Monthly Archives: August 2014
Auckland’s property values jump 33pc
Property values in Auckland’s super-heated market have risen 33 per cent since 2011 and ratepayers will soon get notices of big hikes.
But Aucklanders should not fear a 33 per cent rate rise. Valuations are only one of the many factors which influence the council’s rating plans and revenue gathering.
Aucklanders will find out exactly what their new valuations are in November, with the new rates bill not due until next year.
Peter McKay, Auckland Council’s registered valuer, said that the 33 per cent rise was average movement across the region.
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