21 November 2018

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Nelson Weekly

Affordable Excellence 69 Haven Road, Nelson 7010 24 Hour Service - 7 Days

03 539 0066

Locally Owned and Operated

www.simplicity.co.nz

wednesday 21 november 2018

Horsing around

page 4

All I want for Christmas... Page 16-17

Hats off to Grey caps

page 25

Stoke rises up The crew behind creating ‘Raise’ which has been painted onto the back wall of the Nelson Basketball building on Neale Ave. Story on page 2. Photo: Sara Hollyman.

Nelson’s house price surge revealed Charles Anderson and Sara Hollyman

Areas of Nelson that have traditionally been thought of as the most affordable in the city have seen the biggest surge in home values over the last three years. QV, on behalf on Nelson City Council, last

Great Deals

week released new valuations for all properties across the city. Analysis provided to the Nelson Weekly exclusively by Corelogic shows that some suburbs have increased in value by up to 50 percent since the last valuations. In 2015, the median house value of a home

in Toi Toi was $270,000, now it is $410,000 – a 52 percent jump. In Washington Valley the 2015 value was $300,000, now it is $444,000 – a 48 percent jump. The new information will be used by Nelson City Council to decide how rates will be apportioned across the city, from Stoke

to Hira. Nelson City Council group manager corporate services Nikki Harrison says, although home values have risen across the board, the council won’t receive any extra revenue from the revaluations.

SEE PAGE 7

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21 November 2018 by Top South Media - Issuu