ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Hefty rates rises likely for some Auckland homes

Author
NZME.news,
Publish Date
Tue, 2 Jun 2015, 5:56PM
Suburbs up for big rises include Mt Eden, Mt Roskill, Glenfield and working-class Mangere and Otahuhu where property values have soared (Edward Swift)
Suburbs up for big rises include Mt Eden, Mt Roskill, Glenfield and working-class Mangere and Otahuhu where property values have soared (Edward Swift)

Hefty rates rises likely for some Auckland homes

Author
NZME.news,
Publish Date
Tue, 2 Jun 2015, 5:56PM

Some Auckland households are staring at an average rates increase of 5.6 percent next year - and 126,000 households face an increase of more than 10 percent.

The council has released the latest rates breakdown based on a decision 12 days ago to raise the overall rates increase from 2.5 percent to 3.5 percent.

Suburbs up for big rises include Mt Eden, Mt Roskill, Glenfield and working-class Mangere and Otahuhu where property values have soared.

On the flip side, several areas have sizeable rates cuts, including Great Barrier and Waiheke Islands, Rodney and Papakura.

 

Take your Radio, Podcasts and Music with you