Bonatti v Valuer General [2007] NSWLEC 261

Bonatti v Valuer General [2007] NSWLEC 261

The most relevant comparable sales are those similar in location and characteristics to the subject site without significant value-enhancing attributes such as water views or proximity to the village, and on this basis the respondent's valuation of $23,800.00 properly reflects the land value as at 1 July 2005.

Source-derived case information.

Jurisdiction
Australia
Judgment Date
22 May 2007
Procedural Posture
Appeal / Judgment
Outcome
Appeal dismissed
Legal Topics
['land Valuation' 'comparable Sales Analysis' 'local Environmental Planning']
['property Law'] ['land Valuation' 'comparable Sales Analysis' 'local Environmental Planning']

Source-derived case record

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Procedural Posture

Appeal / Judgment

Legal Issues

  1. 1 ['What is the proper land value of part Lot 4 DP 13357 Carrington Road, North Arm Cove as at 1 July 2005?' 'Whether the comparable sales relied on by each valuer are relevant to the assessment of value.' 'The significance of zoning and building entitlement for valuation purposes.']

Ratio Decidendi

The most relevant comparable sales are those similar in location and characteristics to the subject site without significant value-enhancing attributes such as water views or proximity to the village, and on this basis the respondent's valuation of $23,800.00 properly reflects the land value as at 1 July 2005.

Court Disposition

Appeal dismissed

Orders

  • ['The Appeal is dismissed.' 'The Land Value of part Lot 4 DP 13357 Carrington Road, North Arm Cove at 1 July 2005 is $23,800.' 'No Order is made as to costs.' 'The Exhibits are returned.']