Cut in Hills rates

Avon Valley Gazette - - FRONT PAGE - Sarah Brookes

MORE than 100 property own­ers in the City of Kala­munda who claimed the rental value of their homes were over­val­ued by the State Gov­ern­ment have suc­cess­fully had their rates re­duced.

City chief ex­ec­u­tive Rhonda Hardy said coun­cil rates were partly based on as­sess­ments by Landgate on the po­ten­tial rental value of a property.

“Ap­prox­i­mately 120 property own­ers were suc­cess­ful in hav­ing their gross rental val­u­a­tion ( GRV) re­vised, re­sult­ing in a lower rates charge,” she said.

The City will now re­ceive just under $ 100,000 less in rates rev­enue.

A Landgate spokes­woman said in 2017- 18 there were 353 ob­jec­tions to the GRV set by the Val­uer Gen­eral – an in­crease on the pre­vi­ous year’s 217 ob­jec­tions.

“As 2017- 18 was the year that the new metro gen­eral val­u­a­tion came into force, it would be ex­pected to re- ceive more ob­jec­tions than we did the pre­vi­ous year,” she said.

The spokes­woman said all prop­er­ties within lo­cal gov­ern­ment dis­tricts were as­sessed on the same date ev­ery three years.

“Rental ev­i­dence is col­lected at that date and used to de­ter­mine the fair rental value for each property,” she said.

“By analysing property rents against these at­tributes and char­ac­ter­is­tics, it is pos­si­ble to as­sess a val­u­a­tion for all prop­er­ties, whether they are rented or not.”

Landown­ers can appeal the val­u­a­tion if an ob­jec­tion is for­mally lodged within 60 days of a rates no­tice be­ing is­sued.

They must show that the rental value of their property is sig­nif­i­cantly higher than sim­i­lar prop­er­ties within the lo­cal area by pro­vid­ing rental ev­i­dence at or around the date of val­u­a­tion. The cur­rent GRV for the Perth metropoli­tan area was val­ued at Au­gust 1, 2015, and came into ef­fect on July 1, 2017.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.