Principles and Practice of Property Valuation in Australia (3^rd Ed.)

This book provides a clear outline of the key principles underlying property valuation and the current techniques and issues in the practice of valuation for the major sectors of the Australian real estate market.

Formerly titled Valuation Principles and Practice, this entirely new third edition comprises Australia's leading advanced valuation textbook. The first part of the book, Principles of valuation, comprises chapters written by globally recognised academics and specialists on the principles of law, economics, planning, policy and finance, all in the context of property valuation. The second part of the book, Practice of valuation, comprises chapters written by acknowledged expert valuers on the practice of valuation for key property sectors including residential, retail, commercial, industrial, leisure and rural. Further, chapters also cover valuations for purposes including lending, insurance, rating, taxation and financial reporting.

The most up to date valuation text for the Australian market, this book will appeal to both valuation practitioners and undergraduate/postgraduate students as well as to accountants, lawyers and professionals dealing with property valuation issues.

Part 1: Principles 1.Legal principles 2. Economic principles 3. Planning principles 4. Policy principles 5. Finance principles 6. Valuation principles Part 2: Practice Section 1. Valuation practice for conventional property sectors 7. Residential property valuation 8. Office property valuation 9. Retail property valuation10. Industrial property valuation 11. Rural property valuation Section 2. Valuation practice for specialist property sectors 12. Retirement and aged care property valuation13. Leisure property valuation 14. Plant and equipment valuation 15. Business and intangible asset valuation Section 3. Valuation practice for specific purposes16. Valuation for rental purposes 17. Valuation for financial reporting purposes 18. Valuation for secured lending purposes19. Valuation for insurance purposes 20. Valuation for statutory purposes

Dr David Parker is an internationally recognised real estate industry expert and highly regarded real estate academic (www.davidparker.com.au), and editor of the Routledge REITs Research Handbook (2019). He is a regular contributor to property and valuation academic journals, a Visiting Professor at the Henley Business School, University of Reading and a Visiting Fellow at the University of Ulster.