AUCKLAND LAND VALUES.

Dominion, Volume 4, Issue 1035, 26 January 1911, Page 6

AUCKLAND LAND VALUES.

: A EEPLY- TO 'MR. WILFORD.-" ..(Eγ' TclcuraDh—Special CbrrcEpondent.i' : Auckland, January 25. : The statenicnt.by.Mr.-.Wilford,- Mayor ,'bf Wellington,.vthat'./AuckJand is in the . '[throws of- n -lahff Ijoojri" is challenged by /a land ageiff "who"is'iiWf'in Auckland, .but who • was.-iiii-business.'in-.-Wellington during the recent boom in that city. The agent declares that the present prices of land in Auckland do not nearly approach ;lhosc ruling in. "■' Wellington during the boom, and thatr.moreover they arc a great deal, .less, tharixthe present AVellington prices:. "Take Island-Bay;" .for instance," said -the-agent iii conversation with a reporter yesterday. "During , the boom' land was-being sold-thero for : as much as «£2O a..f00t... .-At the", present-time similar land mayvbo obtained ttt Takapuna, about the ■ same distance ■'■ from Auckland as Island Bay is from Wellington, "from .£2 to £5 a foot,;or. less-than , one-fourth of the Wellington, boom prices--. / Then again hill sections: at Northland, just outside Wellington, were selling'from .£ls to £20 a foot. Compare this with land at Epsom, which may now be had from'<£-l to £5 a foot. Miramar'is another instance of tho high prices reached in Wellington in the boom time.' Pi-ices 'there went,to about .£2O, a foot, and even now the rate is as high as .£l2' or' ,£ls. ' Any quantity of land "a similar, distance from Auckland city, .say.at One Tree Hill, Onehunga, or lakapuna, may be had for £i or B« root. In Kemucra, also, I can offer excellent sections overlooking the' racecourse ami near the tram line, at M 10s. a foot. If wo take longer distances I can point to tho Hutt, where.land during the boom went up to. MO 'and i 25 a foot, rho distance from'Wellington'about corresponds with Otahuhu and Auckland. I need hardly point out'that land at Otahuhu has not'reached-a third of the amount mentioned ■■■