All Topics / Help Needed! / method to valuate townhouse land valuation

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  • Profile photo of JohnJohn
    Join Date: 2019
    Post Count: 1

    G’day fellows,

    I am new to the whole world of investment, and i am still learning. :)

    Can i ask if I would like to buy a townhouse, is considering the land valuation worth doing it? if so, what’s the right way to calculate the approximation of the land value?

    For example, on qld land valuation site ( , the land is 1.5ha and valuate at $4,100,000 and the townhouse has 392m2 of land and the building is 20yo. I wonder what method you guys evaluate to spot if the asking price is a good deal or bad deal?

    Thanks in advance.

    Profile photo of Scott No MatesScott No Mates
    Join Date: 2005
    Post Count: 3,856

    You look for comparable sales – ie other 3 bedroom townhouses nearby.

    Land value means precious little unless the site is massively underdeveloped.

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