Auckland Council Rates Calculator – prepare for a shock!
From July this year a new rating system will apply to Auckland properties which will see significant rate increases that will come as a shock to many property owners!
You can check with this online calculator how much your rates will increase after July or use the calculator to check the future rates on any property you may be looking at purchasing.
We have checked a few properties in the Pt Chevalier area and here are some examples of the increases:
Current CV $425,000
Current rates $1,590
New rates $1,800 – $1,870
Increase 13.2%
Current CV $640,000
Current rates $1,972
New rates $2,370 – $2,450
Increase 20.2%
Current CV $920,000
Current rates $2,579
New rates $3,160 – $3,230
Increase 22.5%
Current CV $1,760,000
Current rates $4,871
New rates $5,600 – $5,670
Increase 14.96%
Current CV $2,500,000
Current rates $5,948
New rates $7,750 – $7,830
Increase 30.3%
The question has to be asked – why are the rates increasing 13% plus when inflation is so low – perhaps one reason is that there are more leaky home cases being settled by council on a confidential basis than we realise?
March 07 2012 03:30 pm | Uncategorized
Mike on 17 Mar 2012 at 1:37 am #
The rates are increasing by these absurd percentages because Len Brown is required to unify 8 different rating systems into one. Properties at the edge of the city eg Henderson, Waitakere, are worth less that properties in old established suburbs like Pt Chev so when you use one rate across the whole city rates for higher valued areas go up and rates for lower valued areas go down. Your rates increase is not going to be spent on roads or rubbish – it will be used to reduce the rates of somebody in Rodney or Waitakere.