Rotorua's property values have risen 10.2 per cent in the past 12 months.

The QV House Price Index for February, released at midday today, shows the current average valuation of a house in Rotorua is $299,964 - that's 10.2 per cent higher than last February and up 2.7 per cent from three months ago

Average values now sit 2.2 per cent over the 2007 market peak.

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