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

We provide regular property related news blogs to keep our clients informed of what effect important economic, financial and business events and reports will have of the Perth and Western Australian property market.If you wish to receive our regular blogs:

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Latest Property News Blog Posts

Perth’s subdued property market set to continue

Friday, July 8th, 2016

The Perth residential property market continues in a decline phase with Core Logic RP data reporting “Housing market conditions in Perth are suffering from reduced housing demand resulting from a sharp downturn in migration and weaker employment opportunities” and “Rental Rates have also fallen substantially, highlighting lower housing demand is not confined to home buyers but also renters.” Our enquiries to residential real estate agents within the Perth metropolitan area are indicating buyers are continuing to be cautious with many hesitant to make offers on properties listed on the market for sale and therefore properties are taking longer to sell, ...

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Expert Family Law Valuations

Saturday, April 30th, 2016

Garmony Property Consultants are one of Perth’s leading independent Licensed Valuers and Property Consultant firms specialising in valuations for Family Law for Residential, Commercial & Industrial property types. The Licensed, Certified Practicing Valuers at Garmony Property Consultants, have a combined experience in the real estate and property industry of over 70 years and has been established since 1984. Our Valuers have extensive experience in a broad range of property related valuation matters across a wide range of commercial, industrial, residential and specialist property types for real estate valuations and property consultancy situations in Perth and Regional locations in Western Australia. We prepare numerous ...

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LANDLORDS NEED TO MEET THE MARKET

Friday, March 4th, 2016

The Perth property market is currently experiencing declining rental market conditions across most market sectors. Therefore it is important for landlords to be astute and proactive when their tenant’s leases are coming up for market rent reviews and or lease renewal and option periods in their investment properties. Given the current conditions it is likely that most rental rates will experience a rental reduction (provided they were historically at market levels) and therefore landlords need to ‘meet the market’ in order to keep tenants in their investment properties. This rental reduction or incentive for the tenant to renew or extend ...

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Land Tax increases hurt land owners

Monday, November 9th, 2015

On 24 September 2015 The Land Tax Amendment Bill 2015 was passed by the Parliament and received the Royal Assent as the Land Tax Amendment Act 2015. Changes from the old Land Tax Act 2002 to the new Land Tax Amendment Act 2015 that affect the assessment of land tax as of the 2015-16 assessment year include: the introduction of a flat minimum land tax rate of $300 for taxpayers who hold land with a taxable value between $300,000 and $420,000; changes to the thresholds at which rates change; and increases of all rates except the top marginal rate of land tax. Based on our review of ...

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Residential property market declines

Thursday, October 8th, 2015

The Perth residential property market is in a decline phase with the median house price falling from $550,000 in March 2015 to $540,000 in June 2015 according to Real Estate Institute of Western Australia (REIWA). Our enquiries to residential real estate agents within the Perth metropolitan area are indicating reduced interest in properties listed on the market for sale, properties are taking longer to sell and there are is increased number of property listed on the market. The latest REIWA Statistics for the first week in October 2015 are indicating there are 15,198 properties listed on the market for sale ...

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Proud to support the WA Volunteer Fire & Rescue Association Inc.

Wednesday, August 19th, 2015

The licensed valuers at Garmony Property Consultants are proud to support the WA Volunteer Fire & Rescue Association Inc. who’s mission is to protect the welfare and interests of Volunteer Fire & Rescue Services, Brigades and their Members.  These members give up their time to protect the community and the public’s property assets and we would like to support them for their support. We encourage other business to support WA Volunteer Fire & Rescue Association Inc by donating to them. Contact the Association via their  website to see how you can help. http://frsvols.asn.au/  

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Perth office rental market overview – First half of 2015

Wednesday, July 1st, 2015

The Perth office rental market market along with the suburban office market is experiencing its highest vacancy in almost 20 years with a report from the Property Council of Australia in February 2015 indicating that the Perth’s CBD office vacancy is 14.8% in January 2015, up from 11.8% in July 2014 and 9.0% in January 2014.  The Property Council of Australia report also indicated that “The office market in Perth is the barometer for the State’s economy. The lack of demand is a reflection of WA’s economic performance.” With a further 149,000m² of new supply to be added to the CBD ...

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Valuing Strata lots and difficulties encountered

Wednesday, July 1st, 2015

Below is a summary of a presentation that Matt Garmony, Licensed Valuer and Managing Director of Garmony Property Consultants, gave to the Bachelor of Commerce – Property students at Curtin University in March 2015. The presentation provided the property students with an overview of Strata titled properties, Unit Entitlements, valuing strata lots and  issues we have identified for strata titled properties into the future. Should you have any questions in relation to strata titled properties and the valuation process, our licensed valuers will be more than willing to assist. VALUING STRATA LOTS AND DIFFICULTIES ENCOUNTERED 2015.PDF

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Garmony’s welcome Licensed Valuer, Samantha Titterington to the Team

Monday, March 16th, 2015

Samantha Titterington has joined Garmony Property Consultants as an experienced Licensed Valuer, broadening our teams expert valuer capabilities, with a focus on Family Court valuations. Samantha’s has over 15 years experience in both the private and government valuation sectors along with previous roles with large property development and real estate companies. Samantha’s expertise includes residential and rural valuations along with experience in the commercial property sector as well as preparing numerous valuations for Family Court Purposes. Samantha has owned and operated an award winning valuation company in Western Australia’s southern coast region and has also had various roles in some ...

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Trainee Valuer Job Vacancy

Friday, February 20th, 2015

Garmony Property Consultants is a boutique property firm providing valuation and consultancy advice in Western Australia for over 30 years. We require an enthusiastic property student or graduate, looking for a fantastic start to your career in the property valuation industry. Our company offers students and graduates a broad exposure to the industry inclusive yet not limited to; valuations and consultancy assignments for development sites, services stations, bus depots and self-storage facilities, retirement villages, airports and other specialist property types along with general residential, commercial and industrial properties for a wide range of purposes for our diverse client base. With ...

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