API has released its policy platform for the Victorian election on 28 November 2026, calling on all parties and candidates to commit to six reforms that ensure the valuations Victorians rely on are carried out by qualified professionals and are independent, trustworthy and defensible.

The six reforms are:

  1. Require an independent valuation, disclosed to buyers, before every home is listed for sale.
  2. Write independent valuation into every state housing program where public money or a government guarantee is at risk.
  3. Require disclosure and independent oversight whenever AI or automated tools are used to value property in Victoria.
  4. Fund cadetship and graduate pathways so Victoria has the valuers its housing, planning and tax reforms need.
  5. Work with the valuation profession during the building code pause so properties can be valued accurately once higher building standards come in.
  6. Back a specialist framework for valuing Aboriginal community housing fairly, and apply it in Victoria.

The first reform is supported by The Victorian Guide Gap, API’s research with Homer, which found that two in three Victorian auction sales landed outside their first advertised price guide in the year to June 2026.

Read the Victorian Election Platform

Read The Victorian Guide Gap