Featured post

ROCKY BAY NEVER WAS OMIHA

A Waiheke Island Myth Part 1 On Waiheke Island, New Zealand, a myth has grown up among a handful of people in the Rocky Bay Village th...

Monday, 25 February 2008

RATES FACTS: WAIHEKE AND THAMES-COROMANDEL

There is much myth and misinformation claiming that rates on Thames-Coromandel are far higher than on Waiheke--'They would triple' was one assertion hurled at me.

None of it is true, as council and Quotable Value data proves. For 2006/2007 total council income on Waiheke was $15,103,000 and on Thames-Coromandel $61,969.000. Waiheke has 6425 properties, Thames-Coromandel 26,480. That works out at an overall average of $2350 per property on Waiheke and $2340 on Thames-Coromandel.

If you look just at the rates component of the two incomes, which was $10,436,000 on Waiheke and $40,828,000 on Thames-Coromandel, the average per property works out at $1624 on Waiheke and $1541 on Thames-Coromandel.