Jamie the value came in at $515, I was hoping for something above $550k. (Excuse typo above saying $45k instead of $35k) I'll be in touch with my mortgage broker today to see where I sit with the lower value. The valuation was done through CBA. I didn't realise you could get another valuation through a different bank, so I'll discuss that with him, thanks for pointing it out.
Yep - sure can
Depending on the loan amount, property value and LVR - you can sometimes get away with desktop vals too.
Cheers
Jamie