City of Stirling Budget Newsletter 26/27

Your property details location, size, age, construction, amenities, etc.

Gross Rental Value What is Gross Rental Value (GRV) and how is it calculated?

Your property’s Gross Rental Value

Other properties in the area

Weekly rental amount $

52 weeks in a year

Gross rental value is the estimated annual rent your property could earn if it were rented, including allowances for rates and other property expenses. Factors such as its location, size, age, construction type, number of bedrooms, and additional features such as a swimming pool and the number of carports or garages influence the GRV.

Want to know more? Landgate provides helpful information and short videos about Gross Rental Value at www.landgate.wa.gov.au

The GRV for vacant land is calculated as 3 per cent of the land value for residential properties and 5 per cent of the land value for business and urban development properties. A property’s gross rental value is used to calculate rates and the Emergency Services Levy. This means your GRV directly affects how much you pay in rates.

GRV information is provided to your local government and Water Corporation to calculate these charges. The City of Stirling Council sets a rate in the dollar to calculate your annual rates based on your property’s assessed value, i.e. GRV × rate in the dollar.

If you have any questions about your GRV valuation or wish to lodge a revaluation objection, please contact Landgate via www.landgate.wa.gov.au or by calling (08) 9273 7373.

In revaluation years where there is a significant GRV increase, local government will reduce the rate in the dollar to offset the impact for the ratepayers.

How your council rates are calculated

Step 1 Establishing the City’s operating cost Step 2 Establishing the rate in the dollar

Minus Revenue from sources other than rates

To get Rates revenue required for 2026/27

Cost Total cost of the City

By GRV of all rateable properties across the City of Stirling

Divide Rates revenue required for 2026/27

To get Rate in the dollar set by Council for 2026/27

Step 3

Multiply Rate in the dollar associated to your property for 2026/27

Establishing what rates you pay

By GRV for your property

To get Your rates for 2026/27