Capital Land Values Up
The gross capital value of land increased by £l94m during the year ended March 31, according to the September abstract of statistics prepared by the Department of Statistics. It now stands at £3BBlm. Of this total the rateable capital value is £3479m—an increase of £l7om on the previous year. The gross unimproved value increased by £67m to £1173m and of this the rateable unimproved value is £loB4m or £62m greater than for the previous year. Besides rateable property, gross values include unoccupied Crown lands, churches and schools, together vdth other lands exempt from local rating.
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Bibliographic details
Press, Volume CIII, Issue 30569, 12 October 1964, Page 11
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99Capital Land Values Up Press, Volume CIII, Issue 30569, 12 October 1964, Page 11
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