The value of assets

Determining the asset value

The asset value is generally the amount of money you would get if you sold the asset on the open market, less any valid debts or encumbrances.

If you are claiming or receiving a pension, allowance or benefit, you are asked to provide your own estimate of the net market value of your assessable assets. If you need it, Centrelink will generally arrange any professional valuations of assets such as real estate and businesses at no cost to you.