Gross Rental Values & Valuation Objections
Monday, September 11th, 20231 July 2021 will be the effective date for the updated Gross Rental Values used by Local Councils to assess their Council Rates in 2023. 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 2021. This is the first re-assessment of the GRV since the previous date of assessment in 2018 and since COVID-19. We are expecting Landowners and their Tenants will be questioning if the latest assessments are correct and if it is worthwhile objecting to the Gross Rental Value assessment ...
Read moreObjecting to the Gross Rental Value Assessment
Monday, July 27th, 20201 July 2018 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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