Property Management

South Taranaki revaluations cause concern for councillors

A revaluation that has seen the capital value of South Taranaki properties increase by 34% in the past three years, and could lead to rate increases of more than 40% on some properties, was scrutinised by South Taranaki District councillors yesterday.

Thursday, December 04th 2003

The recently completed valuation by Quotable Value NZ Ltd (QV) has seen the capital value of the district increase from $3.4 billion to $4.6 billion, with significant increases in some rural areas.

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