Property Management

Tenants under pressure

Tenants will be hit with rent rises over the next six months as landlords pass on rate increases across the Auckland region...

Friday, April 18th 2003

Rate increases are expected from Auckland City Council and Auckland Regional Council (ARC) in June, to cover transport and major infrastructure development.

Low-value ($180,000-$200,000) property owners will face an average city council rates increase of 21 per cent, while medium-value property owners face a 7.3 per cent rise.

Property owners must also pay a separate ARC rates bill for the first time. In the past this rate appeared on their city council rates bill.

Last year the ARC levy was $79 for a $260,000 property. This year, it more than doubles to $200.

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Unity First Home Buyer special 6.55
SBS FirstHome Combo 6.74
Heartland Bank - Online 6.89
Wairarapa Building Society 6.95
TSB Special 6.99
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
ASB Bank 7.14
ANZ Special 7.14
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.55
SBS Bank Special 6.69
TSB Special 6.75
Westpac Special 6.75
China Construction Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
ASB Bank 6.75
Unity 6.79
Co-operative Bank - Owner Occ 6.79
SBS Bank Special 6.19
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
SBS Bank 6.79
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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