Auckland property values soar by up to 59 percent - SEARCH YOUR PROPERTY - Property News AU/NZ | propertynoise.co.nz & propertynoise.com.au

PHOTO: Auckland. Photo: 123rf.com

Auckland Council valuations show an average increase of 34 percent since 2017, with individual information by address found here.

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The valuation process is a statutory one, used to work out each property’s share of the city’s rating burden, which will be carved-up using the new data next year.

It’s usually every three years but was deferred in 2020 due to Covid-19 uncertainty. An audit conducted by the Office of the Valuer General in 2021 determined that the council and its valuation partner Quotable Value needed to do more work on the values before they would be ready for release, but the figures have been certified since that work was completed.