Valuations are out

New property valuations for Wellington and its nine $1 million suburbs have been published online. The latest figures, produced by QV every three years, show a jump of 44.6 per cent in average residential house prices across the city, with nine suburbs now valued at more than $1 million on average. Valuations for individual properties were listed on the QV website yesterday afternoon. The average house value in the capital is now $877,000.