Land Matters August 2016

Property valuations under the spotlight

We put Valuer-General Graham Jeffery in the hot seat to explain some of the processes and definitions around valuations for Western Australian land and property.

What are rating valuations?

The Valuer-General is required to maintain valuations of all rateable land in Western Australia for rating and taxing purposes. The two types of values permitted under the rating and taxing laws are gross rental value and unimproved value.  

Date of Valuation

Every property within your local area is valued at a date set by the Valuer-General, this is the Date of Valuation (DOV).  Rating valuations are assessed at a snapshot in time reflecting your local property market at the same date to ensure consistency and a degree of fairness in the allocation of rates between property owners.

What is the DOV for my property?

It depends on where your property is located - in the Perth Metropolitan Region Gross Rental Values (GRV) are calculated every three years. Current GRVs have a DOV of 1 August 2012 which was almost two years before the date of adoption of 1 July 2014.

The GRVs of country local governments are determined every three to five years with the frequency depending on a number of factors. Regional cities, large towns and areas exhibiting change are revalued every three years, whereas towns exhibiting some growth and change are revalued once every four years and towns which are either static or contracting, once every five years. The date of valuation is 1 August in the year preceding the date of adoption of 1 July.

Unimproved values are assessed annually throughout WA again on 1 August in the year preceding the date of adoption of 30 June.     

What if the market changes significantly between general valuations?

Any changes in the market occurring after the date of valuation which affects either rents or land values are considered at the time of the next general valuation.

What is a GRV?

The GRV is the gross annual rental value of rateable land. The best example of a GRV is the annual rental paid for a house, out of which the owner pays rates, taxes, other charges, repairs, insurance and any other outgoings necessary to maintain the value of the land.      

The GRV is used by your local council to determine property rates, the Department of Fire and Emergency Services to assess the emergency services levy and by the Water Corporation as a basis for some service charges.  

Unimproved Value

Instead of GRV, some urban land may be rated on its unimproved value (UV) which, if it is in the Perth Metropolitan Region, a city or a town is known as its site value.

Land outside the Perth Metropolitan Region, cities and towns not used for urban purposes is rated on its UV - the value of the land not including any improvements.

How are the values determined?

Most UVs and GRVs are based on analysed sales and rents occurring within a defined period around the date of valuation.

How are my rates calculated?

Your council determines its revenue target each year. A rate in the dollar to be applied to either the GRV or UV is struck by dividing the rate collection by the total amount of valuations on the roll. Your rate assessment is calculated by multiplying the GRV or UV by this rate in the dollar.

Other charges may also appear on your rate notice such as levies and waste management charges.  These are determined by your local council and are not based on the valuation.

More information is available on Landgate’s Rating and Taxing webpage.

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Landgate nationally recognised for innovation

Landgate has received national recognition for its innovation achievements by being named the 22nd most innovative company in Australia.

The Australian Financial Review 2016 Most Innovative Companies list was announced on 18 August during an awards ceremony in Sydney.

The list was compiled after a rigorous research process by a panel of industry experts.

Landgate established an innovation program in 2008 and this year launched its location and innovation hub SPUR.

SPUR General Manager Jodi Cant said innovation was an integral part of Landgate’s culture.

“Landgate’s leadership across the innovation space has been widely acknowledged in Western Australia and it is fantastic to have this national recognition,” Ms Cant said.

“This judging panel not only reviewed how innovation shapes our organisation, it also assessed two of our top innovations, the New Land Registry and Pastures from Space Plus.

“The New Land Registry is a cloud-based computing platform that has revolutionised the way land transactions are done in Western Australia by replacing inefficient, time consuming paper-based processing.

“Pastures from Space Plus is an online tool that uses satellite imagery and other data to empower farmers to make important management decisions about their properties.”

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HackED delivers innovative solutions to community challenges

Western Australian secondary students put their creativity and entrepreneurial skills to work to develop new business ideas and tackle a range of community challenges during HackED 2016.

The event, led by SPUR, WA’s new location and innovation hub, powered by Landgate, was held at the Midland Town Hall on 18 August and involved more than 120 secondary students from 12 schools. A team from Geraldton Grammar School also travelled to Midland for the event this year.

The students used data made available through WA’s Whole-of-Government Open Data Policy to develop their applications, websites and other creative projects.

SPUR General Manager Jodi Cant said the students impressed sponsors and judges with innovative solutions to some tough challenges and new business ideas.

“Governor Stirling Senior High School won the Best Hack prize for developing a bike safety game and John Calvin Christian College was awarded the Innovation prize for an idea to build a shark experience hotel,” Ms Cant said.

History featured strongly as a theme; Joseph Banks Secondary College worked on a historical sites app, Swan View Senior High School took out the MRA prize for an Aboriginal heritage map app; and Morley Senior High School came up with an idea for an interactive museum using augmented reality.

First time entrants Cecil Andrews Senior High School won Best Collaboration for their work on an historical walk game app.

Ms Cant thanked HackED 2016 sponsors Telstra, City of Swan, Bankwest, Esri Australia, NGIS, Ajilon, the Metropolitan Redevelopment Authority (MRA), the Spatial Industries Business Association (SIBA), the Surveying and Spatial Sciences Institute (SSSI) and Group Map.

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Satellite captures swirling currents off Perth

This image was captured by Landgate’s Satellite Remote Sensing Services team via the Landsat 8 satellite at 10:11am WST on Tuesday 2 August 2016.

The image shows the swirling water currents off Perth’s coast.

Satellite data and imagery can be used for a variety of innovative solutions for business, public sector and the community.

For images like this as well as useful property information, follow Landgate on Twitter.

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Landgate employees planting for the future

At Landgate, our customers, our people and our community are at the heart of everything we do - that’s why we were keen to roll up our sleeves and participate in a tree planting day at Whiteman Park.

The event on 19 August 2016 was part of an ongoing annual planting program within Whiteman Park to restore degraded land, and to increase habitat and biodiversity.  It is the seventh year Landgate has participated in the program.

Participants planted more than 3,000 trees in the three hours.

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This page was last updated on: 21 Jun 2019