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Building Insurance Valuations

Recent summers have brought increasingly unpredictable and severe weather across Australia, placing significant pressure on the insurance market. Rising premiums and tightening underwriting standards have made it more difficult — especially in Queensland — for bodies corporate to secure adequate and affordable cover.

Ensuring your building is insured for the correct amount is essential:

  • Overinsured: You could be paying more than necessary in annual premiums.
  • Underinsured: Your Body Corporate may be unable to rebuild after a major event such as fire, cyclone, or structural failure.
quantity surveying

Is your Building Insurance Valuation up to date?

Our reinstatement valuations provide a comprehensive and transparent assessment of what it would realistically cost to rebuild your property. Each valuation includes:

  • Demolition and site clearance
  • Full construction cost estimate
  • Rise-and-fall cost escalations
  • Professional fees typically required during a rebuild


All estimates are fully quantified using survey and architectural plans, supported by an on-site inspection and measurement. Accuracy is our priority, giving you confidence that your building sum insured is defensible if queried by an insurer or another owner.

Our point of difference is true transparency. Every valuation includes the measurement data behind our pricing, backed by an internal cost database and industry publications that are updated quarterly to ensure the most current market rates are applied.

Benefits of an Accurate Insurance Valuation

  • Complies with the Body Corporate and Community Management Act (QLD) and Strata Scheme Management Act 1996 (NSW)
  • Ensures full-replacement coverage—no financial shortfalls
  • Helps avoid inflated premiums
  • Protects asset values and keeps your scheme up to date
  • Provides peace of mind for all owners

Stay protected with a valuation you can trust.

Contact us today on 0400 161 659 or book online for a free quote.

Get in touch

Questions? We’re here to help.

Our Offices

Varsity Lakes | QLD 4227

Sunshine Coast | QLD

Contact

0400 161 659

admin@olivetreeconsultinggroup.com.au