Property values rise 3.4%

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Tuesday, June 16

Residential property values in Waitaki are trending upwards, according to Quatable Value’s (QV) latests monthly residential value index.

Latest figures to May 31 show the average property value in the Waitaki district is $227,452 compared to $219,960 at the same time last year, an increase of 3.4%.

Overall, values have gone up 2.5% in the last three months and 2.6% in the last six months.

By Daniel Birchfield

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