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Yeah its a little different to your typical student accomodation in that these are fully self contained. No different to any other standard townhouse you would find on the market...its just that its only approved for students. Yes they are fully furnished but utilities are not included and...

Thanks RightValue...that makes sense and your explanation has helped wrap my head around this. Am secretly hoping for a higher rent val. though for our 62m2 townhouse :p

Oh I see ;) Just one other question then....so if our property is for student accommodation purposes (what the development was approved as), would the valuer be looking at other 'normal' residential 2bedroom townhomes as comparables? The reason i ask is because there's only 1 other comparable...

Hi Rightvalue, Thanks for your thoughts. Yes you are correct, the 43m2 unit (upstairs in block of units) is a small 1 bedroom unit and the 62m2 is a small 2 bed townhouse (over 2 levels). the 1 bedder units of 43m2 includes balcony as they are upstairs, our 62m2 2bedders has a ground...

They're a corporate Tenant and its all linked with the whole NRAS thing so to determine market rent, it needs to be done by a valuer (not a PM).

Thanks for that Jake...thats good to hear actually because that sounds like whatever my rental valuation comes in at now, so long as someone's willing to pay that level of rent then its unlikley a valuer will dispute later down the track (when a re-valuation is done in a few years time).

I'm more interested in the technique applied to derive a rental valuation. I believe a PM would be a better way to go and more accurate given they are doing it day in day out but unfortunately our 'Tenant' requires a rental valuation conducted by a 'licensed valuer' :mad: Bit complicated...

Hi All, Just wondering if there's any valuers on SS that may be able to assist answer some questions? Situation: I need a valuer (not a property manager) to provide a rental valuation. My question is how or what is a rental valuation based on? i.e. With residential sales, i know the...