[{"content":"Every year your SMSF must report its property at market value for the fund\u0026rsquo;s financial statements and audit. Get an independent, signed valuation your auditor will accept — sorted before your return is due, without the scramble.\nDesktop from $299 On-site, full inspection, from $690. An annual plan at $299 per property per year with a reminder each year.\nValuer-signed Every report names the independent valuer who signed it, in the form auditors ask for.\nSIS Reg 8.02B Market value each year for the fund's financial statements and audit, with evidence an auditor will accept.\nRequest my SMSF valuation\nWhat you get # Independent and signed by a qualified valuer; prepared for SMSF annual-reporting requirements (SIS Reg 8.02B); fast and fixed-price; annual reminders so you\u0026rsquo;re never late. General information, not financial or SMSF advice — we provide the valuation, not advice about your fund.\nSMSF readiness checklist # Two minutes to see how audit-ready your fund\u0026rsquo;s property valuation is for this year\u0026rsquo;s return.\nConfirm your SMSF holds property that must be reported at market value each year (SIS Reg 8.02B). Note when your fund's annual return and audit are due — the valuation is needed before then. Gather the property details and any evidence (lease, prior valuation, recent comparable sales). Check whether this is a year your auditor expects fresh external evidence — then obtain an independent, signed market valuation if so. Give the valuation to your auditor and set an annual reminder for next year. Tick what applies to see how SMSF-ready you are.\nPrefer your accountant to handle it? Ask them to register at the partner portal — bulk workflow, consolidated billing, valuer independence preserved.\nPricing # Desktop, no inspection, the routine annual update: from $299 On-site, full inspection, where the fund, the asset or the auditor calls for it: from $690 Annual plan, one property, with a reminder each year: $299 per year Every report names the valuer who signed it.\nRequest your valuation # Your request could not be saved. Please try again. Thanks \u0026mdash; we\u0026rsquo;ve received your request. We\u0026rsquo;ll email you shortly with the next steps and a personalised quote. If it doesn\u0026rsquo;t arrive within a business day, please check your spam folder. First name Last name Email address Email will be the main communication channel Phone Property address Australian address \u0026mdash; the property being valued. Who is the valuation for? Individual Trust / partnership SMSF Company Which kind of valuation do you need? Desktop \u0026mdash; no inspection On-site \u0026mdash; a valuer inspects the property Specialist \u0026mdash; complex or unusual property Not sure \u0026mdash; please recommend one If you\u0026rsquo;re unsure, pick the last option \u0026mdash; we\u0026rsquo;ll recommend one in your quote. No payment is taken \u0026mdash; we reply with a fixed quote for your property. By submitting you agree to be contacted about your request.\nWe use your details to prepare your quote, and to arrange and deliver your valuation. If you engage us, we also create and keep a long-term record of the property's documents and condition as at 30 June 2027, so that you, your accountant, or a valuer you appoint can use it when the property is eventually sold. We keep property information after your personal details are removed, to improve our valuation reference data. We do not sell your personal information. Your details are handled by our email provider, Brevo, which stores data in the EU. See our Privacy Policy.\nRequest my valuation We use your details to prepare your valuation and to contact you about it. If you engage us, we also create and keep a long-term record of the property's documents and condition as at 30 June 2027, so that you, your accountant, or a valuer you appoint can use it when the property is eventually sold; and we keep property information after your personal details are removed, to improve our valuation reference data. See our privacy policy; you can ask us to delete your details at any time.\nWhat happens next Tell us the property and when the fund's return is due. No payment is taken. We confirm the scope and a fixed price before anything proceeds. A valuer licensed in the property's state prepares and signs the report for the fund's financial year. What you receive A signed, dated valuation report naming the valuer. The comparable evidence and method behind the figure, in the form auditors ask for. An annual reminder if you want one, so next year is not a scramble. No payment is taken at this step. Your fixed price is confirmed before you proceed, and every report names the valuer who signed it.\nSending photos with your request? See our photo guidelines.\nWondering about timing? Read how often SMSF property must be valued.\nCommon questions # What is SIS Reg 8.02B? It's the SMSF rule requiring fund assets, including property, to be reported at market value each year for the financial statements and audit. Auditors typically expect fresh external evidence around every three years, or sooner when the market or the asset changes — confirm with your auditor. Is this the same as the 1 July 2027 CGT change? No — SMSFs are excluded from that CGT reform for property acquired on or after 20 September 1985; pre-CGT property is deemed sold whoever holds it. This is about the separate annual SMSF market-value obligation. Will my auditor accept it? The report is an independent valuation signed by a qualified valuer, prepared to be audit-ready for SMSF annual reporting. Do you offer annual reminders? Yes — an annual plan, and we send you a reminder each year so your fund's valuation is not late. How much does it cost? Desktop from $299 and on-site from $690; annual plan $299 per property per year. How often must SMSF property be valued? Fund assets must be reported at market value every financial year (SIS Regulation 8.02B). Auditors typically also expect fresh external evidence periodically — commonly around every 3 years, or sooner after significant market movement or changes to the property. Confirm expectations with your fund's auditor. General information only — not financial, SMSF or tax advice. We provide an independent valuation, not advice about your fund. Any indicative appraisal is automated and not a certified valuation; the signed valuation is provided separately. smsfpropertyvaluationready.com.au is a property-valuation service.