High Auckland rate rises hit cheaper suburbs

Auckland's cheaper suburbs, especially those in the south, look more likely to get higher than average rates rise when the Council unveils the figures in about a week.

Lower value areas dominate the list of suburbs where values have risen faster than the city wide average - the scenario that delivers higher than average rate rises.

Smaller than average value increases, likely to mean below average rate rises, show up more in pricier central Auckland suburbs and parts of the North Shore.

The picture is painted in unofficial suburb-by-suburb figures released by QV to RNZ in 2014, and compared with 2017 figures it released to the New Zealand Herald's property report.

QV would not provide detail figures directly to RNZ covering the three years since the last council revaluations because of its commercial relationship with the council.

QV's online E-valuer shows an average increase Auckland-wide of 49.4 percent between March 2014 and the revaluation date of July 2017.

It's the relationship to that figure that determines whether a property's rates will rise by more or less than the average, or even fall.

The longest list of rapidly rising values is in Manukau City, which includes 13 of 21 suburbs with rises 10 percent or more above the average.

Randwick Park, Mangere East and Favona all had value rises higher than 66 percent.

The winners in the next rates round are more likely to be higher value suburbs in Auckland City, where 8 of 21 suburbs with rises 5+ percent lower than the average are found.

Freemans Bay, Epsom, and St Mary's Bay are all around the 40 percent mark.

Suburbs in the former Waitakere City in the west are clustered more just above the average, except for Ranui on 66 percent and Glen Eden on 63 percent.

The figures are only a guide, because individual properties within suburbs may move differently.

Auckland's mayor is hoping to hold average rates to a rise of around 2.5 percent from next July.

The outcome of the three-yearly council revaluation that recuts how the rate burden is shared should be released in just over a week.

Suburbs where values rose 10+ percent higher than the Auckland average 49.4 percent:

NORTH SHORE

Windsor Park - 63.79

AUCKLAND

Otahuhu - 62.13

Eden Terrace - 65.92

WAITAKERE

Glen Eden - 63.27

Ranui - 66.32

MANUKAU

Mellons Bay - 60.17

Manurewa - 60.85

Eastern Beach - 60.95

Mangere - 61.40

Papatoetoe - 61.67

Clover Park - 61.76

Manurewa East - 63.11

Maraetai - 63.26

Weymouth - 63.79

Clendon Park - 65.23

Randwick Park - 66.40

Mangere East - 66.42

Favona - 66.45

PAPAKURA

Red Hill - 60.26

Rosehill - 62.41

Papakura - 64.38

Suburbs where values fell 5+ percent more than the Auckland average 49.4 percent

RODNEY

Gulf Harbour - 42.04

NORTH SHORE

Bayview - 36.93

Birkdale - 39.16

Browns Bay - 41.88

AUCKLAND

Lynfield - 39.27

Freemans Bay - 39.40

Epsom - 40.23

St Mary's Bay - 40.91

Herne Bay - 42.05

Hillsborough - 42.61

Westmere - 43.30

Grey Lynn - 43.51

WAITAKERE

Piha - 34.37

Hobsonville - 42.0

Green Bay - 43.65

MANUKAU

Golflands - 40.93

Goodwood Heights - 41.20

Burswood - 41.63

Highland Park - 43.62

Somerville - 43.84

FRANKLIN

Clarks Beach - 36.97

Source : QV/NZ Herald Property Report Measuring change in e-valuer 1 March 2014 - 30 June 2017.


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