Acumentis has provided restricted property assessments and valuations for commercial, residential and rural property assets for Self-Managed Super Funds (SMSF) since the funds were first allowed to invest in property.

Our extensive team of SMSF property experts is highly experienced and trained to deliver compliant reports for the Australian Taxation Office, in line with government legislation. The team supports you with in-depth local market knowledge, comprehensive market research, data analysis and insights.

What is a SMSF restricted property assessment?

It is a desktop assessment completed by qualified valuation professionals. They use real-time sales and leasing data that ensures an accurate and timely property preview. The assessment assists a trustee in ascribing the market value of the SMSF asset, based on objective and supportable data utilising the appropriate methodology.

Why is an assessment required?

All SMSFs are required to provide a market value of assets held in their fund. In accordance with ATO requirements, SMSFs are audited on an annual basis. As such, it is best practice to ensure that you are relying on current and relevant information to assist.

How often is an assessment required?

To comply with relevant super law the market value of an asset is required to be reported by the trustee on an annual basis at 30 June each year.

Why choose Acumentis

Working with fund managers and auditors to provide you efficient and compliant reporting.

Turnaround times

Receive your assessment within 2 working days of receiving compliant documentation.

Reputation

Australia’s only independent property valuation and advisory services firm listed on the Australian Stock Exchange with decades of experience in providing compliant valuations and assessments for SMSF reporting.

Coverage

With over 300 qualified valuers across 40 offices throughout metropolitan, regional and rural Australia we’ve got you covered.

Cost effective

Affordable assessments that provide reliable and compliant data.

SMSF property assessment
fee structure

Residential Property Value FY2020 – 2021
Asset Value Assessment Cost Tenancy
Up to $1 Million $200 (Inc GST) Single residential property
Over $1 Million Request a quote
Commercial Property Value FY2020 – 2021
Asset Value Assessment Cost Tenancy
Up to $2 Million $500 (Inc GST) Up to two tenants
$2 – $3 Million $750 (Inc GST) Up to two tenants
> $3 Million, complex or retrospective Request a quote
Agribusiness Property Value FY2020 – 2021
Asset Value Assessment Cost Tenancy
Up to $2 Million $500 (Inc GST) Rural lifestyle, grazing, dryland farming
$2 – $5 Million $750 (Inc GST) Rural lifestyle, grazing, dryland farming
> $5 Million, any value or specialised Request a quote

Terms & Conditions Apply*

SMSF FAQ's

SMSF managers must prepare annual financial accounts and statements including a valuation of any property assets to confirm a fund has complied with relevant super law.  Fund assets are to be valued at their market value at 30 June each year.  

When it comes to valuing property assets, the two most important considerations for trustees are the valuation approach adopted and the timing of the assessment. Having objective and supportable data demonstrating market value and the valuation methodology used will enable compliant reporting.

The ATO recommends funds consider the use of a qualified independent valuer if the value of the asset represents a significant proportion of the fund's value or, the nature of the asset indicates that the valuation is likely to be complex or difficult. 

A common hurdle encountered is gaining access to current and relevant supporting data to demonstrate market value comparison. The cost and timing associated with obtaining third party advice in relation to this task is often the biggest hurdle.  The efficiency of the Acumentis SMSF Property Assessment aims to overcome this, in a timely and cost effective way.

In line with reporting requirements fund assets should be valued at 30 June each year.  ATO guidance recommends that a trustee should consider an external assessment after a significant event which may include macro-economic events, market volatility or a natural disaster. 

Acumentis believes that COVID-19 could be considered a significant event and recommends that trustees take this into consideration when preparing this year’s financial reports. 

Acumentis provides the detailed market data and methodology required to comply with ATO reporting and super law requirements. Our national team of registered valuers brings a wealth of expertise, local and asset-specific knowledge and insights to the process, that may be missed if using other third party providers 

Acumentis delivers SMSF assessments in a timely and cost effective manner. Assessments are delivered within two business days from receipt of a compliant engagement form, that is easily completed online.