\n","date":"5 September 2026","externalUrl":null,"permalink":"/","section":"SMSF Property Valuation Requirements - Annual Market Value","summary":"Every year your SMSF must report its property at market value for the fund’s financial statements and audit. Get an independent, signed valuation your auditor will accept — sorted before your return is due, without the scramble.\nDesktop from $299 On-site, full inspection, from $690. An annual plan at $299 per property per year with a reminder each year.\nValuer-signed Every report names the independent valuer who signed it, in the form auditors ask for.\n","title":"SMSF Property Valuation Requirements - Annual Market Value","type":"page"},{"content":"smsfpropertyvaluationready.com.au explains what a self-managed super fund must do about the property it holds: report it at market value each year under SIS Regulation 8.02B, with evidence an auditor will accept. The guides on how often, which methods, and what auditors expect are free to read and written for trustees and their accountants.\nWho runs it # This site is operated by Valuation Ready (ABN 65 397 914 685), an Australian property-valuation service that also operates valuationready.com.au and the sister sites named in the footer of every page. One operator, several doors: each site is written for one audience and one question, and all of them lead to the same service.\nHow a valuation is produced # Valuation Ready is building a national panel of independent qualified valuers so that a signed valuation can be arranged for a property in any state or territory through a valuer licensed there. Each report is prepared and signed by the valuer, who is responsible for the opinion of value. The valuer\u0026rsquo;s fee is for preparing the report and is not tied to the figure reached, so there is no incentive to arrive at a higher or lower number.\nIndependence and standards # A signed valuation gives you a documented market-value figure with an evidence trail: the comparable sales, the method, and the valuer\u0026rsquo;s signature and date. Reports are prepared to an ATO-acceptable standard for market-value evidence. There is no such thing as an \u0026ldquo;ATO-approved\u0026rdquo; valuation, and you will not read that phrase here. Independence is not decoration for an SMSF valuation: an auditor is looking for evidence produced by someone with no stake in the figure, and that is what a signed report from an unrelated valuer is.\nWhat we do not do # This site provides general information and service intake. It is not tax, legal or financial advice. Ask a registered tax professional or licensed adviser how a valuation applies to your circumstances. We provide the valuation, not advice about your fund, and we do not act as auditor.\nTalk to us # Questions about the content or the service go through the contact page.\n","date":"5 September 2026","externalUrl":null,"permalink":"/about/","section":"SMSF Property Valuation Requirements - Annual Market Value","summary":"smsfpropertyvaluationready.com.au explains what a self-managed super fund must do about the property it holds: report it at market value each year under SIS Regulation 8.02B, with evidence an auditor will accept. The guides on how often, which methods, and what auditors expect are free to read and written for trustees and their accountants.\nWho runs it # This site is operated by Valuation Ready (ABN 65 397 914 685), an Australian property-valuation service that also operates valuationready.com.au and the sister sites named in the footer of every page. One operator, several doors: each site is written for one audience and one question, and all of them lead to the same service.\n","title":"About SMSF Property Valuation Ready","type":"page"},{"content":"Use one form and we will route it to the right person. You only need to tell us once.\nI am contacting about Select one Individual property owner valuation CGT, tax, land tax or SMSF valuation question Real estate agency partner enquiry Tax agent / accountancy partner enquiry Partner portal or bulk upload access Property valuer job opportunity Privacy or general support Name Email Phone Business / organisation Property address or coverage area Preferred next step Email me Call me Send partner pricing details Send bulk upload instructions Send job opportunity details Message I agree to be contacted about this enquiry. I understand Valuation Ready provides service intake and general information, not tax, legal or financial advice. Send enquiry Where your enquiry goes SMSF trustees: valuation request, scope and pricing. Accountants and SMSF administrators: partner workflow and bulk requests. Content questions and corrections: the editorial queue for this site. Privacy and support: data requests and general follow-up. Prefer to email or call? Write to enquiries@valuationready.com.au or call 0411 547 901. We reply by email.\nWho you are contacting # This site is operated by Valuation Ready (ABN 65 397 914 685), an Australian property-valuation service that also operates valuationready.com.au and the sister sites named in the footer of every page. One operator, several doors: each site is written for one audience and one question, and all of them lead to the same service.\nImportant # This site provides general information and service intake. It is not tax, legal or financial advice. Ask a registered tax professional or licensed adviser how a valuation applies to your circumstances.