House valuations

Hi karlm63,
You can get an indictive market value from a real estate agent. For lending purposes, the lender will get a valuation using a registered valuer.
You could also look at reports from rpdata.com.au, residex.com.au, etc to get an indicative valuation for your property. These reports will cost you around $40.
Hope this helps.
Sanjiv
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“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.” – Nelson Mandela

I’ve found that with my lender, if a ask to upstamp my mortgage to an amount that is less than 80% of the indicative value of the property, that I tell them, that they will lend me the money without even getting a valuation.
Although last time I did that I actually asked for 80.5% and they were forced (based on their rule and cost me $200) to do a valuation. It came back at $20k more that a real estates valuation from 6 weeks earlier. Bonus

Mal

Getting out of your comfort zone, can help you become comfortable