NEWS AND RESEARCH
Annual Rating & Land Tax Assessment – August 2023
As a property owner, you would have recently received your local Council rates notice for 2023/2024. It is worth reviewing the determined value of your property (Gross Rental Value (GRV)) to ensure you’re not overpaying relative to other property owners in the same area. READ MORE
Perth CBD Office Market Snapshot August 2023
Overall demand for office space increased during the first half of 2023 and is above the long term (30 year) average. Despite this positive demand, overall vacancy increased by 0.2 points to 15.9%. READ MORE
Perth CBD Office Market Snapshot – February 2023
Overall demand for office space decreased during the second half of 2023. Whilst demand was still positive, it was below the long term (30 year) average. Overall vacancy decreased by 0.2 points to 15.6%. READ MORE
Do you or your clients have Self-Managed Super Funds (SMSFs) that contain property assets?
Properties held in SMSFs are required to be valued every three years, when there are significant changes in value, or when transfers to related parties occur. READ MORE
Perth CBD Office Market Snapshot – August 2022
Overall demand decreased during the first half of 2022 in the Perth CBD but was nevertheless at a 10-year financial year high. READ MORE
Perth CBD Office Market Snapshot – February 2022
Perth CBD has recorded the highest 12-month demand for office space since 2012. Overall vacancy is now 15.0%, the lowest vacancy rate in seven years. READ MORE
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
Perth CBD Office Snapshot – February 2021
Due to the effects of COVID-19, 2020 has brought about a reversal to the upward momentum in the Perth CBD office market. 20% of all office space is now currently vacant. Premium grade buildings continue to perform well at the expense of lower grade buildings. READ MORE
Annual Rating & Land Tax Assessment – October 2020
It’s that time of year again! As a property owner, you would have recently received your annual rating and taxing notice for 2020/2021. It is worth reviewing the determined value of your property (either Gross Rental Value (GRV) or Unimproved Value (UV)) to ensure you’re not overpaying relative to other property owners in the same area.
For a nominal initial fee Property Valuation & Advisory (WA) can review your assessed value(s) and advise if an objection. READ MORE
For a nominal initial fee Property Valuation & Advisory (WA) can review your assessed value(s) and advise if an objection. READ MORE
Superannuation Audit Alert – August 2020
According to a recent media release, Self Managed Superannuation Fund (SMSF) auditors will need to check closely that assets in SMSF portfolios are held at market value for the 2020 tax year. Due to the effects of COVID-19, property asset classes either have been affected or could expect to be affected by the pandemic, while others will be more resilient. READ MORE
Perth CBD Office Market Snapshot – August 2020
While the Perth CBD market in general remains subdued, Premium grade buildings continue to perform well, with positive demand and fewer vacancies. The longer term impacts of COVID-19 on the Perth CBD office market are, as yet, unclear, and will depend on the effectiveness of Government stimulus packages and containment of the virus. READ MORE
Annual Rating & Land Tax Assessment – July 2020
It’s that time of year again! As a property owner, you would have recently received your annual rating and taxing notice for 2020/2021.It is worth reviewing the determined value of your property (either Gross Rental Value (GRV) or Unimproved Value (UV)) to ensure you’re not overpaying relative to other property owners in the same area. READ MORE
Annual Rating & Land Tax Assessment – August 2023
As a property owner, you would have recently received your local Council rates notice for 2023/2024. It is worth reviewing the determined value of your property (Gross Rental Value (GRV)) to ensure you’re not overpaying relative to other property owners in the same area. READ MORE
Perth CBD Office Market Snapshot August 2023
Overall demand for office space increased during the first half of 2023 and is above the long term (30 year) average. Despite this positive demand, overall vacancy increased by 0.2 points to 15.9%. READ MORE
Perth CBD Office Market Snapshot – February 2023
Overall demand for office space decreased during the second half of 2023. Whilst demand was still positive, it was below the long term (30 year) average. Overall vacancy decreased by 0.2 points to 15.6%. READ MORE
Do you or your clients have Self-Managed Super Funds (SMSFs) that contain property assets?
Properties held in SMSFs are required to be valued every three years, when there are significant changes in value, or when transfers to related parties occur. READ MORE
Perth CBD Office Market Snapshot – August 2022
Overall demand decreased during the first half of 2022 in the Perth CBD but was nevertheless at a 10-year financial year high. READ MORE
Perth CBD Office Market Snapshot – February 2022
Perth CBD has recorded the highest 12-month demand for office space since 2012. Overall vacancy is now 15.0%, the lowest vacancy rate in seven years. READ MORE
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
Perth CBD Office Snapshot – February 2021
Due to the effects of COVID-19, 2020 has brought about a reversal to the upward momentum in the Perth CBD office market. 20% of all office space is now currently vacant. Premium grade buildings continue to perform well at the expense of lower grade buildings. READ MORE
Annual Rating & Land Tax Assessment – October 2020
It’s that time of year again! As a property owner, you would have recently received your annual rating and taxing notice for 2020/2021. It is worth reviewing the determined value of your property (either Gross Rental Value (GRV) or Unimproved Value (UV)) to ensure you’re not overpaying relative to other property owners in the same area.
For a nominal initial fee Property Valuation & Advisory (WA) can review your assessed value(s) and advise if an objection. READ MORE
For a nominal initial fee Property Valuation & Advisory (WA) can review your assessed value(s) and advise if an objection. READ MORE
Superannuation Audit Alert – August 2020
According to a recent media release, Self Managed Superannuation Fund (SMSF) auditors will need to check closely that assets in SMSF portfolios are held at market value for the 2020 tax year. Due to the effects of COVID-19, property asset classes either have been affected or could expect to be affected by the pandemic, while others will be more resilient. READ MORE
Perth CBD Office Market Snapshot – August 2020
While the Perth CBD market in general remains subdued, Premium grade buildings continue to perform well, with positive demand and fewer vacancies. The longer term impacts of COVID-19 on the Perth CBD office market are, as yet, unclear, and will depend on the effectiveness of Government stimulus packages and containment of the virus. READ MORE
Annual Rating & Land Tax Assessment – July 2020
It’s that time of year again! As a property owner, you would have recently received your annual rating and taxing notice for 2020/2021.It is worth reviewing the determined value of your property (either Gross Rental Value (GRV) or Unimproved Value (UV)) to ensure you’re not overpaying relative to other property owners in the same area. READ MORE