\n","date":"5 September 2026","externalUrl":null,"permalink":"/contact/","section":"SMSF Property Valuation Requirements - Annual Market Value","summary":"Use one form and we will route it to the right person. You only need to tell us once.\nI am contacting about Select one Individual property owner valuation CGT, tax, land tax or SMSF valuation question Real estate agency partner enquiry Tax agent / accountancy partner enquiry Partner portal or bulk upload access Property valuer job opportunity Privacy or general support Name Email Phone Business / organisation Property address or coverage area Preferred next step Email me Call me Send partner pricing details Send bulk upload instructions Send job opportunity details Message I agree to be contacted about this enquiry. I understand Valuation Ready provides service intake and general information, not tax, legal or financial advice. Send enquiry Where your enquiry goes SMSF trustees: valuation request, scope and pricing. Accountants and SMSF administrators: partner workflow and bulk requests. Content questions and corrections: the editorial queue for this site. Privacy and support: data requests and general follow-up. Prefer to email or call? Write to enquiries@valuationready.com.au or call 0411 547 901. We reply by email.\n","title":"Contact SMSF Property Valuation Ready","type":"page"},{"content":"SIS Regulation 8.02B is the rule that turns market value into an annual job for your SMSF, not a one-off. It\u0026rsquo;s why your property needs a fresh, defensible figure every year — and it\u0026rsquo;s already in force. Here it is in plain English.\nWhat SIS Reg 8.02B actually requires # Regulation 8.02B of the Superannuation Industry (Supervision) Regulations says that when the trustees prepare the fund\u0026rsquo;s accounts and financial statements for a financial year, the fund\u0026rsquo;s assets must be recorded at market value. It applies to everything the fund holds — cash, shares and property alike. There is no size threshold, and no exemption for assets that are harder to value, such as real estate.\nIn practice this is the requirement your accountant works to when preparing the annual financials, and the one your auditor checks during the annual SMSF audit before your return is lodged.\nWhat \u0026ldquo;market value\u0026rdquo; means here # The SIS Act gives market value a specific meaning: broadly, the amount a willing buyer would reasonably be expected to pay a willing seller, assuming the two deal at arm\u0026rsquo;s length, the asset has been properly marketed, and both act knowledgeably and prudently.\nSo market value is not:\nthe price you originally paid for the property; the council rates or land-tax figure; a rounded-up \u0026ldquo;we think it\u0026rsquo;s worth about\u0026rdquo; number. It\u0026rsquo;s a current, supportable estimate of what the property would realistically sell for today — the kind of figure you can put in front of an auditor and defend with data.\nWho it applies to # Every SMSF that holds assets, every financial year. The trustees are responsible for the value that goes into the accounts — even where an accountant prepares the statements or a valuer provides the figure. Because property is usually a large share of a fund\u0026rsquo;s assets, auditors typically treat it as material and look closely at how the value was reached.\nIt\u0026rsquo;s annual and ongoing — in force now # This is the point trustees most often miss: 8.02B is not a future reform or a one-time exercise. It applies every single financial year, and it has for a long time. The value can\u0026rsquo;t simply be rolled forward unchanged year after year — it needs to reflect the market, supported by evidence appropriate to the year.\nHow fresh and how independent that evidence needs to be is a separate question — see how often SMSF property must be valued.\nHow it differs from a one-off sale valuation # A sale valuation and an 8.02B valuation answer different questions:\nPurpose — 8.02B evidence supports the fund\u0026rsquo;s financial statements and audit; a sale valuation supports marketing or a contract of sale. Audience — 8.02B evidence is for your accountant, auditor and ultimately the ATO; a sale valuation is for a buyer or agent. Frequency — 8.02B applies every year; a sale valuation happens once, when you transact. The overlap is that both rest on the same market-value concept — which is why an independent, signed valuation prepared for SMSF reporting is such clean evidence for the annual audit.\nWhat counts as acceptable evidence # The ATO\u0026rsquo;s valuation guidelines for self-managed super funds expect the value to rest on objective and supportable data. Trustees can use a range of methods, and a qualified independent valuation is expected in some situations. We cover the options in SMSF property valuation methods and the audit angle in what auditors expect.\nWhen you\u0026rsquo;re ready for the figure itself, an independent, signed valuation prepared for SMSF reporting can be arranged through smsfpropertyvaluer.com.au, an independent valuation service. Not sure where your fund stands? Try the 2-minute readiness check.