CVO - New XPaths

Value Item Fields

Field

Description

XPATH

Type

Mandatory

Type

Type of Value being provided

/ValuationTransaction/vx:Job/vx:Commercial vx:ValueComponents/vx:ValueItem/@Type

Enum
(see New XPaths for list) 

For Strata with multiple units only

Units

Units being used for the value provided

/ValuationTransaction/vx:Job/vx:Commercial vx:ValueComponents/vx:ValueItem/@Units

Enum
(see New XPaths for list) 

Yes

Basis for Assessment

Basis for Assessment used to determine the value

/ValuationTransaction/vx:Job/vx:Commercial vx:ValueComponents/vx:ValueItem/@BasisForAssessment

Enum
(see New XPaths for list)

Where type is “MarketValue” or “BasisForAssessmentValue”

Lot

Where a value is being provided for a specific lot or unit,this field can be used to identify the unit number

/ValuationTransaction/vx:Job/vx:Commercial vx:ValueComponents/vx:ValueItem/@Lot

String

Where BasisForAssessment is “Lot”

Description

Valuer’s description of the value being provided

/ValuationTransaction/vx:Job/vx:Commercial vx:ValueComponents/vx:ValueItem/@Description

String

No

Point Value

Single Point value.

/ValuationTransaction/vx:Job/vx:Commercial vx:ValueComponents/vx:ValueItem

Decimal

No*

Value Floor

Lower limit for the value item

/ValuationTransaction/vx:Job/vx:Commercial vx:ValueComponents/vx:ValueItem/@ValueFloor

Decimal

No*

Value Ceiling

Upper Limit for the value item

/ValuationTransaction/vx:Job/vx:Commercial vx:ValueComponents/vx:ValueItem/@ValueCeiling

Decimal

No*

* Either a point value or Value Range must be provided.

Lease Fields

Field

Description

XPATH

Type

Mandatory (when providing lease)

Number

Lease number

/ValuationTransaction/vx:Job/vx:Commercial/vx:Lease/@Number

String

Yes

Tenant

Name of Tenant on lease

/ValuationTransaction/vx:Job/vx:Commercial/vx:Lease/@Tenant

String

Yes

Rental Adjustments

Rental Adjustments for lease

/ValuationTransaction/vx:Job/vx:Commercial/vx:Lease/@RentalAdjustments

Decimal

Yes

Lease Status

Current status of the lease

/ValuationTransaction/vx:Job/vx:Commercial/vx:Lease/@LeaseStatus

String

Yes

%  of Income

Percent of income lease represents

/ValuationTransaction/vx:Job/vx:Commercial/vx:Lease/@PercentOfIncome

Decimal

Yes

Remaining Lease Term

Remaining lease Term

/ValuationTransaction/vx:Job/vx:Commercial/vx:Lease/@ RemainingLeaseTerm

String

Yes

Comments

Any comments the valuer would like to add about the lease

/ValuationTransaction/vx:Job/vx:Commercial/vx:Lease/@Comments

String

No

New XPaths

Field
XPath
Type

% of Income

/ValuationTransaction/vx:Job/vx:Commercial/Lease/@PercentOfIncome

Decimal

Adopted Capitalisation Rate - %

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="AdoptedCapitalisationRate"][Units="Percent"]

Decimal

Ancillary Income - Market $

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="AncillaryIncome"][Units="Value"]

Decimal

Approved GFA

/ValuationTransaction/vx:Job/vx:Commercial/@ApprovedGFA

Boolean

Assessment Type

/ValuationTransaction/vx:Job/vx:Commercial/@AssesmentType

Enumeration

Balance Land – $

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="BalanceLand"][Units="Value"]

Decimal

Basis for Assessment Value

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="BasisForAssessmentValue"][Units="Value"]

Decimal

Builder / Contractor

/ValuationTransaction/RelatedPartySegment/RelatedParty[@RelPartyType="Builder"]/PersonName

String

Car Spaces

/ValuationTransaction/Message/ValuationType/FullRegistered/CarAccomodation/@NumberOfVehicles

