Licensed Valuers & Property Valuation Consultants, Perth, Western Australia
Independent licensed valuers & Property valuation consultants
Established 1984 | Expert Valuation Advice | Licensed Valuers

Gross Rental Valuations to be tested as Council Rates issued

Wednesday, July 23rd, 2014

The Licensed valuers at Garmony Property Consultants have already started to receive enquiries about objections to increases in Gross Rental Values (GRV) for commercial properties. As local councils issue rates notices to land owners, enquiries to our licensed valuers have commenced, as some property owners have received significant increases to the Gross Rental Value (GRV)¬†assessments which form the basis for council rates and taxes. The GRV which is the value used to multiply the council’s “rate in the dollar” to determine the Council rates amount payable is determined by the Valuer General. If the GRV appears too high, the land ...

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