How long does a property valuation take, and who pays for it?

Depends on the location of the property but a valuation is usually completed within a few days. Most banks cover the cost of this but some charge a fee to the customer

A property valuation is an assessment of a property's value, and it is a crucial step in the home loan process. Generally, a property valuation will take anywhere from a few days to a few weeks, depending on the complexity of the property and the availability of the valuer. The cost of a property valuation is typically paid by the borrower, although in some cases the lender may cover the cost. The cost of a property valuation can vary depending on the type of property, the location, and the complexity of the valuation. It is important to note that the property valuation is not the same as a building inspection. A building inspection is a more detailed assessment of the condition of the property and is usually carried out by a qualified building inspector. If you're looking for the current interest rate offers, you can check out Goodrate on https://goodrate.com.au/home-loan to see the latest offers.