\nIs SIS Reg 8.02B the same as the 1 July 2027 CGT change? No. SMSFs are excluded from that CGT reform for property acquired on or after 20 September 1985 — pre-CGT property is deemed sold whoever holds it. Reg 8.02B is a separate, long-standing rule requiring fund assets to be reported at market value every financial year — it is in force now and applies annually. Does 8.02B mean I need a full valuation every year? The regulation requires a market value in the accounts each year, but it does not dictate a single method. Trustees can use objective, supportable data; a qualified independent valuation is expected in some cases. Confirm what your auditor expects for your fund. What does \u0026#34;market value\u0026#34; mean under the SIS Act? Broadly, the amount a willing buyer would pay a willing seller, assuming an arm's length deal, proper marketing of the asset, and both parties acting knowledgeably and prudently. It's a current, defensible figure — not the purchase price or the rates value. Who is responsible for the SMSF property value? The trustees are, even when an accountant prepares the financials or a valuer provides the figure. That's why supportable evidence matters — the trustees have to be able to justify the number to the auditor. What happens if the value isn\u0026#39;t properly supported? The auditor may query it, and weak evidence for a material asset can lead to a qualified audit report or an Auditor Contravention Report to the ATO. Current, objective evidence is the way to avoid that. General information only — not financial, SMSF or tax advice. We provide valuations, not advice about your fund. Confirm your fund\u0026rsquo;s requirements with its accountant or auditor.\n","date":"31 August 2026","externalUrl":null,"permalink":"/sis-reg-8-02b-explained/","section":"SMSF Property Valuation Requirements - Annual Market Value","summary":"SIS Regulation 8.02B is the rule that turns market value into an annual job for your SMSF, not a one-off. It’s why your property needs a fresh, defensible figure every year — and it’s already in force. Here it is in plain English.\nWhat SIS Reg 8.02B actually requires # Regulation 8.02B of the Superannuation Industry (Supervision) Regulations says that when the trustees prepare the fund’s accounts and financial statements for a financial year, the fund’s assets must be recorded at market value. It applies to everything the fund holds — cash, shares and property alike. There is no size threshold, and no exemption for assets that are harder to value, such as real estate.\n","title":"SIS Reg 8.02B Explained: SMSF Annual Valuation Rule","type":"page"},{"content":"SMSF Property Valuation Ready (ABN 65 397 914 685) operates this website and is responsible for the personal information collected through it.\nThis website provides property-valuation services. This policy explains how we handle personal information in line with the Australian Privacy Act 1988 (Cth) and the Australian Privacy Principles (APPs).\nWhat we collect # When you submit an enquiry, we collect the details you provide — typically your name, email, phone number, the property address, and how the property is held. We may also collect basic usage data (such as analytics) when you browse the site.\nWhy we collect it # To respond to your valuation enquiry, provide the service you request, and contact you about it. We rely on the consent you give when you submit the form.\nIf you engage us, we also collect and keep information for these additional purposes:\nTo create and keep a property evidence record. Australia\u0026rsquo;s capital gains tax rules make 30 June 2027 a reference date for property held across it. Where you engage us for this service, we create a record of the documents and photographs you or your valuer supply about the property, as at that date — which may include leases, rental statements, property manager inspection reports, renovation invoices and contracts, council and development approvals, floor plans, and the contract of purchase. To keep a record for each year you engage us. A self-managed super fund must value its property for the fund\u0026rsquo;s financials each year (SIS reg 8.02B), so where you engage us annually we keep the record for each year alongside the others for that property. To keep those records available long-term, so that you, your accountant, your auditor, or a valuer you appoint can rely on them when the property is eventually sold. That may be many years after the valuation itself. To disclose a record to the valuer. When you engage us for a valuation, we provide the record directly to the valuer carrying it out — that is how the valuation is produced. We also disclose it later, at your request or your accountant\u0026rsquo;s or auditor\u0026rsquo;s, to a valuer you appoint. To improve our valuation reference data. After your personal details are removed, we keep information about the property itself (such as the normalised address, its attributes and its recorded condition) to improve the quality of our valuation work. To transfer records to a successor if our business or the relevant part of it is sold, so that the records remain available to you. We do not sell your personal information.\nWhere we rely on consent, you can withdraw it — see Your rights. Withdrawing consent does not require us to destroy a record we are keeping for a purpose you engaged us for, but you may ask us to delete it and we will tell you what we can and cannot do.\nInformation about other people # The documents you give us for an evidence record may contain other people\u0026rsquo;s personal information — most commonly a tenant\u0026rsquo;s, in a lease, a rental ledger, or a property manager\u0026rsquo;s inspection report.\nPlease give us only what is needed for the valuation, and remove or redact a tenant\u0026rsquo;s personal details where you reasonably can. Where you cannot, we handle that information under this policy and use it only for the valuation and evidence purposes described above. If a tenant asks us what we hold about them, we will tell them.\nWe do not publish photographs showing a tenant\u0026rsquo;s possessions without the tenant\u0026rsquo;s written consent.\nDisclosure # We disclose your information to service providers who help us deliver the service (for example hosting, email, and CRM providers). We do not sell your personal information.