FEDERAL CIRCUIT AND FAMILY COURT OF AUSTRALIA
(DIVISION 2)
Cowie & Neylan [2023] FedCFamC2F 686
File number(s): HBC 130 of 2022 Judgment of: JUDGE TAGLIERI Date of judgment: 6 June 2023 Catchwords: FAMILY LAW – valuation of property – discrete issue hearing regarding value of former matrimonial home – competing valuations from qualified valuers – where valuers gave evidence concurrently at discrete issues hearing – declaration as to value of the former matrimonial home Legislation: Family Law Act 1975 (Cth) s 79
Federal Circuit Court and Family Court of Australia (Family Law) Rules 2021 (Cth) rr 7.1, 7.1.4, 7.1.6, 7.16, 7.32,
Cases cited: Bollen & Bollen [2020] FamCA 605
Elsey v Elsey (1997) FLC 92-727
Gamer and Gamer (1988) FLC 91-932
Georgeson and Georgeson (1995) FLC 92-618
Lenehan & Lenehan (1987) FLC 91-815
Little and Little (1990) FLC 92-147
Mallet v Mallet (1984) FLC 91-507
Phillips & Phillips [2002] FamCA 350
Smith and Smith (1991) FLC 92-26
Division: Division 2 Family Law Number of paragraphs: 74 Date of hearing: 15 and 16 May 2023 Place: Hobart Counsel for the Applicant: Ms Mooney SC Solicitor for the Applicant: Ogilvie Jennings Counsel for the Respondent: Mr Trezise Solicitor for the Respondent: PWB Lawyers ORDERS
HBC 130 of 2022 FEDERAL CIRCUIT AND FAMILY COURT OF AUSTRALIA (DIVISION 2)
BETWEEN: MS COWIE
Applicant
AND: MR NEYLAN
Respondent
order made by:
JUDGE TAGLIERI
DATE OF ORDER:
6 June 2023
THE COURT DECLARES THAT:
A.The market value of the property situate at 1 B Street, Suburb C in Tasmania, is $1,900,000.
THE COURT ORDERS THAT:
1.This matter is listed to 14 June 2024 at 9:30am for the making of final property orders.
2.Within 7 days of the date of the Orders, the parties file a draft minute of orders sought to be made by consent.
Note: The form of the order is subject to the entry in the Court’s records.
Note: This copy of the Court’s Reasons for judgment may be subject to review to remedy minor typographical or grammatical errors (r 10.14(b) Federal Circuit and Family Court of Australia (Family Law) Rules 2021 (Cth)), or to record a variation to the order pursuant to r 10.13 Federal Circuit and Family Court of Australia (Family Law) Rules 2021 (Cth).
Section 121 of the Family Law Act 1975 (Cth) makes it an offence, except in very limited circumstances, to publish proceedings that identify persons, associated persons, or witnesses involved in family law proceedings.
IT IS NOTED that publication of this judgment by this Court under the pseudonym Cowie & Neylan has been approved pursuant to s 121(9)(g) of the Family Law Act 1975 (Cth).
REASONS FOR JUDGMENT
Judge Taglieri
These proceedings relate to parenting and property matters between Ms Cowie (“the Wife”) and Mr Neylan (“the Husband”). On the first day of the defended hearing, the parties invited the Court to make orders by consent in relation to the parenting issues. After being satisfied the orders were…
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- Case
- [2023] FedCFamC2F 686
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CaseChat Overview and Summary
The court evaluated the evidence from the two valuers, Mr D and Mr E, who provided differing valuations of $1,750,000 and $2,250,000, respectively. The court assessed various aspects of the valuers' reports and evidence, such as the qualifications and expertise of the valuers, the methodology and detail underlying their opinions, and the choice of properties for comparison. The court found that both valuers adopted the same methodology and approach in expressing their opinions but disagreed on the choice of comparative sales and the value attributed to the land.
Considering the legal principles outlined in previous cases, the court applied a common-sense approach to determine the value of the property, taking into account all relevant material. The court concluded that the comparative sales method should be used as a starting point, with some adjustments based on the court's findings. The court also rejected the summation approach taken by both valuers, finding it to be unreliable.
After evaluating the evidence and applying the appropriate principles, the court determined the current market value of the former matrimonial home to be $1,900,000. The court listed the property proceedings for the purpose of pronouncing final orders and directed the parties to file a draft minute of consent orders within seven days.
Orders
Orders of the court
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Background
Background to the litigation
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Evidence
Evidence Before The Court
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Decision
Reasons for decision
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Ratio Decidendi
Legal Principle Established
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