Property Valuation Certificate / Report is a certificate to know about the property value of applicant & his/her family in their home country which shows the financial tie up with home country, also used as collateral for the educational loan from Bank to cover applicant’s expenses.

A property valuation is generally conducted on a request by you, or a lending institution (such as a bank) who is is looking to fund the purchase of a property.
Normally produced as a report, a property valuation includes property information – rates, size of the land and building, physical details on the construction and condition of the dwelling, details on any immediate issues that may need addressing – as well as information on comparative sales in the area.

—Realstate.com.au