Compulsory Acquisition occurs when a government body acquires a residential or commercial property in order to proceed with a public development. When a property is acquired it usually is located in area that is necessary for infrastructure, road, or building development.
When a property is acquired, you are required to obtain your own property valuation to ensure that you are being adequately compensated for the true value of the property. As an independent property valuation company, our reports are based on the current fair market value to ensure that each report is fair and transparent.
How Can We Help?
It is important that a compensation valuation report is completed thoroughly and efficiently. Our team of certified valuers have over 20-years-experience in the industry and can provide you with the best expertise and local knowledge.
Valuations Victoria is registered with the Australia Property Institute (API). All of our property valuers complete regular training to update their industry knowledge as per the industry guidelines set by the API. We can guarantee that our clients always receive the best quality of service.
If you have any queries regarding compulsory acquisition, please contact us on (03) 9021 2009 or complete an enquiry form.