02 Nov TA:14 Valuations, Apartments & the Royal Commission…
With the recent Royal Commission into financial institutions being felt by all new lenders, the role of valuers is also in the spotlight to see how they are interpreting the market slow down.
The valuation profession forms the bedrock of the property advisory profession and has done for ever.
The discipline of valuations methodology and logic enables valuers to make sense of any market conditions, property type, and valuation purpose.
Like all professions there are specialists and when I had the opportunity to talk to an apartment specialist valuer I had to jump at it.
Damian Kininmonth has been a valuer for over 30 years and is a Director with Preston Rowe Patterson who span every state in the country with 23 offices.
We sat down to chat about how valuers are navigating though the current apartment market and how he sees the outlook for apartments.