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What key factors contribute to a property's value?

There are many factors that contribute to a property's value - the most influential of which is the land component. The land size, location, topography, shape and aspect can, in some instances, account for up to 70% of a property's value. The land component will also appreciate where building structures will always depreciate.

Other factors that can influence the value of a property include architectural style and uniqueness, design and layout, potential for future development or renovation, the number of bedrooms and bathrooms and the quality of fixtures and fittings, just to mention a few.

If you need a valuation for a residential or commercial property please submit an enquiry or call WBP today on 1300 302 581 for a quote. And for more information visit our property valuations page.