Mark Ruttner, Author at FVG

Tips from a Valuer in Rental Determinations

Written by Mark Ruttner on June 7, 2018. Posted in Blog, Property Valuer.

Tips from a Valuer in Rental Determinations The following discussion provides the main areas of a rent review process: As a Commercial Property Valuer of some twenty-five (25) years plus, more particularly, a Specialist Retail Valuer, the Commercial Property Determination process, depending of where the parties involved are in relation to experience, can be very daunting. The role and process may be considered as a snapshot as to the main points to consider:

VALUATION OF LAND ACT 1960 – SECT 17 Grounds for objection

Written by Mark Ruttner on March 29, 2018. Posted in Blog, Land Tax, Property Tax.

VALUATION OF LAND ACT 1960 – SECT 17 Grounds for objection Grounds for objection The grounds for an objection are- that the value assigned is too high or too low; that the interests held by various persons in the land have not been correctly apportioned; that the apportionment of the valuation is not correct;

Value of Real Estate Property in 1907 and 2018 – Where is the Comparison?

Written by Mark Ruttner on March 29, 2018. Posted in Blog, Real Estate Market. Leave a Comment

Value of Real Estate Property in 1907 and 2018 – Where is the Comparison? As one of Melbourne’s leading property valuers, all I can say is, if I had a dollar for every time a consumer asks me this question, I would probably have retired already. Can you provide me with a valuation – you know I don’t need a report, just an opinion of value, an appraisal, or estimate of value. The Australian Property Institute (API) has recently reported that the marketplace in general substituted the word “valuation” with other alternative means of appraisal, sale price, estimate,...

First Valuation Group Caulfield Prestige Residential Sales Survey

Written by Mark Ruttner on March 26, 2018. Posted in Blog, Residential Real Estate Market.

First Valuation Group Caulfield Prestige Residential Sales Survey Jan – Dec 2017 Address Land Area m2 Bldg. Area m2 Date Sale Price Sale Price/ Bldg. Area m2 Sale Price/ Land Area m2 Photos 33 Labassa Grove, Caulfield North, Vic 3161 892 456.4 7/12/2017 $4,600,000 $10,079 $5,157 58 Rosemont Avenue, Caulfield North, Vic 3161 776 447.1 4/12/2017 $4,850,000 $10,848 $6,250 51 Howitt Road, Caulfield North, Vic 3161 1,091 204.4 6/11/2017 $4,365,000 $21,355 $4,001 10 Pearce Street, Caulfield South, Vic 3162 754 377.4 28/10/2017 $3,050,000 $8,082 $4,045 8 Wootton...

First Valuation Group Metropolitan Area Prestige Residential Sales Survey

Written by Mark Ruttner on March 23, 2018. Posted in Blog, Residential Real Estate Market.

First Valuation Group Metropolitan Area Prestige Residential Sales Survey Jan – Dec 2017 Address Land Area m2 Bldg. Area m2 Date Sale Price Sale Price/ Bldg. Area m2 Sale Price/Land Area m2 Photos 1 Lisbuoy Court, Toorak, Vic 3142 1,510 330 7/12/2017 $12,400,000 $37,576 $8,212 1 Heymount Close, Toorak, Vic 3142 2,221 424 21/11/2017 $17,600,000 $41,509 $7,924 9 Haverbrack Avenue, Malvern, Vic 3144 1,485 382 2/11/2017 $10,180,000 $26,649 $6,855 7 Kenley Court, Toorak, Vic 3142 855 504 17/08/2017 $15,009,999 $29,782 $17,556 9 Ottawa Road, Toorak, Vic 3142 1,486 398 29/06/2017 $15,000,000 $37,688 $10,094 2...

First Valuation Group Melbourne Prestige Apartment Sales Survey Jan – Dec 2017

Written by Mark Ruttner on March 21, 2018. Posted in Blog, Real Estate Market.

First Valuation Group Melbourne Prestige Apartment Sales Survey Jan – Dec 2017 Address Bldg. Area m2 Date Sale Price Sale Price/ Bldg. Area m2 Photos 3603/35 Spring Street, Melbourne, Vic 3000 330 25/10/2017 $7,900,000 $23,939 1903&1904/576-578 St Kilda Road, Melbourne, Vic 3004 740 9/08/2017 $8,175,000 $11,047 5/4-6 Mathoura Road, Toorak, Vic 3142 364 30/06/2017 $6,006,500 $16,501 302/30 Springfield Avenue, Toorak Vic 3142 361 30/06/2017 $6,500,000 $18,006 7/97 Mathoura Road, Toorak, Vic 3142 N/A 28/06/2017 $6,750,000 N/A 402/2 Hobson Street, South Yarra,...

Author: Mark Ruttner