The Australian Property Institute is a professional body representing over 7,500 Australian property professionals, including residential, commercial and plant and machinery valuers, property advisers, property analysts and fund managers, property lawyers, and property researchers and academics.The API was originally formed in
1926 as the Commonwealth Institute of Valuers, and was renamed a number of times over the intervening years as its range of activities expanded.In some states of
Australia,
state government regulations specify that property professionals must belong to a member association such as the API. Many major Australian
financial institutions also require property professionals who carry out mortgage valuation work to be members of the API.
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