SMSF Valuation
SMSF Property Valuation
Annual and acquisition valuations for self-managed superannuation fund property assets, meeting ATO and SMSF auditor requirements.
Overview
What is a SMSF Valuation?
Self-managed superannuation funds that hold residential property are required to value those assets at market value each year for the purpose of preparing the fund's financial statements and annual return. The ATO requires that the valuation be based on objective and supportable data, and SMSF auditors require evidence of the valuation methodology.
Neon Bridge provides annual and acquisition valuations for SMSF-held residential property in NSW. Our reports are prepared using comparable sales evidence and a documented methodology that meets the requirements of the ATO's Valuation Guidelines for SMSFs. We work directly with SMSF trustees, accountants, and auditors.
Who Needs This
Is this valuation right for you?
- SMSF trustees who hold residential property in their fund and need an annual valuation
- SMSF trustees who are acquiring residential property and need a valuation at the date of acquisition
- SMSF accountants who need a documented valuation to support the fund's financial statements
- SMSF auditors who require evidence of the valuation methodology for audit purposes
- SMSF trustees who have not had their property valued in recent years and need to catch up
What We Provide
What is included in your report
- Written valuation report with a stated market value at the relevant date
- Comparable sales evidence from the relevant period
- Documented methodology consistent with ATO Valuation Guidelines for SMSFs
- Signed report suitable for use in SMSF financial statements and audit
- Report prepared by a Chartered Accountant and licensed NSW real estate agent
Documentation
What you need to provide
No site visit is required. We complete your report using publicly available data and the information you provide.
Property address
The valuation date required (typically 30 June)
SMSF name and trustee details
Any known improvements made to the property
Previous year's valuation (if available)
FAQ
Common questions
How often does an SMSF need to value its property?
The ATO requires SMSF trustees to value all fund assets at market value each year for the purpose of preparing the fund's financial statements and annual return. In practice, this means an annual valuation as at 30 June each year.
What does the ATO require for an SMSF property valuation?
The ATO's Valuation Guidelines for SMSFs require that the valuation be based on objective and supportable data. This means a written report with comparable sales evidence and a documented methodology. A real estate agent's appraisal letter is generally not sufficient for audit purposes.
Can you provide valuations for multiple years?
Yes. If your SMSF has not had its property valued in recent years, we can prepare valuations for multiple years using historical comparable sales data. Contact us to discuss your specific requirements.
Do you work directly with SMSF auditors?
Yes. We are familiar with the requirements of SMSF auditors and can provide reports in a format that meets audit requirements. We are also happy to respond to auditor queries about our methodology.
Also Available
Related services
Get started today
Ready to order your report?
Submit your enquiry and we will confirm the fixed fee and turnaround time. Your report will be ready within 48 hours of receiving your documentation.
Request a Valuation