Property valuations are going up, but that doesn't mean council rates are going to follow suit.

A report presented to Auckland Council confirms residential capital values have increased almost 35 percent since 2011.

Finance committee chairwoman Penny Webster says that won't mean a massive increase in the rates most people pay.

But it could increase residential rates, relative to commercial rates.

Councillors are considering increasing base uniform charges, to decrease rates for high-value properties.