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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Unimproved Value Objections for Land Tax Assessments

Tuesday, December 21st, 2021

The Department of Finance – Office of State Revenue’s Land Tax notices are being delivered to landowners. The Government has not altered rate in the dollar amount for the calculation of Land Tax payments based on the assessed Unimproved Land Value. Landowners often question the amount of Rates that are required to be paid. In most circumstances, commercial property landowners pass the cost of Land Tax onto tenants, who then dispute the amount of rates to be paid. Only the Unimproved Value or UV can be objected to. Not the rate in the dollar. This requires an Unimproved Value Objections ...

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Merry Christmas from Garmony Property Consultants

Tuesday, December 21st, 2021

The Perth property valuation team at Garmony Property Consultants would like to wish all our clients a very Merry Christmas and a prosperous 2022. We will close our office on Wednesday 22 December 2021 and will re-open on Wednesday 5 January 2022. We look forward to being of assistance with any of your property valuation needs when we return in 2022.    This year our chosen Christmas charity is the Prostate Cancer Foundation of Australia.   https://www.prostate.org.au/donate/

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Licensed Valuer Position Vacant

Friday, November 19th, 2021

Licensed Valuer Position Vacant. If working with the experienced licensed 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. We require a licensed valuer, who has or is looking to gain a comprehensive knowledge in residential, commercial and industrial, and to be exposed to 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, ...

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Proud Supporter of the Como Rotary Club Car Show

Thursday, September 16th, 2021

Garmony 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.

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Trainee Property Valuer required

Friday, May 28th, 2021

We require an enthusiastic property student or graduate who is looking for a fantastic start to their career in the property valuation industry as a Trainee Property Valuer.   We require a Curtin University Property Student who is completing or has recently completed a Bachelor of Commerce majoring in Property to work with our experienced, dynamic team of Licensed Valuers as a Trainee Property Valuer. Our company offers property students and graduates a broad exposure to the property industry, our innovative property databases and our professional work environment. Our trainee or assistant valuers receive one-on-one training from recognised industry leaders, undertaking extensive market research ...

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New Valuation Team Members

Monday, May 3rd, 2021

Garmony Property Consultants are pleased to announce new valuation team members to our property valuation company in Perth. Licensed Valuer, Hanni Morcos joins our valuation team, having been in the property valuation industry since 2006. Hanni’s experience is diverse, for both residential and commercial valuations in metropolitan and regional locations of Western Australia. Hanni’s broad knowledge includes valuations of single houses for Mortgage Security and Family Court purposes through to valuations of englobo land parcels and multi lot residential subdivisions. Hanni has also undertaken market valuations for commercial properties in the Perth metropolitan area. Phuong Le, who has been a member of ...

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Licensed Valuer Position Vacancy

Thursday, March 11th, 2021

If 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 ...

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Perth Residential Property Market is Improving

Tuesday, February 2nd, 2021

The 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 ...

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Owners and tenants rights to compensation

Tuesday, January 12th, 2021

Owners 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) ...

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Garmony Property Consultants – Part of Civic MJD Australia – National Property Valuers

Tuesday, November 10th, 2020

Garmony 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 ...

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Licensed Valuation for the HomeBuilder Government Grant

Monday, July 27th, 2020

HomeBuilder 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 ...

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Objecting to the Gross Rental Value Assessment

Monday, July 27th, 2020

1 July 2020 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 ...

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Mandatory Code of Conduct for Commercial Leasing Principles during COVID-19

Thursday, April 9th, 2020

In 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 ...

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COVID-19 affecting the Perth residential property market

Tuesday, April 7th, 2020

Since 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 ...

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Valuation Protocol – Non-Inspection of Properties due to COVID-19 Restrictions

Friday, April 3rd, 2020

API 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 ...

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Valuation Protocol COVID-19 – Time of Crisis/State of Emergency impacting physical inspections of real property

Wednesday, April 1st, 2020

Australian 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 ...

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Leases, market reviews and rent relief – COVID-19

Friday, March 27th, 2020

The 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 ...

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Valuers response to COVID-19

Friday, March 20th, 2020

To 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 ...

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