Hamilton property valuations have shot up 30 per cent, taking the average house value in the city up to over half a million dollars in the latest council revaluations.
Property owners will be able to see how their property has fared in the last three years when the new valuations are available online from tomorrow.
The average residential property in the city is valued at $582,800 - up 30 per cent from $441,525 when they were last carried out on September 1, 2015. Between 2012 and 2015 property values increased by 21 per cent.
The revaluations, carried out by independent valuer Quotable Value, are a snapshot of the property market as of September 1, 2018.
New housing areas Baverstock, Peacocke and Greenhill have seen the biggest rise, with their capital values almost doubling in the past three years.
Flagstaff and Rototuna have also risen 38.6 per cent to about $803,000. This is another big rise for the northern suburbs which recorded the biggest increase of 32 per cent in the last round.
Frankton values have also risen 36.1 per cent to $424,387.
St Andrews saw the smallest amount of growth, with the average property price rising 21.5 per cent on the three years ago.
Commercial and industrial capital values in Hamilton have also increased by an average of 24.8 per cent and land values are up and average 44 per cent.