Integer

Comments

/ValuationTransaction/vx:Job/vx:Commercial/Lease/@Comments

String

CompileCVO

/ValuationTransaction/vx:Job/vx:Commercial/@CompileCVO

Boolean

COS Amount

/ValuationTransaction/Message/ValuationType/FullRegistered/SalesMarket/RecentSale[IsContract="Yes"]/@SalePrice

Decimal

COS Date

/ValuationTransaction/Message/ValuationType/FullRegistered/SalesMarket/RecentSale[IsContract="Yes"]/Date

Date

CVO Use

/ValuationTransaction/Identifier[Description="CVOUse"]/@UniqueID

Enumeration
(Mandatory, Optional, Prohibited)

CVO Cut Off /ValuationTransaction/Identifier[Description="CVOCutOff"]/@UniqueID Decimal

Description Of Property

/ValuationTransaction/Message/ValuationType/FullRegistered/SiteDetailResponse/SiteDescription

String

General Comment

/ValuationTransaction/Message/ValuationType/FullRegistered/DetailedComment/Comment 

String

Gross Adjusted Income – Market $/annum

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="GrossAdjustedIncome"][Units="MarketPerAnnum"]

Decimal

Gross Adjusted Income - Passing $/annum

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="GrossAdjustedIncome"][Units="PassingPerAnnum"]

Decimal

Gross Adjusted Income – Passing $/m2

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="GrossAdjustedIncome"][Units="PassingPerM2"]

Decimal

Gross Income – Market $/annum

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="GrossIncome"][Units="MarketPerAnnum"]

Decimal

Gross Income – Market $/m2

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="GrossIncome"][Units="Other"]

Decimal

Gross Income - Passing - $/annum

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="GrossIncome"][Units="PassingPerAnnum"]

Decimal

Gross Income – Passing $/m²

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="GrossIncome"][Units="PassingPerM2"]

Decimal

Gross Realisation $/m2

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="GrossRealisation"][Units="RatePerM2"]

Decimal

Immediate Capital Expenditure

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="ImmediateCapitalExpenditure"][Units="Value"]

Decimal

Improvements Value

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="ImprovementValue"][Units="Value"]

Decimal

Improvements?

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/@Improvements

Boolean

In One Line Assessment

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="InOneLineAssessment"][Units="Other"]

Decimal

Initial Yield - %

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="InitialFullyLeasedYield"][Units="Percent"]

Decimal

Interest Valued

/ValuationTransaction/vx:Job/vx:Commercial/@InterestValued

Enumeration

Land Value

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="LandValue"][Units="Value"]

Decimal

Land/Site/Strata Area

/ValuationTransaction/Message/ValuationType/FullRegistered/SiteDetailResponse/SiteArea/@Size

Decimal

Last Sale Amount

/ValuationTransaction/Message/ValuationType/FullRegistered/SalesMarket/EarlierSale/@SalePrice

Decimal

Last Sale Date

/ValuationTransaction/Message/ValuationType/FullRegistered/SalesMarket/EarlierSale/Date

Date

Lease Number

/ValuationTransaction/vx:Job/vx:Commercial/Lease/@Number

String

Lease Status

/ValuationTransaction/vx:Job/vx:Commercial/Lease/@LeaseStatus

String

Leasing Up Costs

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="LeasingUpCosts"][Units="Value"]

Decimal

Let Up Allowance

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="LetUpAllowance"][Units="Value"]

Decimal

Market Value

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="MarketValue"][Units="Value"]

Decimal

Market Yield - %

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="MarketYield"][Units="Percent"]

Decimal

Net Income – $

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="NetIncome"][Units="Value"]

Decimal

Net Income - Market $/annum

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="NetIncome"][Units="MarketPerAnnum"]

Decimal

Net Income - Passing - $/annum

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="NetIncome"][Units="PassingPerAnnum"]

Decimal

New Tenant Incentives

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="NewTenantIncentives"][Units="Value"]

Decimal

Number of Units

/ValuationTransaction/Message/ValuationType/FullRegistered/UnitDetails/@TotalUnitsInDevelopment

Integer

Other Risk

/ValuationTransaction/Message/ValuationType/FullRegistered/RiskAnalysis/RiskRating/Comment

