8 Mar 2022

Auckland house values up 34 percent on average

From Checkpoint, 5:39 pm on 8 March 2022

Auckland homeowners have confirmation today they're sitting on a gold mine with property valuations up 34 percent on average.

Suburbs in Auckland's south and west, as well as Great Barrier Island, lead the pack when it comes to ballooning capital value rises.

Māngere-Ōtāhuhu, Henderson-Massey and Maungakiekie-Tāmaki jumped between between 41 and 49 percent, while Great Barrier is up 59 percent.

The rises mean to higher rates for some, as well as intensification away from the Auckland's CBD.

And as reporter Nick Truebridge and cameraman Nick Monro discovered, not everyone's happy about it.