Mackenzie values rocket up
Mackenzie property values have soared, with increases of up to 80 per cent in Tekapo and Twizel.
Saturday, October 4th 2003, 4:02AM
by The Landlord
The capital value of the district has increased by 39 per cent and land value by 119 per cent. The district is valued at $1.35 billion, and the 3455 properties have an average capital value of $392,000.
The biggest increases in residential values are in Tekapo and Twizel, with increases of 83 per cent and 84 per cent respectively. That brings the average CV in Tekapo to $259,000, and in Twizel to $117,000.
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