
Hibiscus and Bays property values had some of the lowest increases across Auckland, according to valuations released earlier this month.
The CV values on the Hibiscus Coast increased 25 percent, compared to the Auckland average of 34 percent.
The updated values reflect the likely price a property would have sold for on June 1 last year and will be used to determine rates for the next rating year starting on July 1.
Auckland Council chief economist Gary Blick says standalone dwellings have increased by 34 percent while increases for already intensified housing types such as apartments (eight percent) and flats (27 percent) were slightly lower.
Individual property data is available for the more than 590,000 properties in Auckland at www.aucklandcouncil.govt.nz/revaluation. Property owners will receive notices in the mail, including information on how to object. Objections must be entered online or received in writing before 5pm on April 22.
