Huge hike in values of district properties
Monday 8 November 2004
Numerous New Plymouth coastal properties have passed the million-dollar mark in the latest government valuations (GV).
By The LandlordAnd they are just part of a huge boost for properties across all areas of the district, which have almost doubled or tripled in capital value.
On Oakura's Messenger Tce, 15 properties now have a capital value of more than $1 million, while on Bell Block's Wanaka Tce one property had passed the million-dollar mark.
On New Plymouth's waterfront Woolcoombe Tce, six properties are valued at more than $1 million, along with three on nearby Octavius Pl. Across in Fitzroy, two properties on Hamblyn St are valued in excess of $1 million.
Read More - Opens in a new window
Commenting is closed
There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.
Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.
LVR speed limits continue to have a "strong effect" on investors, according to CoreLogic, after the latest Reserve Bank data showed a drop in investor borrowing.