\nOverseas disclosure # Some of our service providers store or process data outside Australia. Our current form and email provider (Brevo) stores contact data on servers in the European Union, and analytics providers may process data overseas. Email you send to our published addresses is routed through a third-party mail forwarding service (ImprovMX) before it reaches our mailbox, and our mailbox provider may also store or process it outside Australia. That applies to anything you send us by email, including documents and photographs attached to it. We take reasonable steps to ensure overseas recipients handle your information consistently with the APPs (APP 8). Our enquiry form suggests Australian addresses using Google Places. On a page carrying that form, nothing is sent to Google until the first time you click into the address field \u0026ndash; if you never use the form, Google is never contacted. From that moment Google receives your network (IP) address, which page you are on, and your browser details; and as you type, the text is sent so it can offer matches. Google may process all of this outside Australia. Declining analytics cookies does not affect this: the cookie banner controls Google Analytics and Microsoft Clarity, not this address feature.\nStorage and security # We take reasonable steps to protect your information from misuse, loss, and unauthorised access.\nHow long we keep it # Different records are kept for different periods, because they serve different purposes.\nRecord How long Enquiries that do not become a job Up to 24 months from your last contact with us, then deleted Valuation reports and the file supporting them 7 years, consistent with professional and tax record-keeping expectations A property evidence record Until 5 years after you tell us the property has been sold, or 31 December 2050, whichever comes first De-identified property information Indefinitely, once your personal details have been removed Billing and tax records 5 years, as required by tax law Your rights # You may request access to or correction of your personal information, withdraw your consent, or make a privacy complaint. Contact us at privacy@smsfpropertyvaluationready.com.au. You may also complain to the Office of the Australian Information Commissioner (OAIC) at oaic.gov.au.\nCookies and analytics # We may use cookies and analytics to understand how the site is used. You can control cookies through your browser settings.\nContact # Privacy enquiries: privacy@smsfpropertyvaluationready.com.au.\n","date":"26 August 2026","externalUrl":null,"permalink":"/privacy/","section":"SMSF Property Valuation Requirements - Annual Market Value","summary":"SMSF Property Valuation Ready (ABN 65 397 914 685) operates this website and is responsible for the personal information collected through it.\nThis website provides property-valuation services. This policy explains how we handle personal information in line with the Australian Privacy Act 1988 (Cth) and the Australian Privacy Principles (APPs).\nWhat we collect # When you submit an enquiry, we collect the details you provide — typically your name, email, phone number, the property address, and how the property is held. We may also collect basic usage data (such as analytics) when you browse the site.\n","title":"Privacy Policy","type":"page"},{"content":"SIS Reg 8.02B requires a market value for your SMSF\u0026rsquo;s property each year, but it doesn\u0026rsquo;t prescribe a single method. Several approaches can evidence market value — what matters is that the value rests on objective and supportable data. Here are the options, from strongest to lightest, and when to step up to a signed valuation.\nThe acceptable methods # 1. Independent valuation by a qualified valuer (strongest) # A written valuation from an independent, qualified valuer, signed and dated, setting out the method and the evidence. This is the most robust evidence and the easiest for an auditor to accept — especially where the property is material or the circumstances are sensitive.\n2. Real estate appraisal with supporting data # An appraisal from a real estate agent backed by the comparable sales it relies on. On its own, a one-line \u0026ldquo;opinion of value\u0026rdquo; carries little weight; with the underlying comparables attached, it can support a value in a straightforward interim year.\n3. Comparable sales and other objective evidence # Recent sales of genuinely comparable properties in the area, documented with dates and prices. For commercial property, evidence tied to net income and yield is often the relevant basis. This can underpin a trustee-prepared value.\n4. Supporting-only sources # Council rates notices and insurance valuations can help corroborate a figure, but they measure something different from market value and rarely stand alone as the primary basis.\nThe ATO\u0026rsquo;s position: trustees own the value # Under the ATO\u0026rsquo;s valuation guidelines for self-managed super funds, the trustees are responsible for the value that goes into the accounts, and it must be based on objective and supportable data using a fair and reasonable method. Whichever approach you use, keep the working and the source data on file — the value has to be defensible, not just asserted. It\u0026rsquo;s ATO-acceptable evidence you\u0026rsquo;re building, and the audit is where it\u0026rsquo;s tested. See what auditors expect.\nWhen a signed valuation is the safer path # A trustee-prepared value with solid data can be enough in a stable year for a straightforward property. But a signed, independent valuation is the safer — and often expected — path when:\nthe property is a significant proportion of the fund\u0026rsquo;s value; there are related-party dealings (buying, selling or leasing to a member or associate); the fund is commencing a pension and balances or caps depend on the value; there\u0026rsquo;s an in-specie transfer or a limited recourse borrowing arrangement (LRBA) involving the property; the property is unusual or hard to compare, or the market has moved sharply. In these cases the strongest evidence isn\u0026rsquo;t just tidier — it protects the trustees if the value is ever questioned.