Rotorua house values up 13 per cent (+video)

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Rotorua's property values has risen 13.8 per cent in the last 12 months, hitting an average value of more than $300,000.

The QV House Price Index for March, released at midday today, shows the current average valuation of a house in Rotorua is $305,603 - that's 13.8 per cent higher than last March and up 3.6 per cent from three months ago.

Average values now sit 4.1 per cent over the 2007 market peak.

- Rotorua Daily Post

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