Valuations are used for many purposes including
setting limits for the sale and purchase of properties, setting rental levels,
and determining compensation following the compulsory acquisition of property.
Valuer-General Victoria (VGV) is the state's
independent authority on property valuations. VGV oversees all significant
government property valuations and council rating valuations. If you need a
valuation of your property, you should contact the Australian
Property Institute on (+61 3) 9644
7500 or look up a valuer in the Yellow Pages.