Can my GRV be recalculated annually?

Landgate conducts over 2.4 million valuations (as at 1 July 2018) on land in Western Australia with a growth rate of 1.0% to 1.5% per annum. Due to the volume of valuations and expansive land area of Western Australia to be covered, it has been deemed by the Valuer-General that the most cost-effective approach is to conduct Gross Rental Values (GRVs) on a 3 year basis for the metropolitan area and 3 to 6 years for regional areas, depending on the local government. Completing valuations on a more frequent basis would see higher rates and charges for Western Australians.

This page was last updated on: 04 Mar 2020