For first-time landlords

Cost base property valuations across Townsville.

The day a home first earned rent, its value that day became your cost base. We establish that figure and evidence it, whenever the day fell

$169Current or retrospective
✓ Fixed price✓ No callbacks✓ Dated to the day it was let
EVERY REPORT INCLUDES
Signed by a registered valuer
Valued as at first-income date
Retrospective assessments standard
s118-192 market value substitution
PDF delivered by email

Do not have the exact date the letting began? A lease, a bond lodgement or the first rent statement will usually settle it.

When a Townsville cost base property valuation is needed

🔑

A tenant moved in

More than a third of Townsville dwellings are tenanted, and a great many of them were somebody's home first. That changeover day is the one that counts.

📦

The job moved, the property stayed

Contracts and transfers move people around this city regularly. If you kept the property and let it, its value on the first day of tenancy is the figure you carry.

🛏

Part of it earns rent

Letting a room or a separate flat counts too. A signed valuation gives your accountant something to apportion from.

Here is how a Townsville cost base property valuation runs.

Current or retrospective for most orders
STEP 1

Submit your property

Enter the address, confirm the valuation date and details, pay securely online.

STEP 2

Valued at the first day of letting

The valuer works to the sales evidence that existed on that date, not to what the property is worth now.

STEP 3

Receive your PDF report

We email your report the moment it's ready, no chasing required.

Townsville answers on a cost base property valuation.

What does a cost base valuation report establish?+

It provides an evidenced market value at the date a tax rule sets or resets the property's value for cost base purposes. Your accountant then applies that value with the other allowable cost base elements relevant to your circumstances.

Why might I need a valuation at 1 July 2027?+

The 2026-27 CGT reforms use 1 July 2027 as the transition point for gains accruing under the new indexation arrangements. If the transitional rules apply to your asset, a contemporaneous market valuation can evidence the value used for that date. Confirm eligibility with your tax adviser.

Can you prepare the cost base valuation after the relevant date?+

Yes. A retrospective report can reconstruct market value at a past date using period sales and available property evidence. Ordering earlier can make records easier to obtain, but a later report is still possible where suitable evidence exists.

Can this report value a home when it first became a rental?+

Yes. Where the home first used to produce income rule applies, the required market value may be the value on the first income-producing date. Ask your accountant to confirm that the rule applies and provide that exact date in the order.

Can it support an inheritance, gift or below-market acquisition?+

Yes, the report can establish market value for an instructed date where a tax rule substitutes market value for the amount paid. The applicable date and treatment vary, so obtain advice before choosing the valuation instruction.

Does the report include renovation and ownership costs?+

The report values the property at the instructed date. It does not replace your records of stamp duty, legal fees, capital improvements, selling costs or other cost base elements. Give those records to your accountant for the full calculation.

Can pre-CGT property be valued for the new arrangements?+

A valuation can evidence market value at the relevant transition date where the new rules bring later gains into the CGT calculation. The treatment of a specific pre-1985 asset can be complex, so confirm the instruction and eligibility with your tax adviser.

Can the report help apportion cost base after a subdivision?+

A valuation can support a market-based allocation between lots or interests when that is the agreed scope. Tell us about the subdivision, relevant dates and titles so the valuer can confirm whether a standard report or a tailored instruction is required.

What makes the valuation evidence defensible?+

The report identifies the asset and valuation date, explains the basis and methodology, analyses relevant comparable sales and records the valuer's signed conclusion. It supports the market value input but does not guarantee a particular ATO outcome.

What information should I send with the order?+

Provide the exact valuation date and reason, ownership details and any plans, leases, photos or renovation records relevant to the property's condition at that time. Your accountant's written instruction is especially helpful for unusual cost base events.

Fix the starting figure once.

Get it signed properly and you never have to reconstruct it later.

Order cost base valuation. $169 Talk to a valuer