Unit Entitlement Valuations

IPN Valuers provide Unit entitlement Valuations to Owner Corporations to determine the share of ownership that each owner has in the common property of the strata scheme. The results of these valuations are used to determine levies and voting rights for each owner and is essential to ensure that each owner's contributions to the scheme are fair and equitable.  

What We Do

IPN Valuers commonly conduct these services for new developments or existing schemes with disputes over unit entitlement allocations. This service involves the calculation and allocation of unit entitlements to individual lots within a strata scheme based on their relative market value.

For new developments, IPN Valuers typically carry out the valuation before the registration of the strata scheme. This valuation assessment takes into account the market value of each lot in the development, based on factors such as location, size, and any special features or amenities. This process ensures that each owner's unit entitlement is proportionate to the value of their lot and that the levies and voting rights are distributed fairly.

However, for existing strata schemes, often IPN Valuers perform these valuations after a dispute   over unit entitlement allocations. These disputes often arise due to changes in the market value of individual lots, errors in the original allocation, or disagreements among owners. These valuations are then required to rectify any unfair or incorrect allocations and ensure that each owner's contributions to the scheme are equitable.

Our Fee Structure

Assets ValueCostCost inclusive of
Rent Assessment
Current Use
Up to $1 Million$225(+GST)*$325 (+GST)*Single residential property
Over $1 MillionRequest a quoteRequest a quote
Multi-Unit/Tenancy PropertyRequest a quoteRequest a quote
Residential Property / + Rent Assessment
Assets ValueCostCost inclusive of
Rent Assessment
Up to $1 Million

$450 (+GST)*

$650 (+GST)*

Single tenant (third party/related party)
$1 – $2 Million$550 (+GST)*$750 (+GST)*Single tenant (third party/related party)
$2 – $3 Million$650 (+GST)*$850 (+GST)*Single tenant (third party/related party)
>$3 Million or complex properties (including multi-tenant)Request a quoteRequest a quote
Commercial Property / + Rent Assessment
Assets ValueCostCurrent Use
Up to $1 Million$500 (+GST)*Lifestyle/Non-specialised
$1 – $2 Million$900 (+GST)*Lifestyle/Non-specialised
>$2 Million or specialisedRequest a quote
Rural Property

* Indicative pricing structure.

The above pricing is for desktop restricted property assessment (FY2023/2024).

Please note that the table summarizes the pricing structure for different property types and asset values, along with associated assessment costs and tenancy types. For some more complex commercial properties(including multi-tenant or specialised properties) customized quotes are necessary. 

IPN Terms & Condition apply

What Our Clients Say

We've provided expert valuations and dedicated service to businesses, families and individuals across the regions.

"Very impressed with the personable & genuine experience I had with the Team at IPN Valuers Mid Coast. Local knowledge & experience is a must in this industry."


From Mid Coast

"Very prompt and professional service. Provided a detailed report. First time using a valuer but would definitely recommend IPN Rockhampton."


From Rockhampton

"Great experience, all my clients have been very happy with the services provided by David and Peter."


From Albury Wodonga

"Stephen has carried out a few valuations on some of my commercial properties. I was happy with his professionalism, ease of communication and I would certainly recommend his services."


From Ballarat

"Outstanding service, very knowledgeable with all aspects of market. Highly recommend."


From Mid Coast

"Very professional service, prompt and through with the valuation. A pleasure to do business with."


From Mid Coast

"Very helpful in me reaching my deadline, great communication and professional report. Highly recommend."


From Gympie