Auckland’s Outer Suburbs Fare Better in New CVs, as Property Values Drop 9%

Up $240k here, down $505k there: A snapshot of Auckland’s new property valuations

Overall, residential CVs across Auckland dropped by 9%, but there were some big swings between houses from ward to ward.

Why our rates are rising as valuations drop – and the wealthy exceptions to the rule

Analysis: Howls of pain are emerging from Auckland as homeowners compare the declines in this week’s new rateable valuations with the rises in their rates bills, taking effect from the start of next month. My family lives in Onehunga. This week’s new figures show our home’s rateable valuation is down 8 percent on 2021, yet our rates will rise about 5.8 percent ($315) from July 1. Add to that a 7.2 percent hike to Watercare charges, and it’s cost…

Auckland’s outer suburbs fare better in new CVs, as property values drop 9%

Property values in Auckland’s outer suburbs have fared best in the latest council valuations, but it comes with higher rates. An early look at the valuation...

Auckland’s outer suburbs fare better in new CVs_ as property values drop 9%

Property values in Auckland’s outer suburbs have held up better than the 9% regional drop. Properties closer to the city centre saw valuations fall by about 14%, resulting in lower rates. Council chief finance officer Ross Tucker said rate changes depend on how property values compare to the 9% average fall. Property values in Auckland’s outer suburbs have fared best in the latest council valuations, but it comes with higher rates. An early look…

How Auckland ratepayers can learn their new property valuations

Auckland Council will release the rating valuations for Auckland's 630,000 properties online soon.

Auckland Rating Valuations available now - average 9% decline since previous valuation

The biggest declines in the latest Auckland Council valuations have been in the central suburbs