Company Profile

Knoxbridge was established to:

  • Meet the market’s need for qualified information in this highly specialised area.

  • Reflect the growing appreciation that prestige property values follow their own unique course when compared to the broader property market.

  • Bring the high level of skill and expertise that is required to interpret the widely variable and subjective marketplace that is Sydney’s finest houses and apartments.

  • Understand the complexities and vagaries in this market through experience gained in previous booms / busts / cycles.

Knoxbridge believes that it is essential to specialise in the prestige market full time because:

  • The diversity of prestige residential property is such that niche markets exist from suburb to suburb, from pockets within suburbs and from within price ranges.

  • Property types come in and out of favour as do styles, accommodation requirements, finishes and inclusions ranging down to the brand choice of appliances.

  • Mass appraisal and the normal rules and valuation techniques applied to general property do not always apply to the individual characteristics of the prestige residential market.

  • It is no longer within the scope of a valuer to accurately follow all market sectors.

What makes prestige residential valuation differ from general property valuation?

  • The general property market is essentially an objective one whereby rates per square metre, rents, yields and replacement cost form the usual tools of trade for a valuer.

  • The market for prestige residences on the other hand, is very much a subjective one and values can range enormously between buyers and sellers depending on many factors.

  • Because of the nature of the people in the prestige market, there is often a high degree of confidentiality and other consideration involved in sales, adding further complication to ascertaining the facts behind transactions.

  • A high degree of experience, depth of knowledge and expertise are essential in gauging the appeal and marketability of each property before an accurate assessment can be made of its value.