Study to Become a Real Estate Valuer
Study a bachelor of property valuation for 3 years and become a property valuer in residential, commercial and public sectors in Australia. Learn practical and theoretical skills and how to practice of property valuation is underpinned by legislation, regulation and legal precedents.
A Property Valuer assesses properties for various purposes, such as buying, selling, leasing, financing, taxation, or insurance. In residential sectors, they inspect and analyze data to prepare valuation reports and provide expert advice to clients. In commercial sectors, they gather information on office buildings, retail stores, and warehouses, research and analyze data to prepare valuation reports, and offer advice to clients such as investors and developers. In the public sector, they assess government buildings, parks, and public utilities and provide advice to government agencies. Overall, Property Valuers provide accurate and reliable valuations to support informed decision-making in the property industry.
More about Studying to become a Property Valuer in Australia:
Job outcomes in Australia studying a Bachelor of Property Valuation:
- Property Valuer
- Real Estate Valuer
- Real Estate agent
How do I become a property valuer in Australia?
To become a Property Valuer in Australia, you typically need to follow these steps:
- Obtain a relevant degree: You will need to complete a relevant degree program in property valuation, such as a Bachelor of Property Valuation or Bachelor of Property Economics. Alternatively, you may complete a degree in a related field, such as real estate, and then obtain a postgraduate qualification in property valuation.
- Gain work experience: Property Valuation is a highly competitive field, and work experience is crucial for building a successful career. You may start by working as a trainee or junior valuer in a property valuation firm, government agency or property consultancy.
- Complete a traineeship program: Traineeships are a common pathway for those who want to become registered property valuers. A traineeship involves completing on-the-job training and assessments, under the supervision of a registered valuer.
- Apply for registration: To become a registered property valuer in Australia, you need to apply to the Australian Property Institute (API), which is the national professional body for property professionals. The API sets the professional standards for valuers and manages the registration process.
- Maintain ongoing professional development: To maintain registration with the API, you must complete ongoing professional development activities, which ensures that you stay up-to-date with industry developments and maintain your professional knowledge and skills.
It's important to note that the specific requirements for becoming a Property Valuer may vary depending on the state or territory in which you plan to work.
How much do property valuers make in Australia?
The salary of Property Valuers in Australia varies depending on factors such as experience, qualifications, location, and employer. The median annual salary for valuers, appraisers, and assessors of real estate in Australia is $80,000 AUD, with a range between $49,000 AUD and $135,000 AUD. However, experienced and senior Property Valuers in large metropolitan areas or with specialised skills or expertise may earn significantly higher salaries. The demand for Property Valuers in Australia is generally high, particularly in the major cities and regional areas, which can also impact salary levels.
Are valuers in demand in Australia?
The demand for Property Valuers in Australia varies depending on factors such as location, economic conditions, and industry trends. However, the overall outlook for Property Valuers in Australia is positive, with a steady demand for their services in both the private and public sectors.
In recent years, the property market in Australia has been relatively strong, which has driven demand for Property Valuers. Additionally, the government's infrastructure investment plans, particularly in regional areas, have also created demand for valuation services.
Overall, the demand for Property Valuers in Australia is expected to remain steady in the medium to long term, providing opportunities for those pursuing a career in property valuation.
Can I get a Student Visa studying a Real Estate Valuer Course in Australia?
Yes, it is possible to obtain a Student Visa to study a Real Estate Valuer Course in Australia, provided that you meet the eligibility requirements set by the Australian Department of Home Affairs.
To be eligible for a Student Visa, you must have been accepted into a registered course of study in Australia, provide proof of enrolment, and meet other requirements such as English language proficiency and financial capacity.
Additionally, the course you intend to study must be registered with the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS), which ensures that the course meets the quality standards and provides a recognized qualification in Australia.
You may also need to provide evidence of your intent to return to your home country after completing your studies, such as ties to your home country or a genuine temporary entrant (GTE) statement.
It's important to note that the Student Visa application process can be complex, but don't panic!
Study Destination is here to help you through the whole process, accompanying you and making your life easier. Contact us and start making your dream come true!