North-west properties lead the way in valuation increases

December 4, 2017

The growth in value of properties in several areas of Auckland’s north-west region have
outperformed much of the rest of the city.

Auckland Council released its suburb-wide rateable value data last month, which show average increases for the three years since the previous valuations in mid-2014. Across Auckland, residential property increased 45 percent on average – but Helensville and Kaukapakapa homes increased 65 percent.

Nearby Parakai/South Head saw an increase of 69 percent, the eighth highest out of all Auckland’s 208 suburbs.

The jump in value compared to the rest of Auckland reflects the area’s increasing popularity, particularly among families - couples with children make up 40 percent of Helensville’s population. The current strong demand for well-priced house and land packages in Helensville is expected to increase as the town’s reputation for affordability, high-quality amenity and family-friendliness continues to grow.

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