Brockville capital values were up 52.3% Photo: ODTThe prices of Pine Hill, Mornington and Caversham households have soared in Dunedin’s new three-yearly valuations. The average capital value of Dunedin homes has increased 39.1% since the last ratings in 2016. Across all sectors there was a 30.4% increase in capital value and a 49.1% rise in land value. Capital values in Lower Mornington and Caversham (pictured) were up by 54%. Land values increased overall by 29% for commercial and 49.5% for industrial.

Source: Otago Daily Times November 01, 2019 05:15 UTC