We provide independent, fully compliant insurance property valuations and replacement cost assessments for commercial, industrial, strata, and residential assets. Our certified team delivers accurate reinstatement value reports across the Central Coast, Newcastle, and Hunter regions.
We tailor our advice to your needs.
Straightforward advice.
Open and clear communication.
We have 25+ years of industry experience.
Maintaining an accurate insurance sum insured is vital to protecting real estate assets against catastrophic damage, fire, or total loss. Rapidly escalating construction material costs, labour shortages, and updated building codes have driven construction costs up, leaving many property owners and strata schemes severely underinsured without realising it. In the event of a claim, under-insurance can trigger co-insurance clauses, leaving asset owners to pay significant out-of-pocket gaps.
At MDA Property Valuers, our Certified Practising Valuers provide detailed, independent Insurance Replacement Cost Valuation reports (Reinstatement & Replacement Assessments). Backed by over 25 years of regional experience, we ensure your building sums insured accurately reflect actual replacement, demolition, professional fee, and statutory cost realities.
MDA regularly assists:
Statutory 5-year insurance valuations required under the Strata Schemes Management Act 2015 (NSW). Provides compliant reinstatement sum assessments to satisfy Owners Corporation statutory obligations.
Accurate replacement cost modelling for warehouses, offices, and retail complexes. Calculates full building replacement cost, plant item considerations, site clearing, and inflation provisions.
Specialist replacement assessments for historic or non-standard structural builds. Accurately models specialized materials, modern code adaptation costs, and specialist labour rates.
Periodic review of sums insured to account for building cost escalation. Delivers updated replacement assessments to keep insurance policies aligned with market inflation.
Speak directly with our senior insurance valuers in Gosford.
Find answers to the most common questions about our services and pricing.
Under the Strata Schemes Management Act 2015 (NSW), strata managers and Owners Corporations are legally required to obtain a formal insurance valuation at least once every 5 years. However, given recent hyper-inflation in construction costs, many boards opt for updates every 2–3 years.
A formal insurance replacement valuation includes:
Market value is the estimated amount a property would sell for on the open market (which includes land value). Insurance value reflects only the cost to physically rebuild the structures, clear the land, and pay professional fees following a total loss—excluding the underlying land value.
