Council valuations of Auckland homes have jumped by almost a third on average, new figures reveal.
Auckland Council will tomorrow release new valuations for more than 220 suburbs across the region for three-yearly review of CVs.
The figures will show properties in 10 areas have had an increase to their valuation of 50 per cent or more over the past 12 months; including Hobsonville which has jumped by a massive 65 per cent.
NZ mortgage rates: How we compare with rest of the world
Just four areas have recorded reductions in their CVs; Manukau Heads, Kawau Island, Great Barrier Island and Rakino Island.
