Disclaimer: This tool is for educational purposes. Calculations are hypothetical estimates and not formal valuations. Commercial values depend on complex market factors. Always consult a licensed valuer at McGees Property Brisbane.
1. Comparable Sales Approach
Check your building plans or recent survey for the total internal floor area.
Find this by dividing the sale price of 3 nearby similar properties by their size, then taking the average.
Estimated Market Value$0
Professional Insight
2. Income Capitalisation Approach
This is your total annual rent minus outgoings (rates, insurance, repairs).
The "yield" investors expect. Prime Brisbane assets are often 4.5% to 6%, while riskier assets may be 7% to 9%.
Estimated Investment Value$0
Professional Insight
3. Cost Approach
The value of the vacant site. Look at recent sales of unimproved land in your specific zone.
What it would cost to build the exact same structure today, including council fees and labor.
Subtract value for the building's age and wear. If it is halfway through its life, subtract 50% of the build cost.