What is Gross Rental Value (GRV)?

The Gross Rental Value, or GRV, represents the gross annual rental that a property might reasonably be expected to earn annually if it were rented, including rates, taxes, insurance and other outgoings. For non-residential properties, GST is also included.

The GRV is calculated for all rateable and leviable properties in Western Australia regardless of whether the property is being rented or owner occupied.

This page was last updated on: 04 Mar 2020