Proud Supporter of the Como Rotary Club Car Show
Thursday, September 16th, 2021Garmony Property Consultant’s property valuation team is once again a proud supporter of the Como Rotary Club Car Show, being held Sunday 3rd October 2021 from 10am to 3pm at Wesley College South Perth. Come along to view an fantastic range of well loved classic cars and modern beauties. Net proceeds go to Como Rotary and Wesley College charities.
Read moreLicensed Valuer Position Vacancy
Thursday, March 11th, 2021If working with the experienced valuers on a broad range of property types and assignments in an exciting and rewarding team environment sounds appealing, then we want to hear from you about our licensed valuer position. We require an experienced licensed valuer, with a comprehensive knowledge in commercial, industrial and residential valuations, to accommodate our more complex valuation and consultancy assignments. You will work with industry leaders in a dynamic professional team environment with exposure to an extensive range of property types for a variety of purposes including but not limited to feasibility analysis, compensation assessments and rental valuation assignments for ...
Read morePerth Residential Property Market is Improving
Tuesday, February 2nd, 2021The Perth residential property market is improving as we start 2021. There is increased buyer activity, building activity is booming and the residential vacancy rate is at an all-time low. REIWA (Real Estate Institute of Western Australia) reported on 4 January 2021, there has been a “significant increase in buyer activity” in December which is traditionally a quieter month. Although Perth Median House Price remains stable at $480,000, REIWA reported “December sales saw 3067 transactions for the month which is an increase of 42.5 percent when compared to the same time last year.” REIWA further reported on 1 February 2021 that ...
Read moreOwners and tenants rights to compensation
Tuesday, January 12th, 2021Owners and tenants rights to compensation
The Licensed Valuers at Garmony Property Consultants are highly experienced in providing expert compensation valuations outlining land owners and tenants rights to Compensation as a result of land being required for State and Federal Governments road and rail infrastructure. The State Government is investing significantly in road and rail infrastructure, spending approximately $6.5 billion in an unprecedented building program including major projects such as Metronet, Armadale Road & North Lake Road Bridge and the Bunbury Outer Ring Road (BORR). With most infrastructure projects, additional privately owned land is required and is acquired (often compulsorily) ... Read moreGarmony Property Consultants – Part of Civic MJD Australia – National Property Valuers
Tuesday, November 10th, 2020Garmony Property Consultants is a Principal Partner Firm of Civic MJD Australia – National Property Valuers
Garmony Property Consultants is proud to be a Principal Partner firm of Civic MJD Australia – National Property Valuers(formerly Oceanic Property Valuations). Civic MJD Australia (Formally – Oceanic Property Valuations (OPV)) are a national property valuation company who operate across Australia and comprises multi-skilled property valuers and professionals with extensive senior property valuation and consulting experience, which specialises in offering independent and impartial property advice to a private, corporate and government client base in a co-ordinated property valuation service across Australasia. Civic MJD Australia is not a subsidiary of any ... Read moreLicensed Valuation for the HomeBuilder Government Grant
Monday, July 27th, 2020HomeBuilder Grant Valuations – How the Licensed Valuers at Garmony Property Consultants can help
The Australian Government HomeBuilder provides eligible owner-occupiers with a $25,000 federal government grant to build a new home or substantially renovated an existing home. One of the requirements of HomeBuilder is to obtain a written valuation by a licensed valuer of the existing value of your home. This is know as the Market Value “As is”. The licensed valuers at Garmony Property Consultants can provide you with a Licensed Valuation for the HomeBuilder Government Grant application of the existing value of your home or vacant lot. To access ... Read moreObjecting to the Gross Rental Value Assessment
Monday, July 27th, 20201 July 2018 will be the effective date for the updated Gross Rental Values used by Local Councils to assess their Council Rates. These Council Rates will be based on the latest Gross Rental Value assessment or GRV by the Valuer General with the Date of Valuation being 1 August 2018. This is the first re-assessment of the GRV since the previous date of assessment in 2015 when the rental market across all property sectors was stronger. We are expecting Landowners and their Tenants will be questioning if the latest assessments are correct and if it is worthwhile objecting to ...
Read moreMandatory Code of Conduct for Commercial Leasing Principles during COVID-19
Thursday, April 9th, 2020In response to the COVID-19 global pandemic The Federal Government has legislated the Mandatory Code of Conduct for Commercial Leasing Principles during COVID-19 (Code) which imposes a set of ‘good faith leasing principles’ to eligible businesses. The Code applies to all tenancies that are suffering financial stress or hardship as a result of the COVID-19 pandemic as defined by their eligibility for the Commonwealth Government’s ‘JobKeeper’ programme. The JobKeeper programme is a wage subsidy programme and is designed to cover the cost of employee’s wages to support employees and businesses significantly impacted by the Coronavirus. To be eligible, businesses have to prove ...
Read moreCOVID-19 affecting the Perth residential property market
Tuesday, April 7th, 2020Since mid-March of 2020, the Coronavirus (COVID-19) has had a major impact on the world economy and is now showing signs of affecting the Perth residential property market. The Australian reported on the 2 April 2020 that “A collapse in residential property sales numbers is inevitable but the extent of price falls may be dependent on government intervention, according to UBS analysts.” The UBS analysts also stated “We also revise our forecast for home prices to start falling, given the hit to demand from the looming sharp recession and spike in unemployment. The extent and duration of price falls is ...
