Postponement of Auckland Council 2020 revaluation
All councils in New Zealand are required to revalue properties within a three-year period.
Earlier this year, Auckland Council commenced its latest revaluation exercise that would result in updated capital values being available on all properties in early November 2020. These valuations are one component in helping determine what portion of the region’s total rates an individual property owner pays.
COVID-19 and the lockdown have made it difficult to conduct a reliable revaluation this year. Property valuations are generated using recent sales data of comparable properties and other relevant market evidence such as rental levels. That sales data is currently limited, as COVID-19 has caused a significant drop in both the volume of property sales and the quality of rental evidence.
As a result, the Valuer-General has agreed to Auckland Council’s request to defer its 2020 general revaluation for one year because of difficulties caused by COVID-19.
Impact on rates
Rates will continue to be generated based on the current (2017) values in the same manner as the 2019/2020 and 2020/2021 rates have been.
Impact on property prices
Rating valuations are not intended for market use. They are a mechanism to allocate rates among property owners.
Poll: Do you set New Year’s resolutions?
🎉 2026 is almost here!
We’re curious ... how do you welcome it?
Do you set resolutions, follow special traditions, or just go with the flow?
-
9.8% Yes! New Year, New Me
-
22% Yes - but I rarely stick to them
-
68.1% Nah - not for me
Poll: 🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Aucklanders, our weekly rubbish collections are staying after councillors voted to scrap a proposed trial of fortnightly pick-ups.
We want to hear from you: would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Keen for the details? Read up about the scrapped collection trial here.
-
85.2% Same!
-
14.8% Would have liked to try something different
Art day for children (ages 7-12yrs)
If your child loves drawing and painting they’ll love this one-day workshop with artist Eion Bryant. With step-by-step instruction children will draw then create a vibrant acrylic painting learning tips and techniques along the way. Fun and focused!
Venue: Beach Haven Community House, January 21, 11.00am - 4.00pm Cost: $70
Bookings: eion@eionbryant.com
Ph 0211327033 or 0210606641
Loading…