\nChoosing your method # A quick rule of thumb:\nSmall share, stable market, ordinary residential → a well-documented trustee-prepared value may be acceptable. Confirm with your auditor. Material, related-party, pension phase, or unusual → an independent, signed valuation. Not sure which applies to your fund? Start with the 2-minute readiness check, then read SIS Reg 8.02B explained for the underlying rule. When you want the signed report, it can be arranged through smsfpropertyvaluer.com.au, an independent valuation service. Accountants managing many funds can use the B2B service at smsfvaluationready.com.au.\nDoes the ATO approve a particular valuation method? No — there's no single ATO-approved method. The ATO's guidelines require the value to be based on objective and supportable data using a fair and reasonable approach. Trustees choose the method; an independent valuation is the strongest evidence. Can I value my SMSF property myself? Trustees can prepare the value using objective, supportable data — for example, documented comparable sales. For a material asset, related-party dealings or pension commencement, a qualified independent valuation is expected and far easier to defend. Is a bank valuation or online estimate acceptable? They may corroborate a figure, but a bank valuation is prepared for lending purposes and online estimates aren't independent signed valuations. For SMSF reporting, rely on objective evidence or an independent valuation and confirm with your auditor. When do I really need a signed independent valuation? When the property is a significant share of the fund, there are related-party dealings, you're starting a pension, or there's an in-specie transfer or LRBA. In those cases it's the expected and safest evidence. How much does an SMSF property valuation cost? Desktop assessments start from $299 and on-site (full inspection) from $690, with an annual plan at $299 per property per year. General information only — not financial, SMSF or tax advice. We provide valuations, not advice about your fund. Confirm the right method for your fund with its accountant or auditor.\n","date":"16 August 2026","externalUrl":null,"permalink":"/smsf-property-valuation-methods/","section":"SMSF Property Valuation Requirements - Annual Market Value","summary":"SIS Reg 8.02B requires a market value for your SMSF’s property each year, but it doesn’t prescribe a single method. Several approaches can evidence market value — what matters is that the value rests on objective and supportable data. Here are the options, from strongest to lightest, and when to step up to a signed valuation.\nThe acceptable methods # 1. Independent valuation by a qualified valuer (strongest) # A written valuation from an independent, qualified valuer, signed and dated, setting out the method and the evidence. This is the most robust evidence and the easiest for an auditor to accept — especially where the property is material or the circumstances are sensitive.\n","title":"SMSF Property Valuation Methods: How to Value the Asset","type":"page"},{"content":" How to take and send property photos Good photos help your valuer see the property's condition and features — and for CGT or SMSF valuations they become part of the evidence file. Follow these rules and our system does the rest automatically.\nThe golden rules Send the original photo file — not a WhatsApp or Messenger forward (messaging apps strip the hidden capture data), not a screenshot, and not a photo of a photo. Email attachments, file uploads and AirDrop keep the data intact. Turn location on for your camera before shooting (Settings \u0026rarr; Privacy \u0026rarr; Location \u0026rarr; Camera \u0026rarr; While Using). It stamps where the photo was taken. Any modern phone is fine — iPhone or Android. There is no required brand; what matters is the two rules above. Don't edit the photos — cropping and filter apps overwrite the capture data. Send them as taken. You confirm, you never type — we read the capture details from the file rather than asking you for them, and tell you what we found. If the data is missing you can supply it, and the photo is honestly recorded as \"declared\" rather than \"verified-consistent\". For property owners Shoot the street front, each main room, kitchen and bathrooms, outdoor areas, and anything that affects value — renovations, damage, views. Old photos are welcome for retrospective valuations: original files from your camera roll keep their original dates, which the system reads automatically. Send photos as email attachments to the address we reply from — never through messaging apps, which strip the capture data. What our system checks automatically Reads the photo's embedded capture time and GPS position (when present) — you confirm, never type. Cross-checks the camera clock against satellite time recorded in the same photo. Checks the GPS position is within the property's vicinity. Notes signs of editing software. Freezes every accepted photo with a digital fingerprint at receipt, so any later copy can be checked against it. Photo data supports the valuation evidence file; the valuation itself always rests on the valuer's professional assessment.\n","date":"1 August 2026","externalUrl":null,"permalink":"/photo-guidelines/","section":"SMSF Property Valuation Requirements - Annual Market Value","summary":" How to take and send property photos Good photos help your valuer see the property's condition and features — and for CGT or SMSF valuations they become part of the evidence file. Follow these rules and our system does the rest automatically.