In Western Australia, which government agency is responsible for conducting property valuations for rating and taxing purposes?
Correct Answer
A) Landgate (Valuer General)
Landgate, through the Valuer General, is responsible for determining the unimproved value and gross rental value of properties in WA for rating and taxing purposes, including local government rates and land tax.
Why This Is the Correct Answer
The Valuer General, within Landgate, determines the unimproved and gross rental values used for local government rates and land tax.
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In WA, which of the following factors would a valuer consider when assessing the market value of a residential property using the direct comparison method?
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A Queensland agent recommends a reserve to a seller and must back it with a comparative market analysis. What should the CMA compare?