Valstar Valuations: Comprehensive Assessment for 8 Perry Street, Dundas Valley NSW 2117

Valstar Valuations has completed a comprehensive Market Value, Book Value (IVS), and Insurance Replacement Cost assessment for 8 Perry Street, Dundas Valley NSW 2117. This significant holding—previously a two-level institutional NDIS care facility—was analysed under multiple bases of value to support financial reporting, redevelopment feasibility, and insurance compliance.

📍 Key Valuation Outcomes (as at 4 November 2025)

• Market Value (Highest & Best Use — Redevelopment): $*6.xxx million*

• Book Value (IVS, Land + DRC of Improvements): $2x,x million

• Insurance Replacement Cost (Reinstatement): $2x.x million

  
  

🏘 Why This Property is Significant

This property holds substantial value for several reasons:

• It features a 4,315 m² site in R2 zoning with a 0.5:1 FSR, allowing for a 2,157.5 m² GFA.

• There are existing specialised institutional improvements from its previous use as an NDIS facility.

• The site has strong redevelopment potential for townhouse and terrace housing under the recent NSW LMR reforms.

• It is surrounded by improving infrastructure, including the Parramatta Light Rail and Metro West.

  
  

📊 Market Evidence & Rationale

Valstar analysed site-normalised GFA benchmarks across Toongabbie, Oatlands, Carlingford, and Ryde. This analysis produced a calibrated $3,200/m² GFA rate, consistent with current developer underwriting for quality R2 infill sites.

This approach ensures a transparent, evidence-based valuation for decision-makers, boards, and auditors.

🧾 Insurance Replacement Cost (IRC)

Valstar’s IRC schedule incorporates several key elements:

• Replacement Cost New

• Demolition and debris removal

• Escalation

• NCC compliance upgrades

  
  

This ensures total reinstatement coverage aligns with insurer expectations and current construction indices.

⭐ How Valstar Valuations Can Help

Valstar specialises in various valuation services, including:

• Development site valuations

• Church, institutional, and NDIS assets

• Depreciated Replacement Cost (DRC) for financial reporting

• Insurance reinstatement assessments

• IVS-compliant reporting for auditors, boards, and committees

  
  

With over 25 years of expertise, we deliver accurate, conservative, and defensible valuations to assist institutions in making informed property decisions.

🔗 Contact Us

If you need assistance with property valuations, please reach out:

📞 0410 439 995

✉️ eddy.ceo.valstar@gmail.com

🌐 www.valstarvaluations.com

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📈 Understanding Property Valuations

Property valuations are essential for various stakeholders, including property owners and investors. They provide insights into the market value of a property, which can influence decisions regarding buying, selling, or redeveloping.

🏗 The Importance of Accurate Valuations

Accurate valuations help in financial reporting and compliance with regulations. They also play a crucial role in securing financing for redevelopment projects. By understanding the value of a property, stakeholders can make informed decisions that align with their financial goals.

🔍 Factors Influencing Property Value

Several factors can influence property value, including location, zoning regulations, and market trends. Understanding these factors can help stakeholders navigate the complexities of property investment.

🌐 Valstar Valuations: Your Trusted Partner

At Valstar Valuations, we pride ourselves on our expertise and commitment to providing accurate property valuations. Our team is dedicated to helping clients understand the value of their assets and make informed decisions.

For more information on our services, please contact us today.