Houses trumping latest council CVs

  • Just seven months after new valuations were set for Hamilton homes, some are already fetching up to $205,000 above those figures.

Hamilton City Council revealed an average increase of 21.4 per cent on capital valuations in November last year, compared with the last time they were set, in 2012.

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Trumping

A property with a four-bedroom home and two-bedroom apartment attached on a 675sq m section in Rototuna’s Aquila Crescent had a CV of $690,000, but sold for $895,000. Photo / Supplied

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