Peter Ferrier
Overview
Peter Ferrier has worked in the property valuation industry since 2008 and has expertise across all major property classes and purposes.
Valuations have been prepared for various courts and tribunals including the Federal Circuit and Family Court of Australia, County Court, Victorian Civil Administrative Tribunal, Land and Environment Court NSW and the Supreme Courts in both VIC & NSW. Peter is experienced in providing verbal testimony under cross-examination at trials.
Experienced in compulsory acquisition compensation assessments having managed over 100 matters across VIC, NSW & QLD, representing both dispossessed owners and government departments. Sovereign Valuations is upon the Valuer General Victoria and Valuer General New South Wales panels.
• Experienced in development feasibility modelling including projects over $450 million.
A cross-section of properties valued include:
• Batman’s Hill on Collins hotel site – Melbourne CBD (over $70 million)
• Confidential Melbourne CBD mixed use hotel/retail project with gross realisable value over $450 million
• Arden Street, North Melbourne development site (over $90 million)
• Victorian Archives Centre – North Melbourne
• Churchill-Waverley Golf Club – Rowville
• ‘The Point’ restaurant and function centre – Albert Park
• Goulburn Court House – Goulburn
• Federation University – Berwick
• Confidential Toorak holding (over $60 million)
• A cross-section of engagements for litigious matters include:
• Neerup v Owners Corporation Plan No. RP009465 (Owners Corporations) [2023] VCAT 537 (12 May 2023). Market valuation to determine the loss of market value suffered by a unit within an owners corporation attributable to a proposed neighbouring unit redevelopment.
• JJJP Properties Pty Ltd v Colin Peacock & Ors [2024] VCC 471 (17 April 2024). Market valuation of a poultry farm due to non-performance of contract.
• Victorian WorkCover Authority v Baldwin & Ors [2021] VSC 667 (27 October 2021). Market valuation of three assets which facilitated freezing orders.
• Shadow expert valuation of two leasehold interests within the Melbourne Market which contributed to a >50% reduction in the single expert opinion.
• Market valuation of easement impacted land relating to an adverse possession claim heard in the County Court.
• Market valuation to determine the loss of market value attributable to the loss of northern light from an adjoining development.
• Market valuation of an R4 Zone development site in Marrickville prepared for the Supreme Court (NSW).
• Market valuation of a serviced apartment building in Williamstown prepared for the Supreme Court (VIC).
• Assessment of the ‘estimated selling price’ in accordance with the Estate Agents Act 1980 across a range of properties for potential litigation purposes.
• In addition to major property classes, experience is held in valuing advertising signage, childcare centres, service stations, serviced apartment buildings, Crown land (including seabed rents for private jetties), poultry farms and others.
• Experienced in valuing trade related properties and going concern analysis with skills supported by postgraduate finance studies. Peter has provided a presentation to the legal industry on the topics of leasehold interest valuations and trade related properties.
Contact: 0433 614 202 / [email protected]
Website: www.sovereignvaluations.com.au
Background
| Member type | Associate |
| Areas of Expertise | Mediation , Valuation - Bank , Valuation - Business , Valuation - Childcare Centres , Valuation - Commercial , Valuation - Compensation & Resumption , Valuation - Expert Witness , Valuation - Government and Statutory , Valuation - Heritage Properties , Valuation - Industrial , Valuation - Medical Centres , Valuation - Rent Reviews , Valuation - Residential , Valuation - Retail , Valuation - Service Stations , Valuation - Signage |
| Post Nominal | AAPI |
| Areas of Service | Adelaide, SA , Albury, NSW , Brisbane and Moreton, QLD , Central Coast, NSW , Clarence River and Coffs Harbour, NSW , Far North, NSW , Far South Coast and Monaro, NSW , Gippsland, VIC , Gold Coast, QLD , Grampians, VIC , Great Ocean Road, VIC , High Country, VIC , Limestone Coast, SA , Melbourne, VIC , Murray, VIC , Sydney and Blue Mountains, NSW |
| Certifications | Certified Practising Valuer |
Contact Information
Peter Ferrier
Director
Direct Phone
