Property Valuation & Advisory (WA)

Quality independent professional property advice since 1978

Property Valuation & Advisory (WA)
Quality independent professional property advice since 1978

About Us

Property Valuation & Advisory (WA) is an independent provider of quality valuation and advisory services. We understand the Perth, and rest of WA, property markets intimately and use that knowledge to best serve our client’s needs.

Our team is an experienced group of professionals, each with decades of experience in private practice, many with backgrounds in large international firms. Contact Us.

Specialisation

Property Valuation & Advisory (WA) has a wide range of commercial and residential property valuation experience. A comprehensive list of our specialist areas can be viewed here

Latest News and Research

Perth CBD Office Snapshot – August 2021

According to the latest Property Council of Australia’s (PCA) Office Market Report, which was released on 5 August 2021, the Perth CBD office vacancy rate was at its lowest level since 2015. The vacancy rate fell from 19.9% in January 2021 to 16.8% in July. READ MORE

About Us

Property Valuation & Advisory (WA) is an independent provider of quality valuation and advisory services. We understand the Perth, and rest of WA, property markets intimately and use that knowledge to best serve our client’s needs.

Our team is an experienced group of professionals, each with decades of experience in private practice, many with backgrounds in large international firms. Contact Us.

Specialisation

Property Valuation & Advisory (WA) has a wide range of commercial and residential property valuation experience. A comprehensive list of our specialist areas can be viewed here

What are the Current Median Residential Property Prices in Perth?

The median house price in Perth increased by 1.0% in the September 2021 quarter to $520,000 and the median unit* price increased by 1.7% to $406,800 (quarter-on-quarter), according to the Real Estate Institute of WA (16 November 2021). On an annual basis, median prices have increased by 8.3% and 8.5% respectively. (*attached dwellings including triplex, duplex, quadruplex, townhouse, villa, unit, apartment and flat, but excluding duplex). For more information on residential property values, contact Richard Hagon

Sentiment in Industrial Property in WA

According to the 2021 third quarter publication of the National Australia Bank Commercial Property Report, sentiment in industrial property in Western Australia increased by 16 points to +29 during the September 2021 quarter. Sentiment is expected to continue to increase in 2022 and 2023. The survey also states that capital values and rent increases will remain positive in 2022 and 2023. Vacancy rates are expected to decline from 6.0% in quarter 3 of 2021, to 5.7% and 4.6% in 2022 and 2023 respectively. For more information on industrial property values, contact Gavin Chapman

What is the Current Office Vacancy Rate in the Perth CBD?

Perth CBD has recorded its lowest overall vacancy in six years. 16.8% of all office space is now currently vacant, down from 19.9% in January. Sub-lease vacancy as a proportion of total vacancy decreased to 7.9% in July 2021 (from 8.6% in January 2021). Demand was also positive in the first half of 2021. For more information on the Perth CBD office market Read our report or contact Gavin Chapman

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NEWS AND RESEARCH​

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Property Valuation and Advisory Services | PVAWA

Liability limited by a scheme approved under Professional Standards Legislation.

Sign Up to our mailing list to receive alerts when we publish fresh news and research.

Proudly Associated with

Property Valuation and Advisory Services | PVAWA

Liability limited by a scheme approved under Professional Standards Legislation.

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Office Address

Ground Floor, Unit 2, 168 Stirling Highway, Nedlands, WA, 6009
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