Gross Rental Value (GRV)
The GRV is an annual rental value determined by the Valuer General once every 3 years in the metropolitan area. This means that properties are valued on their potential rental income rather that the capital value. Property owners may lodge a written objection to the valuation within 60 days of issue of the notice, addressed to vs@landgate.wa.gov.au or the Valuer General , PO Box 2222, Midland WA 6936. For further information visit Landgate’s website www.landgate.wa.gov.au or call 08 9273 7341.