Bank val normally lower, but occasionally on the money with revalues. I look at comparable sales with houses, and also sales within the block for strata
The only gains that matter come from 2 sources:
1. Actual gain locked in when you obtain a sale
2. Gain that comes from a sworn bank valuation that let's you refi cash out for a deposit on another IP
The only gains that matter come from 2 sources:
1. Actual gain locked in when you obtain a sale
2. Gain that comes from a sworn bank valuation that let's you refi cash out for a deposit on another IP
Anyone can cherry pick values from a source which suits their assumed vals - but when push comes to shove, it only matters what someone else will pay, or that a valuer will attribute.
The only gains that matter come from 2 sources:
1. Actual gain locked in when you obtain a sale
2. Gain that comes from a sworn bank valuation that let's you refi cash out for a deposit on another IP