal and acquisitions
- Project feasibility analysis
- Public and open space contributions
- Asset and financial reporting valuations
- Leasing and rental review
- Heritage and specialised asset valuations
- Valuations for rating and taxing purposes
- Property portfolio analysis
- Compulsory acquisition (resumption) and compensation valuations
- Statutory valuation review
Insurance and Depreciation Services
- Insurance replacement cost valuations
- Strata Insurance replacement cost valuations
- Insurance reinstatement cost valuations
- All types of building insurance valuation
- Depreciation schedules for taxation purposes
PRP Brisbane Directors
Director
Troy established the Brisbane office of Preston Rowe Paterson in 2004 and has since grown the business through a diverse and comprehensive service offering.
He brings expertise across the full spectrum of property and asset classes, including commercial, industrial, retail, residential, rural, special use, and plant and machinery. Troy has extensive experience providing property valuation and consultancy services to a broad range of clients, including Government agencies, mining and oil companies, banks and non-bank lenders, property developers, architects, public companies and private clients. This breadth of experience has given Troy a well-rounded and thorough understanding of all facets of the property profession.
Director
Chris joins PRP Brisbane with over 30 years of experience in the Australian property industry, bringing a comprehensive background spanning valuations, management and risk mitigation across all classes of real estate.
His expertise covers a wide range of property sectors, including commercial office, industrial (manufacturing and office warehouse), retail shops and shopping centres, rural properties, residential developments and infrastructure.
Throughout his career, Chris has provided mortgage, insurance, pre-purchase and estate advice across all property sectors along the East Coast of Australia. He has overseen and been directly involved in a diverse range of valuation work, giving him a deep appreciation for the critical role that sound valuation and considered advice play in making prudent property decisions.
This breadth of experience positions Chris as a highly valuable addition to the PRP Brisbane team.
Director
Glenn Coonan brings a wealth of diverse valuation experience spanning rural properties and island resorts, aquaculture and international hotels, through to industrial, office and retail assets, going concerns and Specialist Disability Accommodation (NDIS).
His leadership experience is equally broad, encompassing team management, the creation of new national businesses, and the negotiation of acquisitions and joint ventures. Glenn has a proven ability to build and inspire high-performing teams.
An innovative leader across both new and established businesses, Glenn has a strong track record of creating sustainable enterprises through clear vision, shared goals, succession planning, and the development of quality systems, processes and people.
In an era of increasing specialisation, Glenn’s breadth of experience offers a more balanced and considered perspective — because ultimately, investment is a choice.
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 QLD, 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.