\nThe golden rules Send the original photo file — not a WhatsApp or Messenger forward (messaging apps strip the hidden capture data), not a screenshot, and not a photo of a photo. Email attachments, file uploads and AirDrop keep the data intact. Turn location on for your camera before shooting (Settings → Privacy → Location → Camera → While Using). It stamps where the photo was taken. Any modern phone is fine — iPhone or Android. There is no required brand; what matters is the two rules above. Don't edit the photos — cropping and filter apps overwrite the capture data. Send them as taken. You confirm, you never type — we read the capture details from the file rather than asking you for them, and tell you what we found. If the data is missing you can supply it, and the photo is honestly recorded as \"declared\" rather than \"verified-consistent\". For property owners Shoot the street front, each main room, kitchen and bathrooms, outdoor areas, and anything that affects value — renovations, damage, views. Old photos are welcome for retrospective valuations: original files from your camera roll keep their original dates, which the system reads automatically. Send photos as email attachments to the address we reply from — never through messaging apps, which strip the capture data. What our system checks automatically Reads the photo's embedded capture time and GPS position (when present) — you confirm, never type. Cross-checks the camera clock against satellite time recorded in the same photo. Checks the GPS position is within the property's vicinity. Notes signs of editing software. Freezes every accepted photo with a digital fingerprint at receipt, so any later copy can be checked against it. Photo data supports the valuation evidence file; the valuation itself always rests on the valuer's professional assessment.\n","title":"Property photo guidelines","type":"page"},{"content":"Each year your SMSF auditor has to sign off that the fund\u0026rsquo;s property is recorded at market value under SIS Reg 8.02B. They\u0026rsquo;re not there to re-value the property — they\u0026rsquo;re there to check that your value is supported. Here\u0026rsquo;s what they look for, and how to make sign-off straightforward.\nWhat the auditor is actually checking # The auditor tests whether the figure in the accounts is supportable — that it reflects market value and rests on evidence, not a guess. Broadly they want to see:\nA market-value basis consistent with the SIS Act (not purchase price, not the rates figure). Objective evidence behind the number — data they can follow. Currency — evidence appropriate to this year, not a figure rolled forward unchanged. Because property is usually a large share of the fund, auditors treat it as material and scrutinise it more closely than smaller assets.\n\u0026ldquo;Objective and supportable data\u0026rdquo; — the core test # The ATO\u0026rsquo;s valuation guidelines for self-managed super funds ask trustees to base the value on objective and supportable data. In an auditor\u0026rsquo;s eyes, that usually means one or more of:\nan independent valuation from a qualified valuer; a real estate appraisal that comes with the comparable sales behind it; recent comparable sales for similar properties in the area; for commercial property, evidence tied to net income and yield. Rates notices and insurance figures can support a value but rarely stand alone as the primary basis. See the full breakdown in SMSF property valuation methods.\nWhen a trustee-prepared value is usually accepted # In a stable year, for a straightforward residential property, auditors will often accept a trustee-prepared value — provided it\u0026rsquo;s genuinely backed by current, objective data and documented. The value has to be defensible on paper, not just asserted.\nWhen an independent valuation is expected # ATO guidance indicates a qualified independent valuation is expected where the property is a significant proportion of the fund\u0026rsquo;s value, or where the circumstances make the valuation material or complex — for example:\nrelated-party dealings (buying from, selling to, or leasing to a member or associate); commencing a pension (retirement phase), where balances and caps hinge on the value; in-specie contributions or transfers of the property; a limited recourse borrowing arrangement (LRBA) involving the property; an unusual, unique or hard-to-compare property. In those situations a signed, independent valuation is the cleanest way to satisfy the auditor — and to protect the trustees.\nWhat to hand your auditor # Make the evidence easy to follow:\nthe valuation report or written evidence, clearly dated; the method and the comparable sales or data relied on; who prepared it (an independent valuer, or the trustees with their supporting data); the source of any figures used. What triggers auditor pushback # The common red flags are a stale figure, a suspiciously round number, the purchase price simply carried forward, or an agent\u0026rsquo;s one-line \u0026ldquo;opinion\u0026rdquo; with nothing behind it. For a material asset, weak evidence can lead to a qualified audit report and an Auditor Contravention Report (ACR) to the ATO — the outcomes trustees most want to avoid.\nThe safe default for material property # For property that\u0026rsquo;s material to the fund, the low-stress pattern is an independent, signed valuation on a periodic cadence, with well-documented, supportable updates in the years between. You can arrange an audit-ready, signed valuation through smsfpropertyvaluer.com.au, an independent valuation service, and check where your fund stands with the 2-minute readiness check.\nAccountants and administrators keeping many funds audit-ready can use smsfvaluationready.com.au, an independent B2B service for bulk SMSF valuations with a batch workflow.