Property market analysis in the valuation process: A survey of Australian practice

Lynne Armitage, M. Skitmore

Research output: Contribution to journalArticleResearchpeer-review

1 Citation (Scopus)
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Abstract

The nature of property valuation/analysis is examined in respect of the property market and, in particular, the extent of property market analysis undertaken by practitioners when carrying out property valuations. An empirical survey is described of a sample of 240 valuers throughout Australia and their practices in valuing investment grade property. It is shown that, although the valuers are fully aware of the need for property market analysis, and collect appropriate data to do the analysis, the analysis itself is seldom conducted in other than a cursory manner.
Original languageEnglish
Pages (from-to)330-347
Number of pages18
JournalPacific Rim Property Research Journal
Volume9
Issue number4
DOIs
Publication statusPublished - 2003

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Market analysis
Property market
Empirical survey

Cite this

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abstract = "The nature of property valuation/analysis is examined in respect of the property market and, in particular, the extent of property market analysis undertaken by practitioners when carrying out property valuations. An empirical survey is described of a sample of 240 valuers throughout Australia and their practices in valuing investment grade property. It is shown that, although the valuers are fully aware of the need for property market analysis, and collect appropriate data to do the analysis, the analysis itself is seldom conducted in other than a cursory manner.",
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Property market analysis in the valuation process : A survey of Australian practice. / Armitage, Lynne; Skitmore, M.

In: Pacific Rim Property Research Journal, Vol. 9, No. 4, 2003, p. 330-347.

Research output: Contribution to journalArticleResearchpeer-review

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