Waiheke is officially a million dollar island, with average residential property valuations of $1,156,000.

Auckland Council valuations of residential properties in the Waiheke Local Board area have risen by an average of 64 per cent since 2014, the biggest increase in the Auckland region.

Waiheke residents are showing mixed reactions to seeing their property valuations head through the roof.

ROSE DAVIS/STUFF

Waiheke property valuations have increased more than in most areas of Auckland.

READ MORE VIA STUFF

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