Metro GRV Statistics

Rateable land within Perth’s 30 Local Governments is valued every three years. During the 2015/16 financial year, with a 'Date of Valuation' of 1 August  2015, Landgate’s Valuations and Property Analytics Team valued almost one million properties across the state for Gross Rental Valuation (GRV) purposes which came into effect on 1 July 2017.

A breakdown of the overall value percentage changes for each metropolitan Property Classifications is set out in Table 1.

Table 1: GRV Metropolitan percentage changes

Property ClassificationPercentage Increase / Decrease
Residential1.81%
Commercial-6.02%
Industrial-0.02%
Farming-0.57%
Vacant land5.57%

The average percentage change and the number of GRVs (adopted on 1 July 2017) in each metropolitan Local Government by property classification is set out in Table 2.

Table 2: Average change in GRV (%) and the number of GRV valuations by property classification

Local Government Property Classification Average Change in GRV Number of GRV Valuations
Armadale Residential 2.42% 25,727
Commercial 2.66% 277
Industrial 2.45% 411
Farming 3.23% 25
Vacant land 6.11% 847
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Bassendean Residential -6.04% 5,555
Commercial -0.77% 66
Industrial -12.84% 134
Vacant land 10.8% 128
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Bayswater Residential -11.61% 22,477
Commercial -8.07% 438
Industrial -5.42% 766
Vacant land 11.44% 452
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Belmont Residential -7.14% 12,769
Commercial -5.38% 331
Industrial -9.04% 656
Vacant land 8.4% 353
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Cambridge Residential 2.29% 9,030
Commercial -2.22% 340
Industrial -0.85% 44
Vacant land 7.72% 195
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Canning Residential 5.03% 28,935
Commercial 2.4% 339
Industrial -0.37% 1,436
Vacant land 13.81% 605
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Claremont Residential -6.32% 3,488
Commercial -7.02% 116
Industrial -1.02% 43
Vacant land 7.29% 45
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Cockburn Residential 2.01% 34,052
Commercial 2.85% 279
Industrial -0.93% 1,272
Farming 6.93% 9
Vacant land 8.79% 1,202
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Cottesloe Residential -4.89% 3,121
Commercial -12.09% 135
Industrial -8.25% 6
Vacant land 3.12% 59
Local Government Property Classification Average Change in GRV Number of GRV Valuations
East Fremantle Residential -0.77% 2,911
Commercial -1.03% 74
Industrial 0.45% 7
Vacant land 4.57% 45
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Fremantle Residential -3.25% 10,346
Commercial 0.94% 902
Industrial -2.13% 577
Vacant land 6.61% 253
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Gosnells Residential -0.96% 38,672
Commercial 1.18% 445
Industrial -13.09% 846
Farming 1.52% 10
Vacant land 10.9% 716
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Joondalup Residential 1.78% 54,586
Commercial 1.92% 453
Industrial 9% 98
Vacant land 1.27% 602
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Kalamunda Residential 1.16% 20,115
Commercial 0.39% 197
Industrial -4.22% 222
Farming -4.23% 16
Vacant land 2.52% 363
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Kwinana Residential 3.78% 11,664
Commercial 3.25% 101
Industrial 0.65% 337
Farming 6.87% 8
Vacant land 10.71% 346
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Melville Residential 1.08% 36,582
Commercial -0.2% 971
Industrial -2.42% 434
Vacant land 5.27% 611
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Mosman Park Residential -12.7% 3,303
Commercial -2.99% 65
Industrial -6.55% 6
Vacant land 7.89% 61
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Mundaring Residential 0.59% 13,216
Commercial -0.96% 167
Industrial -11.08% 358
Farming 3.41% 13
Vacant land 6.78% 495
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Nedlands Residential -10.25% 7,137
Commercial -12.79% 208
Industrial -3.13% 58
Vacant land 7.97% 147
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Peppermint Grove Residential 1.66% 531
Commercial -7.61% 12
Industrial -7.86% 2
Vacant land -1.76% 22
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Perth Residential -12.77% 2,957
Commercial -17.43% 1,053
Industrial -4.47% 179
Vacant land 1.5% 68
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Rockingham Residential 4.5% 43,549
Commercial 7.09% 451
Industrial 4.47% 540
Farming 7.8% 14
Vacant land 9.79% 1,355
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Serpentine - Jarrahdale Residential 4.42% 6,213
Commercial 6.99% 90
Industrial 5.87% 35
Farming 3.48% 22
Vacant land 8.55% 395
Local Government Property Classification Average Change in GRV Number of GRV Valuations
South Perth Residential 3.91% 16,272
Commercial -3.04% 572
Industrial 2.84% 11
Vacant land 11.66% 207
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Stirling Residential -5% 64,255
Commercial 0.7% 1,225
Industrial 4.35% 1,403
Farming 25.11% 1
Vacant land 5.72% 1,238
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Subiaco Residential -6.73% 5,688
Commercial -19.93% 843
Industrial -7.81% 88
Vacant land 11.89% 62
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Swan Residential -2.88% 39,148
Commercial -0.31% 661
Industrial 2.4% 2,174
Farming -5.61% 86
Vacant land 4.53% 1,175
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Victoria Park Residential -0.18% 10,377
Commercial -0.35% 652
Industrial 10.02% 548
Vacant land 16.17% 236
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Vincent Residential 1.04% 11,627
Commercial 2.88% 977
Industrial 3.86% 241
Vacant land 12.05% 232
Local Government Property Classification Average Change in GRV Number of GRV Valuations
Wanneroo Residential -0.41% 56,796
Commercial 0.95% 433
Industrial -1.24% 1,225
Farming 5.22% 80
Vacant land 6.32% 1,911

This page was last updated on: 26 Jul 2019