Read moreValuation Protocol – Non-Inspection of Properties due to COVID-19 Restrictions
Friday, April 3rd, 2020API Valuatio Protocol COVID-19 Purpose of this protocol This protocol deals with valuations, undertaken by Australian Property Institute (API) members where, during a time of an API declared crisis and/or state of emergency, a full (physical or personal) inspection of the property cannot be undertaken. The protocol outlines guidelines that the Valuer may follow in order to correctly identify the property being valued and to collect property specific information for Non-Inspection of Properties due to COVID-19 Restrictions. For absolute understanding, for the time period prescribed by the API, the Valuer is required to undertake the most appropriate valuation inspection or research possible, taking ...
Read moreValuation Protocol COVID-19 – Time of Crisis/State of Emergency impacting physical inspections of real property
Wednesday, April 1st, 2020Australian Property Institute (API) State of Crisis/State of Emergency Declaration Effective 8am AEST Monday 30 March 2020, the API Board has declared a State of Crisis/State of Emergency in accordance with the API Valuation Protocol – Guidelines For API Declared Time Of Crisis and/or State Of Emergency Impacting Physical Inspections Of Real Property dated 29 March 2020. A copy of this Valuation Protocol is attached for consideration by all API members and stakeholders. We have also attached a copy of the ‘Australian Banking & Finance Industry (ABFI) “ADDENDUM Special Instructions Residential Valuations Standing Instructions – API Declared Crisis/State of Emergency”‘ This decision has ...
Read moreLeases, market reviews and rent relief – COVID-19
Friday, March 27th, 2020The COVID-19 global pandemic is rapidly affecting the retail and commercial property markets providing uncertainty to both Landlords and Tenants, their business and rental income/payments and their leasing arrangements. COVID-19 is likely to result in leases, market reviews and rental relief to be negotiated between Landlords and Tenants. There is often a minefield of legal and contractual clauses in leases which take into account unforeseen circumstance or force majeure events or common law concepts of ‘Frustration’ which can sometimes release parties from certain obligations. This requires advice from a suitably qualified property lawyer. Often Landlords rely on rental payments to cover ...
Read moreValuers response to COVID-19
Friday, March 20th, 2020To our valued clients and colleagues, With the COVID-19 situation continuing to evolve, please note that our company is taking all necessary precautions to protect our staff, clients and colleagues in accordance with official advice from the Australian Government, World Health Organisation and the Australian Property Institute in a response to COVID-19. We would like to assure our clients that we have a ‘business as usual’ management plan in place for our valuation services, which focuses on: Preserving the health of our team, clients and the wider community Continued in the office and remote working practices, and we have plans in place to all ...
Read moreThe Property Market Update and COVID-19
Wednesday, March 18th, 2020COVID-19 In mid-March of 2020, the Coronavirus (COVID-19) has had a major impact on the world economy. The Australian newspaper reported on 13 March 2020 that according to JP Morgan, “A global recession caused by coronavirus is now likely.” With the lock-down of numerous European countries, travel restrictions between the United States of America and Europe and self-isolation requirements in Australia for residents returning home from overseas, there are significant effects on the world economy. Major sporting events have been postponed or cancelled and some schools have already been temporarily closed. The government has imposed restrictions on mass gatherings of over ...
Read moreMatt Garmony, Licensed Valuer elected to the WA State Committee of the API
Wednesday, September 18th, 2019Garmony Property Consultants Managing Director and Licensed Valuer, Matt Garmony, was advised today by the Australian Property Institute (API) that he has been elected as a WA State Committee Member of the API. In his response to the API on news of his appointment, Matt stated “Although I have been active on numerous sub-committees and represented the API on several panels since 2004, I have not been on the state board/committee since my last term in 2001-2004. I look forward to being an ongoing and active member of the API and the property industry.” Matt was chairman of the Young Property Professionals ...
Read morePre-purchase & Pre-sale Valuations
Tuesday, September 17th, 2019The Licensed Valuers at Garmony Property Consultants undertake numerous pre-purchase and pre-sale valuations for a wide variety of property types. Purchasers, who are unsure of how much to offer on a property that is on the market ‘for sale’, often want an independent, unbiased and justified opinion on the market value. Sellers, who may have a unique property or have had had conflicting appraisals from local real estate agents, or are acting as an executive of an estate, often request us to provide pre-sale valuations for an independent, unbiased and justified opinion of the market value. A pre-purchase or pre-sale ...
Read moreValuations for Family Court
Friday, August 30th, 2019Garmony Property Consultants’ Licensed Valuers are specialists in providing valuations for matrimonial disputes, family law and the Family Court of Western Australia. Our licensed valuers have a wealth of experience in valuations for Residential, Commercial & Industrial property types. We can tailor our valuation reports for each client. We generally provide shorter reports for amicable meditations, whereby the parties are in agreement and just need an independent assessment of the market value. Our licensed property valuers can also provide a more detailed expert valuation report, suitable for the Family Court, if it is known the matter will be heard before ...
Read moreProud supporter of the Rotary Car Show 2019
Tuesday, August 13th, 2019Garmony Property Consultants, Licensed Valuers, are again proud to be supporters of the 2019 Rotary Club of Como, 8th Classic Car Show. Get on down to Wesley College in South Perth on Sunday 6th October from 10am to enjoy the brilliant display of classic cars. All net proceeds support the Rotary Club of Como and Wesley College charities. You may wish to display one of your own classic cars. For more information go to http://comorotarycarshow.com/ Rotary Club of Como Classic Car Show 2019
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