String

Outgoings – Market $/annum

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="OutGoings"][Units="MarketPerAnnum"]

Decimal

Outgoings – Market $/m2

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="OutGoings"][Units="MarketPerM2"]

Decimal

Outgoings - Passing - $/annum

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="OutGoings"][Units="PassingPerAnnum"]

Decimal

Outgoings – Passing $/m²

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="OutGoings"][Units="PassingPerM2"]

Decimal

Outstanding Tenant Incentives

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="OutstandingTenantIncentives"][Units="Value"]

Decimal

Owner Occupied Flag

/ValuationTransaction/vx:Job/vx:Report/vx:Value/@Occupancy

Enumeration

If one of the following is specified, the property is considered owner occupied.
("Owner Occupied", "Leased: Single Tenancy", "Leased: Multiple Tenancy", "Vacant")

Supplying anything else, or nothing will mark the job as not being owner occupied.

Permanent Vacancy Allowance – $

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="PermanentVacancyAllowance"][Units="Value"]

Decimal

Permanent Vacancy Allowance – %

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="PermanentVacancyAllowance"][Units="Percent"]

Decimal

Profit - % on cost

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="ProfitPercentOnCost"][Units="Percent"]

Decimal

Property Address

/ValuationTransaction/Message/ValuationType/FullRegistered/SalesEvidence/Location/Address

LIXI:Address

Property Type

/ValuationTransaction/vx:Job/vx:Property/@Type

Enumeration

Purpose of Report

/ValuationTransaction/vx:Job/vx:Commercial/@PurposeOfReport

String

Rate per m2

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="RatePerM2"][Units="RatePerM2"]

Decimal

Rate per m2 Comparison

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="Comparison"][Units="RatePerM2"]

Decimal

Rate Per Unit

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="RatePerUnit"][Units="Value"]

Decimal

Remaining Lease Term

/ValuationTransaction/vx:Job/vx:Commercial/Lease/@RemainingLeaseTerm

Decimal

Rental Adjustments

/ValuationTransaction/vx:Job/vx:Commercial/Lease/@RentalAdjustments

Decimal

Reversionary / Profit Rent

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="Reversionary-ProfitRent"][Units="Value"]

Decimal

Risk Ratings

/ValuationTransaction/Message/ValuationType/FullRegistered/RiskAnalysis/RiskRating

Enumeration

Rounded Adopted Value – $

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="RoundedAdoptedValue"][Units="Value"]

Decimal

Sales Evidence - $/m2

/ValuationTransaction/Message/ValuationType/FullRegistered/SalesEvidence/@ValuePerM2

Decimal

Sales Evidence - Yield %

/ValuationTransaction/Message/ValuationType/FullRegistered/SalesEvidence/@PercentYield

Decimal

Tenant

/ValuationTransaction/vx:Job/vx:Commercial/Lease/@Tenant

String

Tender Date

/ValuationTransaction/Message/ValuationType/FullRegistered/BuildingModification/ContractDate/Date

Date

Tender Price

/ValuationTransaction/Message/ValuationType/FullRegistered/BuildingModification/@TenderPrice

Decimal

Total Building Area

/ValuationTransaction/Message/ValuationType/FullRegistered/ImprovementAreas[AreaType=Other]/SiteArea/@Size

Decimal

Total Development Costs

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="TotalDevelopmentCosts"][Units="Value"]

Decimal

Total of Assessment Values

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="TotalAssessmentValue"][Units="Value"]

Decimal

Unit of Assessment

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="UnitOfAssessment"][Units="RatePerM2"]

Decimal

Value As Is

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="ValueAsIs"][Units="Value"]

Decimal

Value Before Capital Adjustments –  $

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="ValueBeforeCapitalAdjustments"][Units="Value"]

Decimal

Valuer File Ref

/ValuationTransaction/Identifier[Description="Valuer's File Reference"]/@UniqueID

String

WALE (by income) – years

/ValuationTransaction/vx:Job/vx:Commercial/ValueComponents/ValueItem[Type="WALE"][Units="Other"]

Decimal