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Ōpōtiki’s property values fell in 2025 due to high rates and weak demand, with residential values down 3.5% since 2022.
Ōpōtiki District Council has released new rating valuations for 6,178 properties as of 1 June 2025, with the total rateable value at $4.64 billion and land value at $2.24 billion.
Residential values dropped 3.5% since 2022, averaging $549,000, due to high interest rates and reduced buyer demand.
Commercial, industrial, and rural land values declined, with pastoral farms down 9.3% and horticultural land nearly 5%.
Lifestyle properties saw a near 3% drop, though demand remains steady for coastal and rural views.
The market has shifted to a buyer’s market with low activity.
Valuations, prepared by Quotable Value and independently audited, reflect conditions as of 1 June 2025 and are not for mortgage or insurance purposes.
Los valores de las propiedades de Ōpōtiki cayeron en 2025 debido a las altas tasas y la débil demanda, con valores residenciales que cayeron un 3.5% desde 2022.