The Local Plant & Equipment Valuation Experts.

Plant and Equipment Valuation VIC is the trusted and reliable valuation company for any plant and equipment valuation in Melbourne. Our team of valuers are spread throughout Victoria with P&M specialists in areas such as Brighton, Craigieburn, Dandenong, Glen Waverly, Geelong, Werribee, and Warragul. No matter the industry of your business, we have the expert valuer that’s right for you and your situation.

Proudly an independent company that is free to prioritise the needs of our clients and not the interests of an outside third party. Providing an honourable service to our clients is our main goal and we take it very seriously. We promise to be a valuation firm of integrity, that you can rely on for all your plant and machinery valuations. There are many services we can provide, and the following are three key services ordered by our clients.

Our PP&E Services

Asset Valuations

Valuating the assets of your company is inevitable, whether it is for taxes, insurance or creating or updating an asset register, you will at some stage require a professional asset valuer to assess your assets.

Plant & Equipment (PP&E)

A valuation of a business' property, plant and equipment. These items must be valued by a certified valuer with the necessary education, training and experience that is required for a professional valuation.

Machinery Valuations

Machinery valuation is a specialised service that requires expert valuers. We have general machinery valuers to cater for all businesses and valuers that specialise in machines of a particular sector.

The valuers at Plant and Equipment Valuation VIC adhere to the strict codes of practice, conduct, and ethics established by the Australian Property Institute (API). Each Certified Practising Valuer (CPV) of Plant & Machinery (P&M) on our team has over 20 years of hands‑on experience, with many also holding AVI and RICS qualifications. This exceptional level of expertise ensures unmatched efficiency and professional quality in every valuation, so you can trust that you are receiving a service of the highest moral and industry standards.

We offer our services with quick turnarounds that never compromise the accuracy of our asset valuations. Every report is transparent and comprehensive to assure you our valuation is correct and true. We understand the importance of our service and as such our team continues to develop their skills as professional equipment valuers. A valuation report from us is a reliable document that has been legally certified and fit for any formal use such as tax or litigation.

Our Valuation Standards.

As professionals in our field, we stay up to date with all regulations and standards. These standards come from many boards, councils, and institutions. Most notably we follow the standards of the Royal Institution of Chartered Surveyors (RICS), the Australian Property Institute (API) and the Australian Accounting Standards of the Australian Accounting Standards Board (AASB).

Here are some of the standards our valuations may follow:

• RICS: VPGA 5 – Valuation of Plant and Equipment, VPGA 3 – Valuation of Businesses and Business Interests
• API: ANZVGP 302 – Valuations of Real Property, Plant & Equipment for Use in Australian Financial Reports, ANZVGP 102 – Market Value of Property, Plant & Equipment in a Business
• AASB: AASB 13 – Fair Value Measurement, AASB 116 – Property, Plant and Equipment

PP&E Valuation Definitions.

When you are new to valuations, especially plant and machinery valuations, there is bound to be a slew of unfamiliar terms. While our expert valuers do try to communicate and speak plainly to ensure there’s no miscommunication, here are some plant and equipment valuation definitions that may be useful to know:

• Plant and Equipment: A term that is used to refer to all tangible (fixed) assets of a business. These assets can be property, equipment, machinery, and other items that are essential to the operation of a business that is neither sold nor consumed.
• Plant & Machinery Valuer: A valuer with the necessary training and experience to specialise in the valuation of property, plant and equipment. Plant & Machinery is a term that is interchangeable with plant and equipment.
• Valuation: An evidence-based process of determining the value of an asset at a certain date. This must be conducted by a qualified valuer.
• Market Value: The estimated monetary value of an asset for which it can be exchanged between a willing buyer and a willing seller through an arm’s length deal.

Valuer Methodology.

Plant and machinery valuers may use multiple valuation methods to provide the most precise and relevant valuation report for their clients. There are three methodologies that we use frequently here at Plant and Equipment Valuation VIC. These three main methodologies are:

• Comparison Approach: A valuer will examine the transactions of assets that are comparable to your own. The purchase price or other value given to these assets at the time of the transaction is used in a valuer’s calculations for the market value of your property, plant and equipment.
• Income Approach: The annual net operating income of the asset is used in the calculations of value using this approach. This is the income an asset generates minus any expenses and liabilities.
• Cost Approach: A sum of all the variables that factor into the value of property, plant and equipment. These variables include age, size, use, model, and all other relevant information about the asset.