⭐ 8 Perry Street Dundas Valley Valuation

Edward Wong
Dec 1
2 min read

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

• 4,315 m² site in R2 zoning with 0.5:1 FSR → allowable 2,157.5 m² GFA• Existing specialised institutional improvements (NDIS facility)• Strong redevelopment potential for townhouse/terrace housing under NSW LMR reforms• Surrounded by improving infrastructure (Parramatta Light Rail, Metro West)

📊 Market Evidence & Rationale

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

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

🧾 Insurance Replacement Cost (IRC)

Valstar’s IRC schedule incorporates:• Replacement Cost New• Demolition & debris removal• Escalation• NCC compliance upgrades

Ensuring total reinstatement coverage aligned with insurer expectations and current construction indices.

⭐ How Valstar Valuations Can Help

Valstar specialises in:• Development site valuations• Church, institutional & NDIS assets• Depreciated Replacement Cost (DRC) for financial reporting• Insurance reinstatement assessments• IVS-compliant reporting for auditors, boards & committees

Backed by 25+ years of expertise, we deliver accurate, conservative, defensible valuations to assist institutions in making informed property decisions.

📞 0410 439 995✉️ eddy.ceo .valstar@gmail.com🌐 www.valstarvaluations.com