Quick facts
- Property values are used to share the rates revenue requirement between property owners.
- All councils in New Zealand are required by law to revalue all properties within their boundaries every three years. This ensures we can charge the same rates to properties of the same value, as property values move over time.
- With regard to rate changes – if a property’s value moves in line with the average change in property values, an owner’s rates will move at the same level as the average change in rates. It is only if a property’s value rises or falls more than average, that its share of rates would change.
- We know there is huge interest in the council’s revaluation process, so information is on our website and in our rates notices.
- Auckland Council’s next revaluation process begins in May 2024, with the new values used to assess rates from July 2025. The previous revaluation was in 2021.
Quotes
Contact the Auckland Council media team or a communication partner for comment.
Links
What are Auckland Council rates spent on?
