Western Bay of Plenty Property Owners Receive Valuation Updates

Property owners in the Western Bay of Plenty have recently received updated valuations detailing changes in property values. The overall rateable value for the district has seen a small decline in recent months.

The Council's latest valuations, conducted by Quotable Value, show a total rateable value of $42.76 billion, influenced by a 2% decline since the last review. The discrepancies in property valuations may affect individual rates, depending on how a property’s value compares within the local market.