\nDoes the auditor value the property themselves? No. The auditor checks that the trustees' value is supported by objective, current evidence and reflects market value under SIS Reg 8.02B. Providing the value and the evidence is the trustees' job, not the auditor's. Can trustees prepare the valuation themselves? Yes, in many cases — ATO guidelines allow a trustee-prepared value based on objective and supportable data. For material property, related-party dealings or pension commencement, a qualified independent valuation is expected and much easier to defend. Is a real estate agent appraisal enough for the audit? It can help in an interim year if it comes with the comparable sales behind it. On its own, a one-line agent opinion with no data is a common cause of auditor pushback. A signed independent valuation is the strongest evidence. How recent does the evidence need to be? It should reflect market value for the year being audited. A figure rolled forward unchanged, or evidence that predates a material market move or a change to the property, is likely to be queried. Confirm the expectation with your auditor. What is an Auditor Contravention Report? An ACR is a report the SMSF auditor may lodge with the ATO when they identify a contravention they can't resolve — for example, a material asset with no supportable value. Strong, current evidence is how trustees avoid it. General information only — not financial, SMSF or tax advice. We provide valuations, not advice about your fund. Confirm your fund\u0026rsquo;s audit requirements with its accountant or auditor.\n","date":"11 July 2026","externalUrl":null,"permalink":"/what-auditors-expect-smsf-property-valuation/","section":"SMSF Property Valuation Requirements - Annual Market Value","summary":"Each year your SMSF auditor has to sign off that the fund’s property is recorded at market value under SIS Reg 8.02B. They’re not there to re-value the property — they’re there to check that your value is supported. Here’s what they look for, and how to make sign-off straightforward.\nWhat the auditor is actually checking # The auditor tests whether the figure in the accounts is supportable — that it reflects market value and rests on evidence, not a guess. Broadly they want to see:\n","title":"SMSF Property Valuation for Audit: What Auditors Expect","type":"page"},{"content":"Short answer: fund assets must be reported at market value every financial year — that\u0026rsquo;s SIS Regulation 8.02B. The longer answer is about evidence: how fresh and how independent it needs to be for your auditor to sign off.\nThe annual rule # Regulation 8.02B of the SIS Regulations requires SMSF assets to be valued at market value in the fund\u0026rsquo;s accounts each year. Property is no exception — and because property is usually a large share of fund assets, auditors typically treat it as material every single year.\nWhat auditors actually expect # An annual market value doesn\u0026rsquo;t automatically mean a full external valuation every year. ATO guidance allows trustee valuations based on objective and supportable data. In practice, auditors commonly expect:\nA robust external anchor periodically — an independent, signed valuation, commonly around every 3 years, or sooner where the market has moved materially or the property has changed. Supportable updates in between — evidence-based annual updates rather than the same number rolled forward. More, not less, for property — because it is usually material, weak evidence is a common trigger for auditor pushback, qualified reports or an Auditor Contravention Report (ACR). Every auditor sets their own bar — confirm expectations with your fund\u0026rsquo;s auditor.\nEvents that usually warrant a fresh valuation # Significant market movement in the property\u0026rsquo;s area. Renovations, damage or a change in the property\u0026rsquo;s condition or use. Starting a pension (retirement phase) — balances and caps depend on values. In-specie contributions or transfers involving the property. Related-party transactions of any kind. Preparing the fund for a sale, wind-up or a member exit. Making the annual cycle painless # The pattern that works: an independent, signed valuation as the anchor, diarised to the fund\u0026rsquo;s reporting cycle, with the evidence filed where the accountant and auditor can find it. Our 2-minute readiness check shows where your fund stands, and the order pathway delivers audit-ready reports on an annual cadence.\nCommon questions # Is a real estate agent appraisal enough for the audit? Sometimes, for interim years — but appraisals are opinions, not signed valuations, and auditors increasingly push back where property is material or the number looks stale. An independent, signed valuation is the cleanest evidence. Does the \u0026#34;every 3 years\u0026#34; rule appear in the law? No — the law requires market value every year. The ~3-year external-valuation rhythm is common auditor practice for property, not a statutory rule, and expectations tightened in recent years. Confirm with your auditor. What happens if the auditor isn\u0026#39;t satisfied? The auditor may qualify the audit report and can lodge an Auditor Contravention Report with the ATO — outcomes trustees want to avoid. Strong, current evidence is the prevention. Can trustees do the valuation themselves? ATO guidance permits trustee valuations on objective and supportable data, but for material property holdings an independent valuation is far easier to defend. We provide valuations, not advice about your fund. General information only — not financial, SMSF or tax advice. We provide valuations, not advice about your fund.\n","date":"8 July 2026","externalUrl":null,"permalink":"/how-often-smsf-property-valuation/","section":"SMSF Property Valuation Requirements - Annual Market Value","summary":"Short answer: fund assets must be reported at market value every financial year — that’s SIS Regulation 8.02B. The longer answer is about evidence: how fresh and how independent it needs to be for your auditor to sign off.\nThe annual rule # Regulation 8.02B of the SIS Regulations requires SMSF assets to be valued at market value in the fund’s accounts each year. Property is no exception — and because property is usually a large share of fund assets, auditors typically treat it as material every single year.\n","title":"How Often Must SMSF Property Be Valued?","type":"page"}]