Leary & Partners

At Leary and Partners we are Quantity Surveyors with specialist skills in property economics, asset management and tax depreciation. Established in 1977, we draw on decades of experience developing and delivering cutting edge services, many of which have now become industry standards.

Our experience benefits property owners of all styles - from first time investors obtaining a tax schedule to corporate clients commissioning maintenance plans for billion dollar developments.Our company has a long-term involvement with strata titled and retirement village complexes, which dates back to 1977.

What is a Building Replacement Insurance Valuation? In a Building Replacement Insurance Valuation, the buildings are the main cost component, but there are others. These include the cost of professional fees, inflationary factors, meeting current building regulations, demolition and removal of debris and the cost of all work external to the building (such as paving, fences, pools and signs).

Sinking Fund Forecasts, Maintenance Plans and Capital Works Fund Plans are essentially the same service. They are just called different things in the strata legislation in various states. Leary & Partners pioneered the provision of sinking fund studies as a tool for the management of strata buildings using the company's unique understanding of the maintenance needs of community dwellers.

Leary and Partners have a long history of producing Reserve Fund Plans and similar maintenance funding plans throughout Australia. In fact, Leary and Partners introduced the concept of strata maintenance cost forecasting to Australia in 1990. This is recorded in the Australian Institute of Quantity Surveyor publication The History of Quantity Surveying in Australia (2008).

Why should you engage a professional consultant to prepare a replacement valuation rather than attempt the estimate yourself or use a figure based on free advice from an associate or friend, or rely on an online home insurance calculator? You need to be confident that the cover you take out is correct.